Minnesota Bank & Trust is headquartered in Edina and is the 20th largest bank in the state of Minnesota. It is also the 1,120th largest bank in the nation. It was established in 2008 and as of December of 2021, it had grown to 39 employees at 2 locations. Minnesota Bank & Trust has a B+ health rating.
Just popped in to set up an account and was told rewards checking rate would be dropping to 2.5%. 5 stars for being up front and honest with me.
Overall | |
---|---|
FDIC Certificate # | 58818 |
Year Established | 2008 |
Employees | 39 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.61% |
Return on Equity - YTD | 12.13% |
Annual Interest Income | $31.6MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $865.8MM$1.00B |
Loans | Q4 2021vs Q4 2020 | $474.4MM$595.7MM |
Deposits | Q4 2021vs Q4 2020 | $719.5MM$789.6MM |
Equity Capital | Q4 2021vs Q4 2020 | $123.4MM$124.1MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $4.8MM$5.9MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $2.9MM$4.1MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$1.8MM |
Always verify rates and promotions with the bank or credit union. We are not Minnesota Bank & Trust; 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.
Minnesota Bank & Trust Locations | ||
---|---|---|
Minnesota Bank & Trust | 7701 France Avenue South | Edina, MN 55435 |
Minnetonka Branch | 9800 Bren Road East, Suite 200 | Minnetonka, MN 55343 |