Welcome State Bank is a bank based in Welcome, Minnesota, established in 1913, with $44 million in total assets across 1 branch. By Trust Grade it ranks 22nd of 224 banks we track in Minnesota. Its capital ratio of 12.6% is stronger than 56% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 2.94% return on assets. No consumer complaints against Welcome 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 Welcome State Bank compares to Minnesota peers
How we graded Welcome State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.6% capital ratio)
- Strongly profitable (ROA 2.94%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Welcome State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 111 Guide St N, Welcome, MN 56181
Are deposits at Welcome State Bank insured?
Yes. Welcome State Bank is an FDIC-insured bank (FDIC certificate #11417). 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.
Welcome State Bank: frequently asked questions
Is Welcome State Bank a good bank?
Welcome 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 (12.6% capital ratio); Strongly profitable (ROA 2.94%).
Is Welcome State Bank FDIC-insured?
Yes. Welcome State Bank is a FDIC-insured bank (FDIC certificate #11417). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Welcome State Bank?
Welcome State Bank holds $44 million in total assets, ranking 22nd of 224 banks we track in Minnesota. It operates 1 branch.
Does Welcome State Bank have CFPB complaints?
No CFPB complaints against Welcome State 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.
