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Center National Bank

Litchfield, MN · Est. 1891 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Center National Bank is a bank based in Litchfield, Minnesota, established in 1891, with $233 million in total assets across 3 branches. By Trust Grade it ranks 17th of 224 banks we track in Minnesota. Its capital ratio of 10.2% is stronger than 50% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.32% return on assets. No consumer complaints against Center National Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$232.6M
$100M–1B institution
Deposits
$205.8M
Branches
3
Capital ratio
10.2%
Top 50% of $100M–1B peers · Minnesota median 9.5%
Return on assets
1.3%
Top 43% of $100M–1B peers · Minnesota median 1.24%
Rank in Minnesota
#17
of 224 banks

How Center National Bank compares to Minnesota peers

Capital ratio
Top 50% of $100M–1B peers
Center National
10.2%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 43% of $100M–1B peers
Center National
1.3%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded Center National Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (10.2% capital ratio)
  • Strongly profitable (ROA 1.32%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Center National Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (3)

  • 15705 37th Ave N, Plymouth, MN 55446
  • 120 Pioneer Trl, Chaska, MN 55318
  • 301 N Ramsey Ave, Litchfield, MN 55355

Are deposits at Center National Bank insured?

Yes. Center National Bank is an FDIC-insured bank (FDIC certificate #10976). 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.

Center National Bank: frequently asked questions

Is Center National Bank a good bank?

Center National Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.2% capital ratio); Strongly profitable (ROA 1.32%).

Is Center National Bank FDIC-insured?

Yes. Center National Bank is a FDIC-insured bank (FDIC certificate #10976). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Center National Bank?

Center National Bank holds $233 million in total assets, ranking 17th of 224 banks we track in Minnesota. It operates 3 branches.

Does Center National Bank have CFPB complaints?

No CFPB complaints against Center National Bank appear in our data over the analysis window, which is typical for a bank of this size.

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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.

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