Overview / Commentary
Ameriprise Financial is headquartered in Minneapolis and is the 2nd largest bank in the state of Minnesota. It is also the 222nd largest bank in the nation. It was established in 2006 and as of June of 2020, it had grown to 113 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 Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58303 |
| Year Established | 2006 |
| Employees | 113 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.91% |
| Return on Equity - YTD | 13.72% |
| Annual Interest Income | $51.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $6.01B$2.42B |
| Loans | Q2 2020vs Q2 2019 | $104.8MM$0 |
| Deposits | Q2 2020vs Q2 2019 | $5.30B$2.21B |
| Equity Capital | Q2 2020vs Q2 2019 | $481.5MM$171.3MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $4.2MM$0 |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $659.00K$0 |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |