1st United Bank

Overview / Commentary
430 Northwest Fourth Street
Faribault, MN 55021

1st United Bank is headquartered in Faribault and is the 111th largest bank in the state of Minnesota. It is also the 3,120th largest bank in the nation. It was established in 1920 and as of September of 2021, it had grown to 23 employees at 2 locations. 1st United Bank has an A health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #31249
Year Established1920
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.07%
Return on Equity - YTD9.24%
Annual Interest Income$4.0MM
Assets and Liabilities
AssetsQ3 2021vs Q3 2020$202.2MM$172.6MM
LoansQ3 2021vs Q3 2020$70.0MM$80.0MM
DepositsQ3 2021vs Q3 2020$179.6MM$149.9MM
Equity CapitalQ3 2021vs Q3 2020$22.0MM$21.5MM
Loan Loss AllowanceQ3 2021vs Q3 2020$1.0MM$832.00K
Unbacked Noncurrent LoansQ3 2021vs Q3 2020$624.00K$40.00K
Real Estate OwnedQ3 2021vs Q3 2020$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not 1st United Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

1st United Bank Savings Account Rates

0.50%--IRA Savings
0.10%*$50k*-Community Savings
OTHER TIERS: 0.05% Up to $50k
0.10%*$5k*-Health Savings
OTHER TIERS: 0.05% Up to $5k
0.10%*$50k*-High Yield Business Savings
OTHER TIERS: 0.05% Up to $50k
0.05%$100-Statement Savings
0.05%$25-Youth Savings
0.05%$100-Regular Business Savings

1st United Bank Checking Account Rates

2.00%*$20k*$40kLoyalty Rewards
OTHER TIERS: 0.25% $40k+ | 1.75% Up to $10k | 1.85% $10k - $20k
0.10%*$25k*-Merit Club Checking
OTHER TIERS: 0.05% $1k - $25k
0.10%$5k-Choice Business Checking

1st United Bank Locations
1st United Bank430 4th St NWFaribault, MN 55021
495 North Street W Branch495 North Street WOwatonna, MN 55060

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.