Overview / Commentary
Citizens Independent Bank is headquartered in Saint Louis Park and is the 59th largest bank in the state of Minnesota. It is also the 2,358th largest bank in the nation. It was established in 1950 and as of March of 2019, it had grown to 60 employees at 4 locations. Citizens Independent Bank has an A health rating.
Health
A
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 16863 |
| Year Established | 1950 |
| Employees | 60 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.44% |
| Return on Equity - YTD | 3.64% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $273.2MM$267.1MM |
| Loans | Q1 2019vs Q1 2018 | $179.1MM$177.1MM |
| Deposits | Q1 2019vs Q1 2018 | $239.3MM$234.7MM |
| Equity Capital | Q1 2019vs Q1 2018 | $33.1MM$31.6MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $3.1MM$2.9MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $1.6MM$2.4MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $274.00K$70.00K |
Rates
Skip to rates for:
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not Citizens Independent Bank; we are a rate comparison website and cannot provide official rates or promotions.
Citizens Independent Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.50% | $10k | - | 39 Month CD Special | |
| 2.35% | $5k | - | 18 Month CD Special | |
| 2.20% | $5k | - | 11 Month CD Special | |
| 1.71% | $500 | - | 5 Year CD | |
| 1.31% | $500 | - | 4 Year CD |
Locations
| Citizens Independent Bank Locations | ||
|---|---|---|
| Hopkins Branch | 10901 Excelsior Boulevard | Hopkins, MN 55343 |
| Plymouth Branch | 15600 36th Avenue North | Plymouth, MN 55446 |
| Robbinsdale Main Branch | 3700 West Broadway | Robbinsdale, MN 55422 |
| Citizens Independent Bank | 5000 West 36th Street | Saint Louis Park, MN 55416 |