CITIZENS INDEPENDENT BANK
SAINT LOUIS PARK, MINNESOTA · FDIC Cert #16863
Capital & Safety Analysis
According to FDIC financial data, CITIZENS INDEPENDENT BANK holds a Tier 1 capital ratio of 16.56%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning CITIZENS INDEPENDENT BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
CITIZENS INDEPENDENT BANK shows strong financial health indicators. With $332M in assets and a Health Score of 93/100, 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 INDEPENDENT BANK has a Bank Health Score of A (93/100). It holds a Tier 1 capital ratio of 16.56%, 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 INDEPENDENT BANK holds $332M in total assets and $263M in total deposits. It is located in SAINT LOUIS PARK, MINNESOTA (FDIC Certificate #16863).
CITIZENS INDEPENDENT BANK has a Tier 1 capital ratio of 16.56%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.05%, and the return on assets is 0.43%.
Yes. CITIZENS INDEPENDENT BANK is FDIC-insured (Certificate #16863). 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.