The State Bank Of Faribault is a bank based in Faribault, Minnesota, established in 1919, with $323 million in total assets across 3 branches. By Trust Grade it ranks 186th of 224 banks we track in Minnesota. Its capital ratio of 7.0% trails most similarly sized banks (7th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.16% return on assets. No consumer complaints against The State Bank Of Faribault appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The State Bank Of Faribault compares to Minnesota peers
How we graded The State Bank Of Faribault
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.0% capital ratio)
- Strongly profitable (ROA 1.16%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The State Bank Of Faribault over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 428 Central Ave N, Faribault, MN 55021
- 202 Western Ave Nw, Faribault, MN 55021
- 6867 Boudin St Ne, Prior Lake, MN 55372
Are deposits at The State Bank Of Faribault insured?
Yes. The State Bank Of Faribault is an FDIC-insured bank (FDIC certificate #1610). 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 State Bank Of Faribault: frequently asked questions
Is The State Bank Of Faribault a good bank?
The State Bank Of Faribault earns a Bankzia Trust Grade of B (87/100, "Strong"), based on a financial-strength score of 87/100 (it has no CFPB complaints on record). Well-capitalized (7.0% capital ratio); Strongly profitable (ROA 1.16%).
Is The State Bank Of Faribault FDIC-insured?
Yes. The State Bank Of Faribault is a FDIC-insured bank (FDIC certificate #1610). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The State Bank Of Faribault?
The State Bank Of Faribault holds $323 million in total assets, ranking 186th of 224 banks we track in Minnesota. It operates 3 branches.
Does The State Bank Of Faribault have CFPB complaints?
No CFPB complaints against The State Bank Of Faribault 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.
