Minnesota First is headquartered in Rochester and is the 262nd largest bank in the state of Minnesota. It is also the 4,735th largest bank in the nation. It was established in 1956 and as of March of 2022, it had grown to 9 employees at 4 locations. Minnesota First has a B+ health rating.
Overall | |
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FDIC Certificate # | 26755 |
Year Established | 1956 |
Employees | 9 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.55% |
Return on Equity - YTD | 3.19% |
Annual Interest Income | $376.00K |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $25.1MM$25.4MM |
Loans | Q1 2022vs Q1 2021 | $21.7MM$21.7MM |
Deposits | Q1 2022vs Q1 2021 | $19.9MM$20.3MM |
Equity Capital | Q1 2022vs Q1 2021 | $4.3MM$4.2MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $403.00K$393.00K |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $5.00K$18.00K |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
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Minnesota First Locations | ||
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Owatonna Branch | 111 North Cedar | Owatonna, MN 55060 |
Red Wing | 144 Tyler Road North | Red Wing, MN 55066 |
Winona Branch | 1858 North Service Drive | Winona, MN 55987 |
Minnesota First Credit and Savings, Incorporated | 1932 Viking Drive Northwest | Rochester, MN 55901 |