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Premier Bank

Maplewood, MN · Est. 1974 · Website ↗
A
Trust Grade
Excellent
Score: 97/100

Premier Bank is a bank based in Maplewood, Minnesota, established in 1974, with $1.2 billion in total assets across 8 branches. By Trust Grade it ranks 80th of 224 banks we track in Minnesota. Its capital ratio of 9.9% trails most similarly sized banks (41th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.98% return on assets. No consumer complaints against Premier 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
$1.2B
$1B–10B institution
Deposits
$1.0B
Branches
8
Capital ratio
9.9%
Bottom 41% of $1B–10B peers · Minnesota median 9.5%
Return on assets
2.0%
Top 11% of $1B–10B peers · Minnesota median 1.24%
Rank in Minnesota
#80
of 224 banks

How Premier Bank compares to Minnesota peers

Capital ratio
Bottom 41% of $1B–10B peers
Premier Bank
9.9%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 11% of $1B–10B peers
Premier Bank
2.0%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded Premier Bank

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

Financial strength
97/100
Customer experience
n/a
Overall
A · 97
  • Strongly capitalized (9.9% capital ratio)
  • Strongly profitable (ROA 1.98%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (8)

  • 2866 White Bear Ave N, Maplewood, MN 55109
  • 301 Central Ave, Osseo, MN 55369
  • 2151 3rd St, White Bear Lake, MN 55110
  • 1875 Highway 36 W, Roseville, MN 55113
  • 14773 Flay Avenue North, Hugo, MN 55038
  • 2345 124th Ct Ne, Blaine, MN 55449
  • 1777 Bunker Lake Blvd Nw, Andover, MN 55304
  • 7475 Tamarack Rd, Woodbury, MN 55125

Are deposits at Premier Bank insured?

Yes. Premier Bank is an FDIC-insured bank (FDIC certificate #21714). 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.

Premier Bank: frequently asked questions

Is Premier Bank a good bank?

Premier Bank earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (9.9% capital ratio); Strongly profitable (ROA 1.98%).

Is Premier Bank FDIC-insured?

Yes. Premier Bank is a FDIC-insured bank (FDIC certificate #21714). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Premier Bank?

Premier Bank holds $1.2 billion in total assets, ranking 80th of 224 banks we track in Minnesota. It operates 8 branches.

Does Premier Bank have CFPB complaints?

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

Similar Banks

Security Bank & Trust Company
bank · Glencoe, MN · $1.3B assets
United Bankers' Bank
bank · Richfield, MN · $1.0B assets
Midcountry Bank
bank · Minneapolis, MN · $1.0B assets · 1 complaints
The First National Bank Of Bemidji
bank · Bemidji, MN · $1.0B assets
United Prairie Bank
bank · Mountain Lake, MN · $975M assets
Vermillion State Bank
bank · Vermillion, MN · $937M 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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