Community Bank Mankato is headquartered in Vernon Center and is the 52nd largest bank in the state of Minnesota. It is also the 2,065th largest bank in the nation. It was established in 1929 and as of December of 2020, it had grown to 62 employees at 5 locations. Community Bank Mankato's money market rates are 82% higher than the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 9760 |
Year Established | 1929 |
Employees | 62 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.92% |
Return on Equity - YTD | 11.14% |
Annual Interest Income | $17.0MM |
Assets and Liabilities | ||
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Assets | Q4 2020vs Q4 2019 | $369.9MM$333.4MM |
Loans | Q4 2020vs Q4 2019 | $308.7MM$274.7MM |
Deposits | Q4 2020vs Q4 2019 | $330.6MM$296.9MM |
Equity Capital | Q4 2020vs Q4 2019 | $30.6MM$27.9MM |
Loan Loss Allowance | Q4 2020vs Q4 2019 | $3.2MM$2.9MM |
Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $2.6MM$3.7MM |
Real Estate Owned | Q4 2020vs Q4 2019 | $903.00K$1.3MM |
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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 | |
---|---|---|---|---|---|
0.80%* | $250k* | - | Blue Chip MMDA | ||
OTHER TIERS: 0.20% → Up to $25k | 0.40% → $25k - $100k | 0.60% → $100k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.60% | $5k | - | 33 Month CD Special | |
0.50% | $1k | - | 36 Month CD | |
0.40% | $5k | - | 13 Month CD Special | |
0.35% | $1k | - | 24 Month CD | |
0.25% | $1k | - | 12 Month CD | |
0.20% | $1k | - | 6 Month CD | |
0.10% | $1k | - | 3 Month CD |
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 |