Farmers State Bank Of Hamel is a bank based in Hamel, Minnesota, established in 1919, with $189 million in total assets across 2 branches. By Trust Grade it ranks 198th of 224 banks we track in Minnesota. Its capital ratio of 6.2% trails most similarly sized banks (4th 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 Farmers State Bank Of Hamel appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Farmers State Bank Of Hamel compares to Minnesota peers
How we graded Farmers State Bank Of Hamel
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (6.2% capital ratio)
- Profitable (ROA 0.99%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Farmers State Bank Of Hamel over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- County Road 116 And County Road 10, Corcoran, MN 55340
- 145 Hamel Rd, Hamel, MN 55340
Are deposits at Farmers State Bank Of Hamel insured?
Yes. Farmers State Bank Of Hamel is an FDIC-insured bank (FDIC certificate #8214). 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.
Farmers State Bank Of Hamel: frequently asked questions
Is Farmers State Bank Of Hamel a good bank?
Farmers State Bank Of Hamel earns a Bankzia Trust Grade of B (84/100, "Strong"), based on a financial-strength score of 84/100 (it has no CFPB complaints on record). Well-capitalized (6.2% capital ratio); Profitable (ROA 0.99%).
Is Farmers State Bank Of Hamel FDIC-insured?
Yes. Farmers State Bank Of Hamel is a FDIC-insured bank (FDIC certificate #8214). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Farmers State Bank Of Hamel?
Farmers State Bank Of Hamel holds $189 million in total assets, ranking 198th of 224 banks we track in Minnesota. It operates 2 branches.
Does Farmers State Bank Of Hamel have CFPB complaints?
No CFPB complaints against Farmers State Bank Of Hamel 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.
