Security State Bank Of Wanamingo is a bank based in Wanamingo, Minnesota, established in 1917, with $113 million in total assets across 1 branch. By Trust Grade it ranks 33rd of 224 banks we track in Minnesota. Its capital ratio of 10.9% is stronger than 62% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 2.38% return on assets. No consumer complaints against Security State Bank Of Wanamingo appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Security State Bank Of Wanamingo compares to Minnesota peers
How we graded Security State Bank Of Wanamingo
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.9% capital ratio)
- Strongly profitable (ROA 2.38%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Security State Bank Of Wanamingo over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 232 Main St, Wanamingo, MN 55983
Are deposits at Security State Bank Of Wanamingo insured?
Yes. Security State Bank Of Wanamingo is an FDIC-insured bank (FDIC certificate #18378). 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.
Security State Bank Of Wanamingo: frequently asked questions
Is Security State Bank Of Wanamingo a good bank?
Security State Bank Of Wanamingo 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 (10.9% capital ratio); Strongly profitable (ROA 2.38%).
Is Security State Bank Of Wanamingo FDIC-insured?
Yes. Security State Bank Of Wanamingo is a FDIC-insured bank (FDIC certificate #18378). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Security State Bank Of Wanamingo?
Security State Bank Of Wanamingo holds $113 million in total assets, ranking 33rd of 224 banks we track in Minnesota. It operates 1 branch.
Does Security State Bank Of Wanamingo have CFPB complaints?
No CFPB complaints against Security State Bank Of Wanamingo 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.
