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The First National Bank Of Fairfax

Fairfax, MN · Est. 1910 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

The First National Bank Of Fairfax is a bank based in Fairfax, Minnesota, established in 1910, with $35 million in total assets across 1 branch. By Trust Grade it ranks 48th of 224 banks we track in Minnesota. Its capital ratio of 38.8% is stronger than 95% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.34% return on assets. No consumer complaints against The First National Bank Of Fairfax appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$34.9M
<$100M institution
Deposits
$21.3M
Branches
1
Capital ratio
38.8%
Top 5% of <$100M peers · Minnesota median 9.5%
Return on assets
1.3%
Top 30% of <$100M peers · Minnesota median 1.24%
Rank in Minnesota
#48
of 224 banks

How The First National Bank Of Fairfax compares to Minnesota peers

Capital ratio
Top 5% of <$100M peers
The First
38.8%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 30% of <$100M peers
The First
1.3%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded The First National Bank Of Fairfax

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (38.8% capital ratio)
  • Strongly profitable (ROA 1.34%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for The First National Bank Of Fairfax over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (1)

  • 16 1st St Se, Fairfax, MN 55332

Are deposits at The First National Bank Of Fairfax insured?

Yes. The First National Bank Of Fairfax is an FDIC-insured bank (FDIC certificate #5142). 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.

The First National Bank Of Fairfax: frequently asked questions

Is The First National Bank Of Fairfax a good bank?

The First National Bank Of Fairfax 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 (38.8% capital ratio); Strongly profitable (ROA 1.34%).

Is The First National Bank Of Fairfax FDIC-insured?

Yes. The First National Bank Of Fairfax is a FDIC-insured bank (FDIC certificate #5142). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is The First National Bank Of Fairfax?

The First National Bank Of Fairfax holds $35 million in total assets, ranking 48th of 224 banks we track in Minnesota. It operates 1 branch.

Does The First National Bank Of Fairfax have CFPB complaints?

No CFPB complaints against The First National Bank Of Fairfax appear in our data over the analysis window, which is typical for a bank of this size.

Similar Banks

The First National Bank Of Proctor
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The First National Bank At St. James
bank · Saint James, MN · $37M assets
Western National Bank
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Farmers State Bank Of Hoffman
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Lake Country Community Bank
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Minnesota First Credit And Savings, Incorporated
bank · Rochester, MN · $30M assets

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.

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