Flagship Bank Minnesota

Overview / Commentary
1415 Wayzata Boulevard East
Wayzata, MN 55391-1938

Flagship Bank Minnesota is headquartered in Wayzata and is the 72nd largest bank in the state of Minnesota. It is also the 2,357th largest bank in the nation. It was established in 1875 and as of June of 2021, it had grown to 52 employees at 6 locations. Flagship Bank Minnesota has an A health rating.

Related Posts

View all posts from:

Reviews (1)

Awesome Bank

Posted by: |

Flagship Bank is a very solid bank that offers Great Customer Service and does not try to put you into services you do not want.
My previous bank (Lake Area Bank) changed up their offerings and you had to take all of their services. Plus they started charging fees for just about everything even though I maintained a 20K plus balance.
Flagship Bank pays much better interest rates as well as having the Best Customer Service I have ever experienced. I highly recommend Flagship Bank!


Health Grade Components

FDIC Certificate #8188
Year Established1875
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.11%
Return on Equity - YTD12.84%
Annual Interest Income$6.0MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$327.6MM$303.9MM
LoansQ2 2021vs Q2 2020$231.5MM$238.2MM
DepositsQ2 2021vs Q2 2020$298.8MM$269.1MM
Equity CapitalQ2 2021vs Q2 2020$28.3MM$26.2MM
Loan Loss AllowanceQ2 2021vs Q2 2020$2.1MM$1.6MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$40.00K$48.00K
Real Estate OwnedQ2 2021vs Q2 2020$120.00K$120.00K
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Flagship Bank Minnesota; 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.

Flagship Bank Minnesota Savings Account Rates

0.05%$1-HSA Account
0.03%--Savings Account
0.03%--Super Kids Savings

Flagship Bank Minnesota Money Market Rates

0.07%*$1m*-Money Market Account
OTHER TIERS: 0.03% Up to $100k | 0.05% $100k - $1m

Flagship Bank Minnesota Checking Account Rates

0.03%*$5k*-Regatta Checking
OTHER TIERS: 0.02% Up to $5k
0.03%*$100k*-Admiral Business Checking
OTHER TIERS: 0.02% Up to $100k
0.03%*$100k*-Non-Profit Business Checking
OTHER TIERS: 0.02% Up to $100k
0.03%*$50k*-Senior Checking
OTHER TIERS: 0.02% Up to $50k
0.02%--Interest Checking

Flagship Bank Minnesota CD Rates

0.50%$500-60 Month CD
0.40%$500-48 Month CD
0.30%$500-36 Month CD
0.20%$500-24 Month CD
0.15%$500-18 Month CD
0.10%$500-12 Month CD
0.05%$500-3 Month CD
0.05%$500-6 Month CD

Flagship Bank Minnesota IRA Rates

0.50%$500-60 Month IRA
0.40%$500-48 Month IRA
0.30%$500-36 Month IRA
0.20%$500-24 Month IRA
0.15%$500-18 Month IRA
0.10%$500-12 Month IRA
0.05%$500-3 Month IRA
0.05%$500-6 Month IRA

Flagship Bank Minnesota Locations
Flagship Bank Minnesota1415 Wayzata Boulevard EastWayzata, MN 55391
Eden Prairie Branch7525 Office Ridge CircleEden Prairie, MN 55344
Ramsey Minnesota Branch14150 St. Francis BoulevardRamsey, MN 55303
Isanti Br711 6th Ave NeIsanti, MN 55040
Vadnais Heights Branch1048 Meadowlands DriveWhite Bear Lake, MN 55127
Minnetonka Branch3330 County Road 101 SWayzata, MN 55391

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.