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BankHealth

CITIZENS BANK MINNESOTA

NEW ULM, MINNESOTA · FDIC Cert #8200

B
Health Score
78/100
$564M
Total Assets
$478M
Total Deposits
11.04%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, CITIZENS BANK MINNESOTA holds a Tier 1 capital ratio of 11.04%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning CITIZENS BANK MINNESOTA has a strong buffer to absorb potential losses.

Key Financial Metrics

0.11%
Nonperforming Loans
Low — healthy loan portfolio
26.11%
Liquidity Ratio
Strong — can meet withdrawal demands
0.24%
Return on Assets
Low profitability
$478M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

CITIZENS BANK MINNESOTA shows strong financial health indicators. With $564M in assets and a Health Score of 78/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

CITIZENS BANK MINNESOTA has a Bank Health Score of B (78/100). It holds a Tier 1 capital ratio of 11.04%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

CITIZENS BANK MINNESOTA holds $564M in total assets and $478M in total deposits. It is located in NEW ULM, MINNESOTA (FDIC Certificate #8200).

CITIZENS BANK MINNESOTA has a Tier 1 capital ratio of 11.04%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.11%, and the return on assets is 0.24%.

Yes. CITIZENS BANK MINNESOTA is FDIC-insured (Certificate #8200). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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