First Resource Bank (MN) Reviews and Rates

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Member FDIC

4.46%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

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Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.75%

Our Rating

4.2 / 5

BrioDirect

High-Yield Savings

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Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Overview / Commentary

www.myfrbank.com

651-785-9320

7449 Village Drive
Lino Lakes, MN 55014

First Resource Bank (MN) is headquartered in LINO LAKES and is the 34^th largest bank in the state of Minnesota. It is also the 1,477^th largest bank in the nation. It was established in 2005 and as of September of 2024, it had grown to 61 employees at 6 locations. First Resource Bank (MN) has an A health rating.

Reviews

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Health

Data as of Q3 2024

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Health Grade Components

Overall
FDIC Certificate #	58039
Year Established	2005
Employees	61
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.73%
Return on Equity - YTD	8.17%
Annual Interest Income	$22.7MM

Assets and Liabilities
Assets	Q3 2024vs Q3 2023	$641.2MM$529.7MM
Loans	Q3 2024vs Q3 2023	$538.1MM$465.5MM
Deposits	Q3 2024vs Q3 2023	$512.1MM$428.2MM
Equity Capital	Q3 2024vs Q3 2023	$56.1MM$49.8MM
Loan Loss Allowance	Q3 2024vs Q3 2023	$5.9MM$5.1MM
Unbacked Noncurrent Loans	Q3 2024vs Q3 2023	$56K$70K
Real Estate Owned	Q3 2024vs Q3 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.50%

Our Rating

3.5 / 5

Jenius Bank

Jenius Savings Account

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Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.00%

Our Rating

4.6 / 5

SoFi Bank, N.A.

SoFi Checking and Savings

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Member FDIC

4.46%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.75%

Our Rating

4.2 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Rates

Sorry, we do not have rate data for First Resource Bank (MN).

Locations

First Resource Bank (MN) Locations
First Resource Bank	7449 Village Dr	Lino Lakes, MN 55014
Stillwater Branch	1946 Washington Avenue	Stillwater, MN 55082
Saint Croix Falls Branch	2206 Glacier Dr	Saint Croix Falls, WI 54024
Washington Avenue South Branch	811 Washington Avenue South	Minneapolis, MN 55415

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