Citizens Bank Minnesota

Overview / Commentary
105 North Minnesota Street
New Ulm, MN 56073

Citizens Bank Minnesota is headquartered in New Ulm and is the 34th largest bank in the state of Minnesota. It is also the 1,568th largest bank in the nation. It was established in 1875 and as of March of 2022, it had grown to 101 employees at 6 locations. Citizens Bank Minnesota has a B+ health rating.


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Health Grade Components

FDIC Certificate #8200
Year Established1875
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD7.65%
Annual Interest Income$4.1MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$575.0MM$580.3MM
LoansQ1 2022vs Q1 2021$329.4MM$331.0MM
DepositsQ1 2022vs Q1 2021$520.3MM$517.5MM
Equity CapitalQ1 2022vs Q1 2021$46.9MM$50.7MM
Loan Loss AllowanceQ1 2022vs Q1 2021$2.7MM$2.4MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$0$267.00K
Real Estate OwnedQ1 2022vs Q1 2021$0$106.00K

Rates for Citizens Bank Minnesota are currently being reviewed.


Citizens Bank Minnesota Locations
LA Salle Branch102 S BroadwayLa Salle, MN 56056
Citizens Bank Minnesota105 N Minnesota StNew Ulm, MN 56073
Lakeville Branch18476 Kenrick AvenueLakeville, MN 55044
Lafayette Branch701 Main AvenueLafayette, MN 56054
Farmers State Bank Of Watkins Branch170 Meeker Ave NWatkins, MN 55389
Ormsby Branch513 Main StreetOrmsby, MN 56162

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