Concorde Bank is a bank based in Blomkest, Minnesota, established in 1910, with $90 million in total assets across 2 branches. By Trust Grade it ranks 127th of 224 banks we track in Minnesota. Its capital ratio of 9.6% trails most similarly sized banks (24th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 0.78% return on assets. No consumer complaints against Concorde Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Concorde Bank compares to Minnesota peers
How we graded Concorde Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.6% capital ratio)
- Profitable (ROA 0.78%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Concorde Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 1102 1st St S, Willmar, MN 56201
- 16 Sw Main Street, Blomkest, MN 56216
Are deposits at Concorde Bank insured?
Yes. Concorde Bank is an FDIC-insured bank (FDIC certificate #9727). 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.
Concorde Bank: frequently asked questions
Is Concorde Bank a good bank?
Concorde Bank 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 (9.6% capital ratio); Profitable (ROA 0.78%).
Is Concorde Bank FDIC-insured?
Yes. Concorde Bank is a FDIC-insured bank (FDIC certificate #9727). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Concorde Bank?
Concorde Bank holds $90 million in total assets, ranking 127th of 224 banks we track in Minnesota. It operates 2 branches.
Does Concorde Bank have CFPB complaints?
No CFPB complaints against Concorde 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.
