Reliance Bank (MN)

Overview / Commentary
2300 30th Street Northwest
Faribault, MN 55021

Reliance Bank (MN) is headquartered in Faribault and is the 105th largest bank in the state of Minnesota. It is also the 3,015th largest bank in the nation. It was established in 2007 and as of June of 2022, it had grown to 30 employees at 1 location. Reliance Bank (MN) has an A health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #58602
Year Established2007
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.21%
Return on Equity - YTD13.21%
Annual Interest Income$4.4MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$212.5MM$198.4MM
LoansQ2 2022vs Q2 2021$169.9MM$151.6MM
DepositsQ2 2022vs Q2 2021$193.5MM$174.4MM
Equity CapitalQ2 2022vs Q2 2021$18.3MM$19.5MM
Loan Loss AllowanceQ2 2022vs Q2 2021$2.7MM$2.2MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$60.00K$350.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0

Rates for Reliance Bank (MN) are currently being reviewed.


Reliance Bank (MN) Locations
Reliance Bank2300 30th St NwFaribault, MN 55021

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.