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iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
Elevate Bank Rates & Review May 2026Elevate Bank's 1 YEAR CD rates are at 3.79%, 3 YEAR CD rates are at 1.71%, 2 YEAR CD rates are at 1.61%. Elevate Bank's savings rates are at 0.15%. Elevate Bank's money market rates are at 2.53%. MonitorBankRates evaluates the financial stability of Elevate Bank with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 4.34%. Rates were last updated on 05/03/2026. Elevate Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Elevate Bank? Share your experience about Elevate Bank by leaving a review below, or read customer reviews before you decide to use Elevate Bank.
Elevate Bank CD Rates
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Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Elevate Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health. Rate Data Aggregation: We gather Elevate Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Elevate Bank's official website for the most current offers and terms.
Bank Profile & Overview
Institution Name
Elevate Bank
Bank Holding Company
ELEVATION BANCSHARES INC
Address
101 W Main St,
Sedan, KS 67361 · Chautauqua
Website
https://www.elevate.bank
FDIC Certificate #
4770
Established
03/13/1874
FDIC Insurance Date
01/01/1934
Domestic Offices
2
Total Branches
2
Regulator
OCC
FDIC Insured
✓ Yes — Up to $250,000
Financial Health & AssetsA+
Overall Health Grade
Score: 98/100
5.0
Exceptional
Out of 5.0 Stars
4.34%
Texas Ratio
Nat'l avg: 5.85%
Return on Assets (ROA)
0.5988%
Return on Equity (ROE)
5.5100%
Non-Performing Loans (NPL)
0.47%
Total Assets
$60,097,000
Total Deposits
$50,638,000
Equity Capital
$7,770,000
Net Income
$892,000
Headquarters
Sedan
Total Offices
2
Source: FDIC | Last Updated 12/31/2025
Customer Reviews
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Frequently Asked Questions About Elevate BankIs Elevate Bank a safe place to deposit money?Yes, Elevate Bank is considered a safe financial institution. With a Texas Ratio of 4.3431553100061%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category. How many branches does Elevate Bank operate?Elevate Bank currently maintains approximately 2 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is there a first-time homebuyer program?Currently, Elevate Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Elevate Bank provides members with tools to manage their accounts and build a solid financial history. Does Elevate Bank offer online and mobile banking?Most modern institutions like Elevate Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.elevate.bank. Current Elevate Bank Rates
Retrieved from our database of financial products. Rates subject to change.
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