Farmers And Merchants State Bank Of Alpha is a bank based in Alpha, Minnesota, established in 1911, with $48 million in total assets across 1 branch. By Trust Grade it ranks 121st of 224 banks we track in Minnesota. Its capital ratio of 10.7% trails most similarly sized banks (36th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 0.53% return on assets. No consumer complaints against Farmers And Merchants State Bank Of Alpha appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Farmers And Merchants State Bank Of Alpha compares to Minnesota peers
How we graded Farmers And Merchants State Bank Of Alpha
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.7% capital ratio)
- Profitable (ROA 0.53%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Farmers And Merchants State Bank Of Alpha over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 210 Main St N, Alpha, MN 56111
Are deposits at Farmers And Merchants State Bank Of Alpha insured?
Yes. Farmers And Merchants State Bank Of Alpha is an FDIC-insured bank (FDIC certificate #10571). 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.
Farmers And Merchants State Bank Of Alpha: frequently asked questions
Is Farmers And Merchants State Bank Of Alpha a good bank?
Farmers And Merchants State Bank Of Alpha earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (10.7% capital ratio); Profitable (ROA 0.53%).
Is Farmers And Merchants State Bank Of Alpha FDIC-insured?
Yes. Farmers And Merchants State Bank Of Alpha is a FDIC-insured bank (FDIC certificate #10571). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Farmers And Merchants State Bank Of Alpha?
Farmers And Merchants State Bank Of Alpha holds $48 million in total assets, ranking 121st of 224 banks we track in Minnesota. It operates 1 branch.
Does Farmers And Merchants State Bank Of Alpha have CFPB complaints?
No CFPB complaints against Farmers And Merchants State Bank Of Alpha 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.
