Premier Bank Minnesota is a bank based in Hastings, Minnesota, established in 1990, with $699 million in total assets across 12 branches. By Trust Grade it ranks 113th of 224 banks we track in Minnesota. Its capital ratio of 9.3% trails most similarly sized banks (34th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 2.00% return on assets. No consumer complaints against Premier Bank Minnesota appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Premier Bank Minnesota compares to Minnesota peers
How we graded Premier Bank Minnesota
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.3% capital ratio)
- Strongly profitable (ROA 2.00%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Premier Bank Minnesota over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (12)
- 11055 61st St Ne, Albertville, MN 55301
- 3750 E Frontage Road Highway 52 Nw, Rochester, MN 55901
- 1706 Greenview Pl Sw, Rochester, MN 55902
- 417 4th St Nw, Faribault, MN 55021
- 142 2nd St W, Northfield, MN 55057
- 209 E Main St, Owatonna, MN 55060
- 500 W 98th St, Bloomington, MN 55420
- 3145 Wellner Dr Ne, Rochester, MN 55906
- 4134 Deegan Ct, Monticello, MN 55362
- 316 Oak St, Farmington, MN 55024
- 421 1st Ave Sw, Rochester, MN 55902
- 101 10th St E, Hastings, MN 55033
Are deposits at Premier Bank Minnesota insured?
Yes. Premier Bank Minnesota is an FDIC-insured bank (FDIC certificate #33204). 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.
Premier Bank Minnesota: frequently asked questions
Is Premier Bank Minnesota a good bank?
Premier Bank Minnesota 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 2.00%).
Is Premier Bank Minnesota FDIC-insured?
Yes. Premier Bank Minnesota is a FDIC-insured bank (FDIC certificate #33204). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Premier Bank Minnesota?
Premier Bank Minnesota holds $699 million in total assets, ranking 113th of 224 banks we track in Minnesota. It operates 12 branches.
Does Premier Bank Minnesota have CFPB complaints?
No CFPB complaints against Premier Bank Minnesota 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.
