Financial Security Bank


Overview / Commentary
320-264-2161
1011 Atlantic Ave
Kerkhoven, MN 56252

Financial Security Bank is headquartered in Kerkhoven and is the 160th largest bank in the state of Minnesota. It is also the 3,820th largest bank in the nation. It was established in 1906 and as of March of 2021, it had grown to 22 employees at 2 locations. Financial Security Bank has an A health rating.

Related Posts

Financial Security Bank (MN) Offers Kasasa Brand Statewide - 2/11/2021

Financial Security Bank (MN) offers its Free Kasasa Cash Checking, Free Kasasa Cash Back Checking, and Free Kasasa Saver on a statewide basis through online application.

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Health

Health Grade Components

Overall
FDIC Certificate #10176
Year Established1906
Employees22
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.92%
Return on Equity - YTD23.18%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$125.1MM$107.7MM
LoansQ1 2021vs Q1 2020$103.6MM$84.4MM
DepositsQ1 2021vs Q1 2020$102.9MM$86.2MM
Equity CapitalQ1 2021vs Q1 2020$10.2MM$9.4MM
Loan Loss AllowanceQ1 2021vs Q1 2020$863.00K$696.00K
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$747.00K$344.00K
Real Estate OwnedQ1 2021vs Q1 2020$0$879.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Financial Security Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$25kFree Kasasa Saver
OTHER TIERS: 0.25% $25k+

Financial Security Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*-$10kFree Kasasa Cash Checking
OTHER TIERS: 0.25% $10k+
Locations


Financial Security Bank Locations
Financial Security Bank1011 Atlantic AveKerkhoven, MN 56252
Albertville Branch11102 57th Street NeAlbertville, MN 55301

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