Overview / Commentary
Ameriprise Financial is headquartered in Minneapolis and is the 2nd largest bank in the state of Minnesota. It is also the 174th largest bank in the nation. It was established in 2006 and as of March of 2021, it had grown to 105 employees at 2 locations. Ameriprise Financial has an A health rating.
Reviews (2)
Ameriprise FSB
Posted by: Anonymous | Jun 10, 2011
It's simply the best bank I've ever worked with. Great people, great products, great rates. A five star bank!!!
NOT FDIC Protected!
Posted by: randyrandy | Jun 10, 2014
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!
Health
A
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58303 |
| Year Established | 2006 |
| Employees | 105 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 8.44% |
| Annual Interest Income | $26.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $8.84B$6.62B |
| Loans | Q1 2021vs Q1 2020 | $381.0MM$85.3MM |
| Deposits | Q1 2021vs Q1 2020 | $7.99B$6.16B |
| Equity Capital | Q1 2021vs Q1 2020 | $700.2MM$320.4MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $2.9MM$3.7MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $381.00K$677.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |