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Financial Security Bank


Overview / Commentary
www.financialsecuritybank.com
320-264-2161
1011 Atlantic Ave
Kerkhoven, MN 56252

Financial Security Bank is headquartered in Kerkhoven and is the 154th largest bank in the state of Minnesota. It is also the 3,757th largest bank in the nation. It was established in 1906 and as of December of 2020, 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
A

Data as of Q4 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #10176
Year Established1906
Employees22
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.54%
Return on Equity - YTD18.23%
Annual Interest Income$5.4MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$126.4MM$104.3MM
LoansQ4 2020vs Q4 2019$108.5MM$87.1MM
DepositsQ4 2020vs Q4 2019$97.2MM$82.4MM
Equity CapitalQ4 2020vs Q4 2019$10.7MM$9.4MM
Loan Loss AllowanceQ4 2020vs Q4 2019$864.00K$695.00K
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$523.00K$369.00K
Real Estate OwnedQ4 2020vs Q4 2019$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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