Star Bank is a bank based in Maple Lake, Minnesota, established in 1904, with $457 million in total assets across 11 branches. By Trust Grade it ranks 192nd of 224 banks we track in Minnesota. Its capital ratio of 9.4% trails most similarly sized banks (38th percentile), versus a Minnesota median of 9.5%. It posted a loss over the most recent period (-0.21% return on assets), a point to watch. No consumer complaints against Star Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Star Bank compares to Minnesota peers
How we graded Star Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.4% capital ratio)
- Unprofitable over the period (ROA -0.21%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Star Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (11)
- 1024 Broadway, Wheaton, MN 56296
- 21 Central Ave N, Elbow Lake, MN 56531
- 100 Highway 55 E, Maple Lake, MN 55358
- 101 S Farwell St, Verndale, MN 56481
- 460 Elm Street E, Annandale, MN 55302
- 400 2nd St, Barrett, MN 56311
- 250 Prairie Center Dr, Eden Prairie, MN 55344
- 201 2nd Ave Nw, Bertha, MN 56437
- 135 Main St W, Eagle Bend, MN 56446
- 570 6th St, Hancock, MN 56244
- 228 Studdart Ave, Graceville, MN 56240
Are deposits at Star Bank insured?
Yes. Star Bank is an FDIC-insured bank (FDIC certificate #5095). 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.
Star Bank: frequently asked questions
Is Star Bank a good bank?
Star Bank earns a Bankzia Trust Grade of B (86/100, "Strong"), based on a financial-strength score of 86/100 (it has no CFPB complaints on record). Strongly capitalized (9.4% capital ratio); Unprofitable over the period (ROA -0.21%).
Is Star Bank FDIC-insured?
Yes. Star Bank is a FDIC-insured bank (FDIC certificate #5095). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Star Bank?
Star Bank holds $457 million in total assets, ranking 192nd of 224 banks we track in Minnesota. It operates 11 branches.
Does Star Bank have CFPB complaints?
No CFPB complaints against Star 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.
