Community Bank Mankato is headquartered in Vernon Center and is the 49th largest bank in the state of Minnesota. It is also the 1,927th largest bank in the nation. It was established in 1929 and as of March of 2022, it had grown to 66 employees at 5 locations. Community Bank Mankato's money market rates are 2X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 9760 |
Year Established | 1929 |
Employees | 66 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.27% |
Return on Equity - YTD | 15.57% |
Annual Interest Income | $4.2MM |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $437.4MM$386.2MM |
Loans | Q1 2022vs Q1 2021 | $344.1MM$315.2MM |
Deposits | Q1 2022vs Q1 2021 | $398.6MM$350.6MM |
Equity Capital | Q1 2022vs Q1 2021 | $35.7MM$31.4MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $4.2MM$3.8MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $155.00K$1.9MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $587.00K$587.00K |
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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 | |
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0.90%* | $250k* | - | Blue Chip MMDA | ||
OTHER TIERS: 0.30% → Up to $25k | 0.50% → $25k - $100k | 0.70% → $100k - $250k |
Community Bank Mankato Locations | ||
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Community Bank Mankato | 201 East Main Street | Vernon Center, MN 56090 |
Amboy Branch | 203 East Main Street | Amboy, MN 56010 |
Mankato Branch | 300 St. Andrews Drive | Mankato, MN 56001 |
Mankato Branch | 951 Madison Avenue | Mankato, MN 56001 |
Eagle Lake Branch | 405 Parkway Avenue | Eagle Lake, MN 56024 |