Minnwest Bank is a bank based in Redwood Falls, Minnesota, established in 1941, with $3.0 billion in total assets across 36 branches. By Trust Grade it ranks 32nd of 224 banks we track in Minnesota. Its capital ratio of 11.1% is stronger than 64% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.25% return on assets. No consumer complaints against Minnwest Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Minnwest Bank compares to Minnesota peers
How we graded Minnwest Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.1% capital ratio)
- Strongly profitable (ROA 1.25%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Minnwest Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (36)
- 709 Main St, Wilmot, SD 57279
- 102 Main St, Waldorf, MN 56091
- 200 Oak St, Danube, MN 56230
- 300 S Washington St, Redwood Falls, MN 56283
- 1150 Yankee Doodle Rd, Eagan, MN 55121
- 112 W Main St, Spring Valley, MN 55975
- 1404 East State Highway 7, Montevideo, MN 56265
- 301 Baseline Rd, Marshall, MN 56258
- 224 W 2nd St, Morton, MN 56270
- 800 S Kniss Ave, Luverne, MN 56156
- 300 Broadway Ave, Lake Wilson, MN 56151
- 200 2nd St Ne, Waseca, MN 56093
- 224 Main Street, Florence, SD 57235
- 3130 2nd St S, Saint Cloud, MN 56301
- 607 Cornell Ave, Big Stone City, SD 57216
- 14820 Highway 7, Minnetonka, MN 55345
- 3380 Vermillion River Trl, Farmington, MN 55024
- 5324 E Arrowhead Pkwy, Sioux Falls, SD 57110
- 116 E Main St, Luverne, MN 56156
- 2565 King Ave, Slayton, MN 56172
- 1100 1st St Ne, New Prague, MN 56071
- 113 N Main St, Belview, MN 56214
- 21 2nd St Se, Ortonville, MN 56278
- 1275 E Bridge St, Redwood Falls, MN 56283
- 107 N 1st St, Montevideo, MN 56265
- 14820 Highway 7, Minnetonka, MN 55345
- 33 4th St Sw Ste 100, Rochester, MN 55902
- 401 Maple St, Summit, SD 57266
- 225 E Main St, Lewiston, MN 55952
- 2575 Commerce Drive N.W., Rochester, MN 55901
- 276 Center St E, Hammond, MN 55991
- 102 Gold St S, Wykoff, MN 55990
- 5001 S Louise Ave, Sioux Falls, SD 57108
- 1069 1st Ave, Gibbon, MN 55335
- 250 3rd St, Tracy, MN 56175
- 579 Pine St, Dawson, MN 56232
Are deposits at Minnwest Bank insured?
Yes. Minnwest Bank is an FDIC-insured bank (FDIC certificate #16958). 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.
Minnwest Bank: frequently asked questions
Is Minnwest Bank a good bank?
Minnwest 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 (11.1% capital ratio); Strongly profitable (ROA 1.25%).
Is Minnwest Bank FDIC-insured?
Yes. Minnwest Bank is a FDIC-insured bank (FDIC certificate #16958). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Minnwest Bank?
Minnwest Bank holds $3.0 billion in total assets, ranking 32nd of 224 banks we track in Minnesota. It operates 36 branches.
Does Minnwest Bank have CFPB complaints?
No CFPB complaints against Minnwest 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.
