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Ameriprise Bank, Fsb

Minneapolis, MN · Est. 2006 · Website ↗
B
Trust Grade
Strong
Score: 83/100

Ameriprise Bank, Fsb is a bank based in Minneapolis, Minnesota, established in 2006, with $25.5 billion in total assets across 2 branches. By Trust Grade it ranks 205th of 224 banks we track in Minnesota. Its capital ratio of 5.9% trails most similarly sized banks (3th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 3.06% return on assets. Consumers filed 5 complaints about AMERIPRISE BANK, FSB with the CFPB — 0.2 per $1B in assets, a lower rate than 90% of peers.

Total assets
$25.5B
$10B–100B institution
Deposits
$23.8B
Branches
2
Capital ratio
5.9%
Bottom 3% of $10B–100B peers · Minnesota median 9.5%
Return on assets
3.1%
Top 2% of $10B–100B peers · Minnesota median 1.24%
Rank in Minnesota
#205
of 224 banks

How Ameriprise Bank, Fsb compares to Minnesota peers

Capital ratio
Bottom 3% of $10B–100B peers
Ameriprise Bank,
5.9%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 2% of $10B–100B peers
Ameriprise Bank,
3.1%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded Ameriprise Bank, Fsb

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

Financial strength
83/100
Customer experience
89.78/100
Overall
B · 83
  • Well-capitalized (5.9% capital ratio)
  • Strongly profitable (ROA 3.06%)
  • 0.2 complaints per $1B in assets

Consumer complaints (CFPB)

5 complaints filed with the CFPB against AMERIPRISE BANK, FSB — 0.2 per $1B in assets.

Total complaints
5
Per $1B assets
0.2
Lower = better

Branch locations (2)

  • 901 3rd Avenue South, Minneapolis, MN 55402
  • 901 3rd Ave S, Minneapolis, MN 55402

Are deposits at Ameriprise Bank, Fsb insured?

Yes. Ameriprise Bank, Fsb is an FDIC-insured bank (FDIC certificate #58303). 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.

Ameriprise Bank, Fsb: frequently asked questions

Is Ameriprise Bank, Fsb a good bank?

Ameriprise Bank, Fsb earns a Bankzia Trust Grade of B (83/100, "Strong"), based on a financial-strength score of 83/100 and a customer-experience score of 89.78/100. Well-capitalized (5.9% capital ratio); Strongly profitable (ROA 3.06%).

Is Ameriprise Bank, Fsb FDIC-insured?

Yes. Ameriprise Bank, Fsb is a FDIC-insured bank (FDIC certificate #58303). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Ameriprise Bank, Fsb?

Ameriprise Bank, Fsb holds $25.5 billion in total assets, ranking 205th of 224 banks we track in Minnesota. It operates 2 branches.

How many complaints does Ameriprise Bank, Fsb have?

Consumers filed 5 complaints about AMERIPRISE BANK, FSB with the CFPB, or 0.2 per $1B in assets.

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Minnwest Bank
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Merchants Bank, National Association
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Tradition Capital Bank
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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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