HERITAGE BANK MINNESOTA
WEST CONCORD, MINNESOTA · FDIC Cert #8865
Capital & Safety Analysis
According to FDIC financial data, HERITAGE BANK MINNESOTA holds a Tier 1 capital ratio of 10.90%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning HERITAGE BANK MINNESOTA has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
HERITAGE BANK MINNESOTA shows strong financial health indicators. With $102M in assets and a Health Score of 67/100, 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
HERITAGE BANK MINNESOTA has a Bank Health Score of B (67/100). It holds a Tier 1 capital ratio of 10.90%, 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.
HERITAGE BANK MINNESOTA holds $102M in total assets and $84M in total deposits. It is located in WEST CONCORD, MINNESOTA (FDIC Certificate #8865).
HERITAGE BANK MINNESOTA has a Tier 1 capital ratio of 10.90%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.36%, and the return on assets is 0.75%.
Yes. HERITAGE BANK MINNESOTA is FDIC-insured (Certificate #8865). 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.