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Citizens Independent Bank


Overview / Commentary
952-926-6561
5000 West 36th Street
Saint Louis Park, MN 55416

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.

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Health

Health Grade Components

Overall
FDIC Certificate #16863
Year Established1950
Employees60
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.44%
Return on Equity - YTD3.64%
Annual Interest Income$2.6MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$273.2MM$267.1MM
LoansQ1 2019vs Q1 2018$179.1MM$177.1MM
DepositsQ1 2019vs Q1 2018$239.3MM$234.7MM
Equity CapitalQ1 2019vs Q1 2018$33.1MM$31.6MM
Loan Loss AllowanceQ1 2019vs Q1 2018$3.1MM$2.9MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$1.6MM$2.4MM
Real Estate OwnedQ1 2019vs Q1 2018$274.00K$70.00K
Rates
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Citizens Independent Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW 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 Branch10901 Excelsior BoulevardHopkins, MN 55343
Plymouth Branch15600 36th Avenue NorthPlymouth, MN 55446
Robbinsdale Main Branch3700 West BroadwayRobbinsdale, MN 55422
Citizens Independent Bank5000 West 36th StreetSaint Louis Park, MN 55416

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