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Overview / Commentary
888-356-1006
901 3rd Avenue South
Minneapolis, MN 55402

For more than 110 years, Ameriprise Bank has provided solutions to help people change how they think about their money. They have made financial planning about their clients—not just numbers. Treating each customer as an individual, Ameriprise has created customized plans tailored to their dreams and goals

Reviews (2)

NOT FDIC Protected!

Contrary to the listing on this site, certificates at this investment firm are not bank deposits and are NOT covered by FDIC. See their site or call to confirm for yourself. I was blindsided!

Ameriprise FSB

It's simply the best bank I've ever worked with. Great people, great products, great rates. A five star bank!!!



Health

Data for Q1 2014

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Ameriprise Financial has a low asset base.

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Ameriprise Financial had $0 in non-current loans and owned real-estate with $37.48 million in equity and loan loss allowances on hand to cover it. This gives Ameriprise Financial a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
C+

In the past year, Ameriprise Financial has increased its total deposits by $0, resulting in 0% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Ameriprise Financial has shown is average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Ameriprise Financial has $38.79 million in assets with $37.48 million in equity, resulting in a capitalization level of 96.61%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58303
Year Established2006
Employees14
Primary RegulatorOCC
Assets and Liabilities
Assets$38.79 million
Loans$0
Deposits$500,000
Equity Capital$37.48 million
Loan Loss Allowance$0
Real Estate Owned$0
Historic Data - March 2013
Assets$49.53 million
Equity Capital$46.20 million
Loan Loss Allowance$0
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.6%
Return on Assets0.35%
Return on Equity0.36%
Interest Income$53,000
Rates

Sorry, we do not have rate data for Ameriprise Financial

Locations


Ameriprise Financial Locations
Ameriprise National Trust Bank901 3rd Avenue SouthMinneapolis, MN 55402