Financial Security Bank is headquartered in Kerkhoven and is the 157th largest bank in the state of Minnesota. It is also the 3,767th largest bank in the nation. It was established in 1906 and as of September of 2020, it had grown to 21 employees at 2 locations. Financial Security Bank has an A health rating.
Overall | |
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FDIC Certificate # | 10176 |
Year Established | 1906 |
Employees | 21 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.48% |
Return on Equity - YTD | 17.54% |
Annual Interest Income | $4.1MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $123.7MM$100.8MM |
Loans | Q3 2020vs Q3 2019 | $111.3MM$86.5MM |
Deposits | Q3 2020vs Q3 2019 | $92.5MM$76.5MM |
Equity Capital | Q3 2020vs Q3 2019 | $10.2MM$9.1MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $863.00K$695.00K |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $328.00K$906.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$341.00K |
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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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1.00%* | - | $25k | Free Kasasa Saver | ||
OTHER TIERS: 0.25% → $25k+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
3.00%* | - | $10k | Free Kasasa Cash Checking | ||
OTHER TIERS: 0.25% → $10k+ |
Financial Security Bank Locations | ||
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Financial Security Bank | 1011 Atlantic Ave | Kerkhoven, MN 56252 |
Albertville Branch | 11102 57th Street Ne | Albertville, MN 55301 |