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Pioneer Bank

Mapleton, MN · Est. 1903 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Pioneer Bank is a bank based in Mapleton, Minnesota, established in 1903, with $885 million in total assets across 6 branches. By Trust Grade it ranks 49th of 224 banks we track in Minnesota. Its capital ratio of 10.1% trails most similarly sized banks (49th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.63% return on assets. No consumer complaints against Pioneer Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$885.0M
$100M–1B institution
Deposits
$765.9M
Branches
6
Capital ratio
10.1%
Bottom 49% of $100M–1B peers · Minnesota median 9.5%
Return on assets
1.6%
Top 26% of $100M–1B peers · Minnesota median 1.24%
Rank in Minnesota
#49
of 224 banks

How Pioneer Bank compares to Minnesota peers

Capital ratio
Bottom 49% of $100M–1B peers
Pioneer Bank
10.1%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 26% of $100M–1B peers
Pioneer Bank
1.6%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded Pioneer Bank

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

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (10.1% capital ratio)
  • Strongly profitable (ROA 1.63%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (6)

  • 1735 Commerce Dr, North Mankato, MN 56003
  • 301 Main St E, Mapleton, MN 56065
  • 220 S 3rd St, Saint Peter, MN 56082
  • 1450 Adams St, Mankato, MN 56001
  • 34 W Main St, Madelia, MN 56062
  • 123 Armstrong Blvd S, St. James, MN 56081

Are deposits at Pioneer Bank insured?

Yes. Pioneer Bank is an FDIC-insured bank (FDIC certificate #5193). 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.

Pioneer Bank: frequently asked questions

Is Pioneer Bank a good bank?

Pioneer Bank 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 (10.1% capital ratio); Strongly profitable (ROA 1.63%).

Is Pioneer Bank FDIC-insured?

Yes. Pioneer Bank is a FDIC-insured bank (FDIC certificate #5193). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Pioneer Bank?

Pioneer Bank holds $885 million in total assets, ranking 49th of 224 banks we track in Minnesota. It operates 6 branches.

Does Pioneer Bank have CFPB complaints?

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

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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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