Foresight Bank is headquartered in Plainview and is the 75th largest bank in the state of Minnesota. It is also the 2,425th largest bank in the nation. It was established in 1902 and as of March of 2022, it had grown to 45 employees at 2 locations. Foresight Bank's money market rates are 59% higher than the national average, and it has an A health rating.
Overall | |
---|---|
FDIC Certificate # | 5229 |
Year Established | 1902 |
Employees | 45 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.17% |
Return on Equity - YTD | 12.05% |
Annual Interest Income | $3.0MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2022vs Q1 2021 | $314.1MM$296.0MM |
Loans | Q1 2022vs Q1 2021 | $229.1MM$212.4MM |
Deposits | Q1 2022vs Q1 2021 | $272.3MM$250.2MM |
Equity Capital | Q1 2022vs Q1 2021 | $28.5MM$29.6MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $2.5MM$2.5MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $2.1MM$2.3MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Foresight 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.70%* | $500k* | - | Money Market Savings | ||
OTHER TIERS: 0.40% → $1 - $40k | 0.45% → $40k - $100k | 0.50% → $100k - $250k | 0.60% → $250k - $500k |
Foresight Bank Locations | ||
---|---|---|
Foresight Bank | 138 West Broadway | Plainview, MN 55964 |
Highway 52 Branch | 1921 Highway 52 North | Rochester, MN 55901 |