State Bank Of Fairmont is a bank based in Fairmont, Minnesota, established in 1917, with $156 million in total assets across 1 branch. By Trust Grade it ranks 116th of 224 banks we track in Minnesota. Its capital ratio of 9.3% trails most similarly sized banks (35th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.83% return on assets. No consumer complaints against State Bank Of Fairmont appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How State Bank Of Fairmont compares to Minnesota peers
How we graded State Bank Of Fairmont
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.3% capital ratio)
- Strongly profitable (ROA 1.83%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for State Bank Of Fairmont over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 918 E Blue Earth Ave, Fairmont, MN 56031
Are deposits at State Bank Of Fairmont insured?
Yes. State Bank Of Fairmont is an FDIC-insured bank (FDIC certificate #8541). 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.
State Bank Of Fairmont: frequently asked questions
Is State Bank Of Fairmont a good bank?
State Bank Of Fairmont earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (9.3% capital ratio); Strongly profitable (ROA 1.83%).
Is State Bank Of Fairmont FDIC-insured?
Yes. State Bank Of Fairmont is a FDIC-insured bank (FDIC certificate #8541). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is State Bank Of Fairmont?
State Bank Of Fairmont holds $156 million in total assets, ranking 116th of 224 banks we track in Minnesota. It operates 1 branch.
Does State Bank Of Fairmont have CFPB complaints?
No CFPB complaints against State Bank Of Fairmont 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.
