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BankHealth

SECURITY STB OF WANAMINGO

WANAMINGO, MINNESOTA · FDIC Cert #18378

D
Health Score
45/100
$90M
Total Assets
$77M
Total Deposits
0.00%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Critically Undercapitalized

According to FDIC financial data, SECURITY STB OF WANAMINGO holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject SECURITY STB OF WANAMINGO to additional regulatory scrutiny.

Key Financial Metrics

0.26%
Nonperforming Loans
Low — healthy loan portfolio
11.43%
Liquidity Ratio
Adequate liquidity
2.12%
Return on Assets
Profitable — earning well on assets
$77M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SECURITY STB OF WANAMINGO shows some financial weakness with a Health Score of 45/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.

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

SECURITY STB OF WANAMINGO has a Bank Health Score of D (45/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

SECURITY STB OF WANAMINGO holds $90M in total assets and $77M in total deposits. It is located in WANAMINGO, MINNESOTA (FDIC Certificate #18378).

SECURITY STB OF WANAMINGO has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.26%, and the return on assets is 2.12%.

Yes. SECURITY STB OF WANAMINGO is FDIC-insured (Certificate #18378). 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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