Root River State Bank is a bank based in Chatfield, Minnesota, established in 1856, with $88 million in total assets across 1 branch. By Trust Grade it ranks 212th of 224 banks we track in Minnesota. Its capital ratio of 7.0% trails most similarly sized banks (5th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 0.00% return on assets. No consumer complaints against Root River 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 Root River State Bank compares to Minnesota peers
How we graded Root River State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.0% capital ratio)
- Profitable (ROA 0.00%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Root River State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 18 3rd St Se, Chatfield, MN 55923
Are deposits at Root River State Bank insured?
Yes. Root River State Bank is an FDIC-insured bank (FDIC certificate #1098). 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.
Root River State Bank: frequently asked questions
Is Root River State Bank a good bank?
Root River State Bank earns a Bankzia Trust Grade of C (79/100, "Average"), based on a financial-strength score of 79/100 (it has no CFPB complaints on record). Well-capitalized (7.0% capital ratio); Profitable (ROA 0.00%).
Is Root River State Bank FDIC-insured?
Yes. Root River State Bank is a FDIC-insured bank (FDIC certificate #1098). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Root River State Bank?
Root River State Bank holds $88 million in total assets, ranking 212th of 224 banks we track in Minnesota. It operates 1 branch.
Does Root River State Bank have CFPB complaints?
No CFPB complaints against Root River 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.
