Vermillion State Bank is a bank based in Vermillion, Minnesota, established in 1918, with $937 million in total assets across 6 branches. By Trust Grade it ranks 11th of 224 banks we track in Minnesota. Its capital ratio of 12.9% is stronger than 79% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 2.52% return on assets. No consumer complaints against Vermillion State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Vermillion State Bank compares to Minnesota peers
How we graded Vermillion State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.9% capital ratio)
- Strongly profitable (ROA 2.52%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Vermillion State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (6)
- 975 Lyn Way, Hastings, MN 55033
- 255 33rd St W, Hastings, MN 55033
- 15040 Canada Ave W, Rosemount, MN 55068
- 2975 80th St E, Inver Grove Heights, MN 55076
- 14681 240th St E, Hastings, MN 55033
- 107 Main St E, Vermillion, MN 55085
Are deposits at Vermillion State Bank insured?
Yes. Vermillion State Bank is an FDIC-insured bank (FDIC certificate #10214). 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.
Vermillion State Bank: frequently asked questions
Is Vermillion State Bank a good bank?
Vermillion State 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 (12.9% capital ratio); Strongly profitable (ROA 2.52%).
Is Vermillion State Bank FDIC-insured?
Yes. Vermillion State Bank is a FDIC-insured bank (FDIC certificate #10214). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Vermillion State Bank?
Vermillion State Bank holds $937 million in total assets, ranking 11th of 224 banks we track in Minnesota. It operates 6 branches.
Does Vermillion State Bank have CFPB complaints?
No CFPB complaints against Vermillion State 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.
