First Minnetonka City Bank

Overview / Commentary

www.fmcbank.com

952-935-8663

14550 Excelsior Boulevard
Minnetonka, MN 55345

First Minnetonka City Bank is headquartered in Minnetonka and is the 79^th largest bank in the state of Minnesota. It is also the 2,566^th largest bank in the nation. It was established in 1964 and as of June of 2020, it had grown to 33 employees at 4 locations. First Minnetonka City Bank has an A+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A+

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	19188
Year Established	1964
Employees	33
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.37%
Return on Equity - YTD	12.59%
Annual Interest Income	$3.9MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$263.1MM$213.4MM
Loans	Q2 2020vs Q2 2019	$145.2MM$123.6MM
Deposits	Q2 2020vs Q2 2019	$235.4MM$189.1MM
Equity Capital	Q2 2020vs Q2 2019	$26.7MM$24.1MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$1.2MM$1.1MM
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$0$326.00K
Real Estate Owned	Q2 2020vs Q2 2019	$0$851.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First Minnetonka City Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Minnetonka City Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^*	$5k^*	-	Health Savings Account
OTHER TIERS: 0.02% → Up to $1k \| 0.03% → $1k - $5k
0.02%	$15	-	Advantage Savings
0.01%	$15	-	Thrift Savings Account

First Minnetonka City Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.12%^*	$50k^*	-	Money Market Savings Account
OTHER TIERS: 0.05% → $15 - $10k \| 0.06% → $10k - $25k \| 0.08% → $25k - $50k

First Minnetonka City Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.02%	$500	-	Relationship Checking Account
0.02%	$500	-	Ultimate Gold Checking Account
0.01%	$500	-	Ultimate Interest Checking Account

First Minnetonka City Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$1k	-	48 Month CD
0.50%	$1k	-	36 Month CD
0.50%	$2.5k	-	15 Month CD
0.50%	$2.5k	-	15 Month CD Special
0.45%	$1k	-	30 Month CD
0.40%	$1k	-	24 Month CD
0.40%	$2.5k	-	11 Month CD
0.40%	$2.5k	-	11 Month CD Special
0.35%	$1k	-	18 Month CD
0.30%	$2.5k	-	9 Month CD Special
0.30%	$2.5k	-	9 Month CD
0.25%	$1k	-	12 Month CD
0.20%	$1k	-	182 Day CD
0.10%	$1k	-	91 Day CD

First Minnetonka City Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%	$1k	-	48 Month IRA
0.50%	$1k	-	36 Month IRA
0.50%	$2.5k	-	15 Month IRA
0.50%	$2.5k	-	15 Month IRA Special
0.45%	$1k	-	30 Month IRA
0.40%	$1k	-	24 Month IRA
0.40%	$2.5k	-	11 Month IRA
0.40%	$2.5k	-	11 Month IRA Special
0.35%	$1k	-	18 Month IRA
0.30%	$2.5k	-	9 Month IRA Special
0.30%	$2.5k	-	9 Month IRA
0.25%	$1k	-	12 Month IRA

Locations

First Minnetonka City Bank Locations
Country Village Branch	11500 Highway Seven	Minnetonka, MN 55343
First Minnetonka City Bank	14550 Excelsior Boulevard	Minnetonka, MN 55345

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.