KleinBank is headquartered in Chaska and is the 2nd largest bank in the state of Minnesota. It is also the 419th largest bank in the nation. It was established in 1925 and as of March of 2018, it had grown to 364 employees at 23 locations. KleinBank has an A health rating.
I am very dissatisfied with KleinBank in Chanhassen. I was merely trying to renew a equity loan, and all they did was send me offers of higher payments. When they came down to where we began over 30 days had passed, and when it came to closing, my loan officer was on vacation, so they threatened liens and foreclosure if I didn't sign their new contract (with additional fees) because the loan was not written correctly in the first place. They forced me to close before my loan officer returned, so they would not have to admit to their own mistakes. I have been with this bank for over ten years and they treat me like a fool, called me a liar, and bullied me. if you bank with these guys, document everything..conversations..date... times etc.
|FDIC Certificate #||1414|
|Return on Assets - YTD||1.5%|
|Return on Equity - YTD||14.96%|
|Annual Interest Income||$16.8MM|
|Assets and Liabilities|
|Assets||Q1 2018vs Q1 2017||$1.97B$1.91B|
|Loans||Q1 2018vs Q1 2017||$1.07B$1.01B|
|Deposits||Q1 2018vs Q1 2017||$1.73B$1.62B|
|Equity Capital||Q1 2018vs Q1 2017||$195.7MM$198.6MM|
|Loan Loss Allowance||Q1 2018vs Q1 2017||$13.2MM$13.8MM|
|Unbacked Noncurrent Loans||Q1 2018vs Q1 2017||$9.0MM$5.8MM|
|Real Estate Owned||Q1 2018vs Q1 2017||$31.00K$0|
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