Commerce Bank (MN) is headquartered in Geneva and is the 90th largest bank in the state of Minnesota. It is also the 2,787th largest bank in the nation. It was established in 1915 and as of March of 2020, it had grown to 16 employees at 2 locations. Commerce Bank (MN)'s money market rates are 2X the national average, but it has a C health rating.
|FDIC Certificate #||10212|
|Return on Assets - YTD||0.54%|
|Return on Equity - YTD||4.26%|
|Annual Interest Income||$2.4MM|
|Assets and Liabilities|
|Assets||Q1 2020vs Q1 2019||$211.1MM$209.5MM|
|Loans||Q1 2020vs Q1 2019||$177.1MM$174.9MM|
|Deposits||Q1 2020vs Q1 2019||$157.3MM$171.6MM|
|Equity Capital||Q1 2020vs Q1 2019||$26.9MM$26.3MM|
|Loan Loss Allowance||Q1 2020vs Q1 2019||$2.8MM$3.0MM|
|Unbacked Noncurrent Loans||Q1 2020vs Q1 2019||$6.9MM$1.8MM|
|Real Estate Owned||Q1 2020vs Q1 2019||$871.00K$966.00K|
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|0.95%*||$25k*||-||High Yield Money Market - available to Minnesota residents only|
|OTHER TIERS: 0.30% → Up to $25k|
|Commerce Bank (MN) Locations|
|Commerce Bank||101 Central Avenue South||Geneva, MN 56035|
|Edina Branch||7650 Edinborough Way||Edina, MN 55435|