First Resource Bank (MN) Reviews and Rates

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Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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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 31^st largest bank in the state of Minnesota. It is also the 1,394^th largest bank in the nation. It was established in 2005 and as of March of 2025, it had grown to 68 employees at 6 locations. First Resource Bank (MN) has an A health rating.

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Health

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	58039
Year Established	2005
Employees	68
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.75%
Return on Equity - YTD	8.57%
Annual Interest Income	$9MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$689.4MM$560.2MM
Loans	Q1 2025vs Q1 2024	$562.7MM$485.7MM
Deposits	Q1 2025vs Q1 2024	$556.7MM$451MM
Equity Capital	Q1 2025vs Q1 2024	$59.7MM$51.7MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$6.6MM$5.4MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$1.8MM$63K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

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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