Sherburne State Bank is a bank based in Becker, Minnesota, established in 1920, with $343 million in total assets across 4 branches. By Trust Grade it ranks 142nd of 224 banks we track in Minnesota. Its capital ratio of 8.4% trails most similarly sized banks (19th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.97% return on assets. No consumer complaints against Sherburne State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Sherburne State Bank compares to Minnesota peers
How we graded Sherburne State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.4% capital ratio)
- Strongly profitable (ROA 1.97%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Sherburne State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 136 N Rum River Dr, Princeton, MN 55371
- 1200 Highway 25 S, Monticello, MN 55362
- 12500 Sherburne Avenue, Becker, MN 55308
- 12392 Pleasant Ave, Becker, MN 55308
Are deposits at Sherburne State Bank insured?
Yes. Sherburne State Bank is an FDIC-insured bank (FDIC certificate #10169). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Sherburne State Bank: frequently asked questions
Is Sherburne State Bank a good bank?
Sherburne State Bank earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Well-capitalized (8.4% capital ratio); Strongly profitable (ROA 1.97%).
Is Sherburne State Bank FDIC-insured?
Yes. Sherburne State Bank is a FDIC-insured bank (FDIC certificate #10169). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Sherburne State Bank?
Sherburne State Bank holds $343 million in total assets, ranking 142nd of 224 banks we track in Minnesota. It operates 4 branches.
Does Sherburne State Bank have CFPB complaints?
No CFPB complaints against Sherburne State Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.