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Northeast Bank

Minneapolis, MN · Est. 1948 · Website ↗
A
Trust Grade
Excellent
Score: 91/100

Northeast Bank is a bank based in Minneapolis, Minnesota, established in 1948, with $838 million in total assets across 3 branches. By Trust Grade it ranks 155th of 224 banks we track in Minnesota. Its capital ratio of 8.0% trails most similarly sized banks (15th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.48% return on assets. No consumer complaints against Northeast 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
$838.4M
$100M–1B institution
Deposits
$765.2M
Branches
3
Capital ratio
8.0%
Bottom 15% of $100M–1B peers · Minnesota median 9.5%
Return on assets
1.5%
Top 34% of $100M–1B peers · Minnesota median 1.24%
Rank in Minnesota
#155
of 224 banks

How Northeast Bank compares to Minnesota peers

Capital ratio
Bottom 15% of $100M–1B peers
Northeast Bank
8.0%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 34% of $100M–1B peers
Northeast Bank
1.5%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded Northeast Bank

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

Financial strength
91/100
Customer experience
n/a
Overall
A · 91
  • Well-capitalized (8.0% capital ratio)
  • Strongly profitable (ROA 1.48%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (3)

  • 77 Broadway St Ne, Minneapolis, MN 55413
  • 1135 Silver Lake Rd Nw, New Brighton, MN 55112
  • 200 Coon Rapids Blvd Nw, Coon Rapids, MN 55433

Are deposits at Northeast Bank insured?

Yes. Northeast Bank is an FDIC-insured bank (FDIC certificate #16659). 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.

Northeast Bank: frequently asked questions

Is Northeast Bank a good bank?

Northeast Bank earns a Bankzia Trust Grade of A (91/100, "Excellent"), based on a financial-strength score of 91/100 (it has no CFPB complaints on record). Well-capitalized (8.0% capital ratio); Strongly profitable (ROA 1.48%).

Is Northeast Bank FDIC-insured?

Yes. Northeast Bank is a FDIC-insured bank (FDIC certificate #16659). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Northeast Bank?

Northeast Bank holds $838 million in total assets, ranking 155th of 224 banks we track in Minnesota. It operates 3 branches.

Does Northeast Bank have CFPB complaints?

No CFPB complaints against Northeast 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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