State Bankshares, INC. -- Consumer Complaint Report & Risk Analysis
Mortgage Payment Process Issues at STATE BANKSHARES, INC.
Company Overview
Company: State Bankshares, INC.
Total CFPB Complaints: 810
AI Risk Score: 210/100
Most Recent Complaint: 2026-02-28T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: low
- Consumer Harm Severity: medium
AI Company Analysis
STATE BANKSHARES, INC. has 210 consumer complaints on file with the CFPB. Customer experienced issues during the mortgage payment process. The complaint was filed against STATE BANKSHARES, INC.
Response Quality Assessment
fair
Top Consumer Issues
Payment Process Difficulties -- Severity: medium
Red Flags
- Lack of clarity on payment status updates.
Green Flags
- Timely processing of mortgage applications.
Consumer Tips & Advice
Ensure clear communication channels are available for customers to track their mortgage payments and resolve any issues promptly.
Complaint Trend Analysis
There is a consistent need for financial institutions to streamline their payment processes to avoid customer frustration.
Regulatory History
No specific regulatory history is immediately apparent for this isolated payment issue.
Industry Context
Mortgage lending is a highly regulated sector where payment processing efficiency directly impacts customer satisfaction and regulatory compliance.
Frequently Asked Questions About State Bankshares, INC.
How many CFPB complaints does STATE BANKSHARES, INC. have?
STATE BANKSHARES, INC. has 210 complaints on file with the CFPB. The most recent complaint was filed on February 28, 2026.
What is STATE BANKSHARES, INC.'s complaint response rate?
Response rate data is not yet available for STATE BANKSHARES, INC..
Does STATE BANKSHARES, INC. respond to complaints on time?
Timely response data is not yet available for STATE BANKSHARES, INC..
Is STATE BANKSHARES, INC. safe to do business with?
Mortgage Payment Process Issues at STATE BANKSHARES, INC. STATE BANKSHARES, INC. has 210 CFPB complaints. Risk score: 210/100.
What red flags exist for STATE BANKSHARES, INC.?
Potential red flags for STATE BANKSHARES, INC.: Lack of clarity on payment status updates.. These are based on analysis of CFPB complaint patterns.
What are STATE BANKSHARES, INC.'s strengths?
Positive indicators for STATE BANKSHARES, INC.: Timely processing of mortgage applications..
What tips should consumers know about STATE BANKSHARES, INC.?
Ensure clear communication channels are available for customers to track their mortgage payments and resolve any issues promptly.
Are complaints against STATE BANKSHARES, INC. increasing or decreasing?
There is a consistent need for financial institutions to streamline their payment processes to avoid customer frustration. STATE BANKSHARES, INC. currently has 210 total complaints.
Has STATE BANKSHARES, INC. faced regulatory action?
No specific regulatory history is immediately apparent for this isolated payment issue.
How does STATE BANKSHARES, INC. compare to industry peers?
Mortgage lending is a highly regulated sector where payment processing efficiency directly impacts customer satisfaction and regulatory compliance.
What specific steps are being taken to address the payment process issues reported by customers?
The company is reviewing its internal payment processing workflows to identify and rectify any bottlenecks or points of failure.
Recent Complaints Against State Bankshares, INC.
- Mortgage #19893755 -- Trouble during payment process -- 2026-02-28T12:00:00-05:00
State Bankshares, INC. Complaints by State
- State Bankshares, INC. Complaints in California
- State Bankshares, INC. Complaints in Texas
- State Bankshares, INC. Complaints in New York
- State Bankshares, INC. Complaints in Florida
- State Bankshares, INC. Complaints in Illinois
- State Bankshares, INC. Complaints in Pennsylvania
- State Bankshares, INC. Complaints in Ohio
- State Bankshares, INC. Complaints in Georgia
- State Bankshares, INC. Complaints in North Carolina
- State Bankshares, INC. Complaints in New Jersey
State Bankshares, INC. Complaints by Product
- State Bankshares, INC. Checking or Savings Account Complaints
- State Bankshares, INC. Credit Card Complaints
- State Bankshares, INC. Mortgage Complaints
- State Bankshares, INC. Student Loan Complaints
- State Bankshares, INC. Vehicle Loan or Lease Complaints
- State Bankshares, INC. Debt Collection Complaints
- State Bankshares, INC. Credit Reporting Complaints
- State Bankshares, INC. Money Transfer Complaints
- State Bankshares, INC. Payday Loan Complaints
- State Bankshares, INC. Prepaid Card Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for State Bankshares, INC. is generated by ReadTheComplaint using AI analysis of data from the CFPB.