American State Bank Of Grygla is a bank based in Grygla, Minnesota, established in 1976, with $81 million in total assets across 2 branches. By Trust Grade it ranks 135th of 224 banks we track in Minnesota. Its capital ratio of 8.5% trails most similarly sized banks (14th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.12% return on assets. No consumer complaints against American State Bank Of Grygla appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How American State Bank Of Grygla compares to Minnesota peers
How we graded American State Bank Of Grygla
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.5% capital ratio)
- Strongly profitable (ROA 1.12%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for American State Bank Of Grygla over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 102 S Main Ave, Grygla, MN 56727
- 201 Vance Ave S, Erskine, MN 56535
Are deposits at American State Bank Of Grygla insured?
Yes. American State Bank Of Grygla is an FDIC-insured bank (FDIC certificate #22263). 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.
American State Bank Of Grygla: frequently asked questions
Is American State Bank Of Grygla a good bank?
American State Bank Of Grygla earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Well-capitalized (8.5% capital ratio); Strongly profitable (ROA 1.12%).
Is American State Bank Of Grygla FDIC-insured?
Yes. American State Bank Of Grygla is a FDIC-insured bank (FDIC certificate #22263). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is American State Bank Of Grygla?
American State Bank Of Grygla holds $81 million in total assets, ranking 135th of 224 banks we track in Minnesota. It operates 2 branches.
Does American State Bank Of Grygla have CFPB complaints?
No CFPB complaints against American State Bank Of Grygla 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.
