MINNESOTA 1ST CREDIT&SVG INC
ROCHESTER, MINNESOTA · FDIC Cert #26755
Capital & Safety Analysis
According to FDIC financial data, MINNESOTA 1ST CREDIT&SVG INC holds a Tier 1 capital ratio of 23.17%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MINNESOTA 1ST CREDIT&SVG INC has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
MINNESOTA 1ST CREDIT&SVG INC shows strong financial health indicators. With $25M in assets and a Health Score of 70/100, 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
MINNESOTA 1ST CREDIT&SVG INC has a Bank Health Score of B (70/100). It holds a Tier 1 capital ratio of 23.17%, 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.
MINNESOTA 1ST CREDIT&SVG INC holds $25M in total assets and $19M in total deposits. It is located in ROCHESTER, MINNESOTA (FDIC Certificate #26755).
MINNESOTA 1ST CREDIT&SVG INC has a Tier 1 capital ratio of 23.17%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.00%, and the return on assets is 0.19%.
Yes. MINNESOTA 1ST CREDIT&SVG INC is FDIC-insured (Certificate #26755). 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.