Heritage Bank National Association is a bank based in Spicer, Minnesota, established in 1964, with $361 million in total assets across 5 branches. By Trust Grade it ranks 194th of 224 banks we track in Minnesota. Its capital ratio of 10.5% is stronger than 55% of similarly sized banks, versus a Minnesota median of 9.5%. It posted a loss over the most recent period (-0.52% return on assets), a point to watch. No consumer complaints against Heritage Bank National Association appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Heritage Bank National Association compares to Minnesota peers
How we graded Heritage Bank National Association
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.5% capital ratio)
- Unprofitable over the period (ROA -0.52%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Heritage Bank National Association over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (5)
- 202 Cofield St N, Raymond, MN 56282
- 110 W South St, Spicer, MN 56288
- 310 1st St Sw, Willmar, MN 56201
- 140 N Phillips Ave, Sioux Falls, SD 57104
- 242 N 1st St, Pennock, MN 56279
Are deposits at Heritage Bank National Association insured?
Yes. Heritage Bank National Association is an FDIC-insured bank (FDIC certificate #19254). 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.
Heritage Bank National Association: frequently asked questions
Is Heritage Bank National Association a good bank?
Heritage Bank National Association earns a Bankzia Trust Grade of B (85/100, "Strong"), based on a financial-strength score of 85/100 (it has no CFPB complaints on record). Strongly capitalized (10.5% capital ratio); Unprofitable over the period (ROA -0.52%).
Is Heritage Bank National Association FDIC-insured?
Yes. Heritage Bank National Association is a FDIC-insured bank (FDIC certificate #19254). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Heritage Bank National Association?
Heritage Bank National Association holds $361 million in total assets, ranking 194th of 224 banks we track in Minnesota. It operates 5 branches.
Does Heritage Bank National Association have CFPB complaints?
No CFPB complaints against Heritage Bank National Association 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.
