Bank · FDIC insured
Cowboy State Bank
A $50.3M bank headquartered in Ranchester, WY, with 2 branches in Wyoming. Best rates: CDs 3.29% and savings 0.25% APY.
Cowboy State Bank Carrot Score
63
Carrot Score
Higher than 8% of U.S. banks and credit unions
#10 of 11 in Sheridan, WY metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Cowboy State Bank
Founded in 1912 as Ranchester State Bank in Ranchester, Wyoming, the institution was acquired by an investor group in 2000 and renamed Cowboy State Bank in 2001.
The bank operates two branches in Sheridan County, having opened its Sheridan location in 2001 alongside its original Ranchester branch.
- Headquarters
- 515 Us Highway 14, Ranchester, WY 82839
- FDIC certificate
- 8725 ↗
Branches
2 branches in Wyoming
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Wyoming
2 branches
- Cowboy State BankMain office515 Us Highway 14, Ranchester, WY 82839Directions
- Sheridan Branch232 E Grinnell Plz, Sheridan, WY 82801Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 12.44% | 12.77% | 16.04% or more |
| Troubled loansNoncurrent | 0.91% | 0.46% | 0.00% or less |
| ProfitabilityReturn on assets | 0.91% | 0.99% | 1.52% or more |
| LendingLoans per $100 deposited | $77 | $67 | — |
- CapitalLeverage ratio12.44%Peers’ middle 12.77% · Top 25% 16.04%+
- Troubled loansNoncurrent0.91%Peers’ middle 0.46% · Top 25% ≤0.00%
- ProfitabilityReturn on assets0.91%Peers’ middle 0.99% · Top 25% 1.52%+
- LendingLoans per $100 deposited$77Peers’ middle $67
Compared with the 546 banks with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Cowboy State Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.