The First National Bank Of Milaca is a bank based in Milaca, Minnesota, established in 1897, with $286 million in total assets across 4 branches. By Trust Grade it ranks 52nd of 224 banks we track in Minnesota. Its capital ratio of 10.1% is stronger than 50% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.89% return on assets. No consumer complaints against The First National Bank Of Milaca appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The First National Bank Of Milaca compares to Minnesota peers
How we graded The First National Bank Of Milaca
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.1% capital ratio)
- Strongly profitable (ROA 1.89%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for The First National Bank Of Milaca over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 190 2nd Ave Sw, Milaca, MN 56353
- 10225 115th Street N.E., Gilman, MN 56333
- 26120 3rd St E, Zimmerman, MN 55398
- 310 Main St W, Isle, MN 56342
Are deposits at The First National Bank Of Milaca insured?
Yes. The First National Bank Of Milaca is an FDIC-insured bank (FDIC certificate #5198). 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 Milaca: frequently asked questions
Is The First National Bank Of Milaca a good bank?
The First National Bank Of Milaca 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 1.89%).
Is The First National Bank Of Milaca FDIC-insured?
Yes. The First National Bank Of Milaca is a FDIC-insured bank (FDIC certificate #5198). 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 Milaca?
The First National Bank Of Milaca holds $286 million in total assets, ranking 52nd of 224 banks we track in Minnesota. It operates 4 branches.
Does The First National Bank Of Milaca have CFPB complaints?
No CFPB complaints against The First National Bank Of Milaca 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.
