Heritage Bank (MN)


Overview / Commentary
507-527-2236
181 Main Street
West Concord, MN 55985

Heritage Bank (MN) is headquartered in WEST CONCORD and is the 165th largest bank in the state of Minnesota. It is also the 3,769th largest bank in the nation. It was established in 1930 and as of March of 2025, it had grown to 16 employees at 3 locations. Heritage Bank (MN) has a B+ health rating.

Reviews

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



Health
B+

Health Grade Components

Overall
FDIC Certificate #8865
Year Established1930
Employees16
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.79%
Return on Equity - YTD12.7%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$105MM$101.9MM
LoansQ1 2025vs Q1 2024$82.2MM$78.5MM
DepositsQ1 2025vs Q1 2024$94.8MM$83.8MM
Equity CapitalQ1 2025vs Q1 2024$6.6MM$6.1MM
Loan Loss AllowanceQ1 2025vs Q1 2024$812K$698K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$279K$321K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for Heritage Bank (MN) are currently being reviewed.

Locations


Heritage Bank (MN) Locations
Farmers State Bank Of West Concord181 Main StreetWest Concord, MN 55985
Dennison Branch37470 First Ave. CourtDennison, MN 55018
Northfield Branch1520 Clinton LaneNorthfield, MN 55057

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.