First Security Bank - Canby is a bank based in Canby, Minnesota, established in 1890, with $86 million in total assets across 2 branches. By Trust Grade it ranks 46th of 224 banks we track in Minnesota. Its capital ratio of 13.7% is stronger than 64% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 2.04% return on assets. No consumer complaints against First Security Bank - Canby appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Security Bank - Canby compares to Minnesota peers
How we graded First Security Bank - Canby
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.7% capital ratio)
- Strongly profitable (ROA 2.04%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Security Bank - Canby over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 102 Saint Olaf Ave N, Canby, MN 56220
- 107 Center St N, Lake Benton, MN 56149
Are deposits at First Security Bank - Canby insured?
Yes. First Security Bank - Canby is an FDIC-insured bank (FDIC certificate #5107). 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.
First Security Bank - Canby: frequently asked questions
Is First Security Bank - Canby a good bank?
First Security Bank - Canby 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 (13.7% capital ratio); Strongly profitable (ROA 2.04%).
Is First Security Bank - Canby FDIC-insured?
Yes. First Security Bank - Canby is a FDIC-insured bank (FDIC certificate #5107). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Security Bank - Canby?
First Security Bank - Canby holds $86 million in total assets, ranking 46th of 224 banks we track in Minnesota. It operates 2 branches.
Does First Security Bank - Canby have CFPB complaints?
No CFPB complaints against First Security Bank - Canby 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.
