Village Bank is headquartered in Saint Francis and is the 47th largest bank in the state of Minnesota. It is also the 1,945th largest bank in the nation. It was established in 1993 and as of March of 2021, it had grown to 75 employees at 4 locations. Village Bank has an A health rating.
This bank should be shut down as soon as possible. All of their problems stem from an ego filled board and owner. They will not work with any person that has the willingness to make their loan right. In fact, even if the loan is current they try to manipulate the terms so that they can take property back. WATCH OUT FOR THESE CROOKS. When it does get shut down don't be surprised if the current President of the bank and his partner buy it!!!!
|FDIC Certificate #||33761|
|Return on Assets - YTD||1.61%|
|Return on Equity - YTD||22.14%|
|Annual Interest Income||$3.8MM|
|Assets and Liabilities|
|Assets||Q1 2021vs Q1 2020||$420.1MM$305.9MM|
|Loans||Q1 2021vs Q1 2020||$270.3MM$201.2MM|
|Deposits||Q1 2021vs Q1 2020||$386.2MM$269.2MM|
|Equity Capital||Q1 2021vs Q1 2020||$29.9MM$28.2MM|
|Loan Loss Allowance||Q1 2021vs Q1 2020||$3.5MM$3.3MM|
|Unbacked Noncurrent Loans||Q1 2021vs Q1 2020||$414.00K$280.00K|
|Real Estate Owned||Q1 2021vs Q1 2020||$67.00K$305.00K|
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|0.50%*||-||$7.5k||Better Than FREE eChecking|
|OTHER TIERS: 0.01% → $7.5k+|
|Village Bank Locations|
|East Bethel Branch||18770 Highway 65 Ne||East Bethel, MN 55011|
|Village Bank||3350 Bridge Street||Saint Francis, MN 55070|
|Anoka-Ramsey Branch||7125 Riverdale Drive||Ramsey, MN 55303|
|Blaine Branch||9298 Central Avenue, N.E.||Blaine, MN 55434|