Perennial Bank is a bank based in Darwin, Minnesota, established in 1914, with $156 million in total assets across 4 branches. By Trust Grade it ranks 164th of 224 banks we track in Minnesota. Its capital ratio of 7.8% trails most similarly sized banks (13th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 0.99% return on assets. No consumer complaints against Perennial Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Perennial Bank compares to Minnesota peers
How we graded Perennial Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.8% capital ratio)
- Profitable (ROA 0.99%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Perennial Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 125 E James St, Paynesville, MN 56362
- 780 Parker Ave W, Dassel, MN 55325
- 318 N 1st St, Darwin, MN 55324
- 102 E 2nd St, Winthrop, MN 55396
Are deposits at Perennial Bank insured?
Yes. Perennial Bank is an FDIC-insured bank (FDIC certificate #1413). 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.
Perennial Bank: frequently asked questions
Is Perennial Bank a good bank?
Perennial Bank earns a Bankzia Trust Grade of A (90/100, "Excellent"), based on a financial-strength score of 90/100 (it has no CFPB complaints on record). Well-capitalized (7.8% capital ratio); Profitable (ROA 0.99%).
Is Perennial Bank FDIC-insured?
Yes. Perennial Bank is a FDIC-insured bank (FDIC certificate #1413). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Perennial Bank?
Perennial Bank holds $156 million in total assets, ranking 164th of 224 banks we track in Minnesota. It operates 4 branches.
Does Perennial Bank have CFPB complaints?
No CFPB complaints against Perennial 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.
