Banks by state
Safest banks in Minnesota
- Quarter ending
- June 30, 2026
- Source
- FDIC Call Reports
- Results
- First 50 results
Scores from 0 to 100 compare banks within separate groups based on total assets. The state lists sort these scores; “Safest” is not an absolute ranking of risk or a recommendation. Trust institutions, which manage assets for others, and banks that do not lend remain included. Their business models can affect reported ratios.
Ranked banks
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| Bank | Score | Grade | Peer group | Assets |
|---|---|---|---|---|
| Rank 1Ameriprise Bank, FSBMinneapolis | 97.6 | Grade A | $10B to under $100B | $25.5B |
| Rank 2St. Martin National BankSaint Martin | 97.6 | Grade A | Under $300M | $29.4M |
| Rank 3Security State Bank of OkleeOklee | 97.4 | Grade A | Under $300M | $48.8M |
| Rank 4First National Bank NorthWalker | 97.1 | Grade A | $300M to under $1B | $864M |
| Rank 5Think Mutual BankRochester | 96.8 | Grade A | $1B to under $10B | $2.23B |
| Rank 6Liberty Bank MinnesotaSaint Cloud | 95.9 | Grade A | Under $300M | $290M |
| Rank 7Marshall County State BankNewfolden | 95.7 | Grade A | Under $300M | $45.4M |
| Rank 8State Bank of JeffersJeffers | 95.5 | Grade A | Under $300M | $37.1M |
| Rank 9VersaBank USA National AssociationHoldingford | 95.0 | Grade A | $300M to under $1B | $912M |
| Rank 10First Security Bank - CanbyCanby | 94.7 | Grade A | Under $300M | $85.2M |
| Rank 11Vermillion State BankVermillion | 93.9 | Grade A | $300M to under $1B | $931M |
| Rank 12Worthington Federal Savings Bank, FSBWorthington | 93.9 | Grade A | Under $300M | $135M |
| Rank 13Pine Country BankLittle Falls | 92.1 | Grade A | $300M to under $1B | $380M |
| Rank 14Stearns Bank National AssociationSaint Cloud | 91.4 | Grade A | $1B to under $10B | $3.27B |
| Rank 15Minnesota First Credit and Savings, IncorporatedRochester | 89.8 | Grade A | Under $300M | $29.9M |
| Rank 16Welcome State BankWelcome | 89.0 | Grade A | Under $300M | $44.3M |
| Rank 17Battle Bank, National AssociationUpsala | 88.5 | Grade A | Under $300M | $181M |
| Rank 18Citizens Bank MinnesotaNew Ulm | 88.4 | Grade A | $300M to under $1B | $596M |
| Rank 19Security State Bank of WanamingoWanamingo | 88.0 | Grade A | Under $300M | $113M |
| Rank 20Community First BankMenahga | 87.8 | Grade A | Under $300M | $126M |
| Rank 21American State Bank of GryglaGrygla | 87.8 | Grade A | Under $300M | $81.8M |
| Rank 22State Bank of EastonEaston | 87.8 | Grade A | Under $300M | $28.4M |
| Rank 23Ultima Bank MinnesotaWinger | 87.3 | Grade A | $300M to under $1B | $334M |
| Rank 24First Financial Bank in WinnebagoWinnebago | 87.0 | Grade A | Under $300M | $58.1M |
| Rank 25The First National Bank of McIntoshMcintosh | 87.0 | Grade A | Under $300M | $47.0M |
| Bank | Score | Grade | Peer group | Assets |
| Rank 26State Bank of ChandlerChandler | 86.3 | Grade A | Under $300M | $68.7M |
| Rank 27Security State Bank of KenyonKenyon | 84.8 | Grade A | Under $300M | $72.2M |
| Rank 28Lake Elmo BankLake Elmo | 83.0 | Grade A | $300M to under $1B | $530M |
| Rank 29The Northern State Bank of GonvickGonvick | 82.5 | Grade A | Under $300M | $50.6M |
| Rank 30First Farmers & Merchants BankCannon Falls | 82.4 | Grade A | $300M to under $1B | $486M |
| Rank 31PrinsBankPrinsburg | 81.5 | Grade A | $300M to under $1B | $308M |
| Rank 32The First National Bank of BemidjiBemidji | 81.4 | Grade A | $1B to under $10B | $1.08B |
| Rank 33Vergas State BankVergas | 81.0 | Grade A | Under $300M | $60.7M |
| Rank 34BankCherokeeSaint Paul | 80.6 | Grade A | $300M to under $1B | $402M |
| Rank 35First Security Bank - Sleepy EyeSleepy Eye | 80.2 | Grade A | Under $300M | $183M |
| Rank 36Citizens State Bank of RoseauRoseau | 79.7 | Grade B | Under $300M | $291M |
| Rank 37Farmers State Bank of TrimontTrimont | 79.7 | Grade B | Under $300M | $73.1M |
| Rank 38Farmers and Merchants State Bank of PierzPierz | 78.7 | Grade B | $300M to under $1B | $336M |
| Rank 39The First National Bank of ProctorProctor | 77.8 | Grade B | Under $300M | $34.0M |
| Rank 40Janesville State BankJanesville | 77.3 | Grade B | Under $300M | $98.8M |
| Rank 41First State Bank SouthwestPipestone | 77.0 | Grade B | $300M to under $1B | $410M |
| Rank 42ProGrowth BankNicollet | 76.8 | Grade B | $300M to under $1B | $365M |
| Rank 43First State Bank of Le CenterLe Center | 76.7 | Grade B | Under $300M | $110M |
| Rank 44State Bank of Lake ParkLake Park | 76.7 | Grade B | Under $300M | $47.0M |
| Rank 45First State Bank of SwanvilleSwanville | 76.7 | Grade B | Under $300M | $23.8M |
| Rank 46Home State BankLitchfield | 75.2 | Grade B | Under $300M | $219M |
| Rank 47St. Clair State Bank (Incorporated)Saint Clair | 75.2 | Grade B | Under $300M | $134M |
| Rank 48Red River State BankHalstad | 75.2 | Grade B | Under $300M | $110M |
| Rank 49Neighborhood National BankMora | 74.8 | Grade B | $300M to under $1B | $312M |
| Rank 50The Wanda State BankWanda | 74.8 | Grade B | Under $300M | $230M |