Prime Security Bank is headquartered in Karlstad and is the 168th largest bank in the state of Minnesota. It is also the 4,010th largest bank in the nation. It was established in 1925 and as of September of 2020, it had grown to 15 employees at 3 locations. Prime Security Bank has an A health rating.
Overall | |
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FDIC Certificate # | 10971 |
Year Established | 1925 |
Employees | 15 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.34% |
Return on Equity - YTD | 15.83% |
Annual Interest Income | $3.6MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $103.0MM$82.0MM |
Loans | Q3 2020vs Q3 2019 | $89.5MM$69.1MM |
Deposits | Q3 2020vs Q3 2019 | $81.0MM$67.7MM |
Equity Capital | Q3 2020vs Q3 2019 | $8.2MM$7.7MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $708.00K$516.00K |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $16.00K$16.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$858.00K |
Always verify rates and promotions with the bank or credit union. We are not Prime Security Bank; we are a rate comparison website and cannot provide official rates or promotions.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.30% | - | - | Prime Plus Checking |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.50% | $10k | - | 25 Month CD Special | |
0.45% | $10k | - | 13 Month CD Special |
Prime Security Bank Locations | ||
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Shakopee Branch | 1305 Vierling Drive East | Shakopee, MN 55379 |
Eagan Branch | 1595 Thomas Center Drive | Eagan, MN 55122 |
Prime Security Bank | 201 Main Street North | Karlstad, MN 56732 |