State Bank Of New Richland is a bank based in New Richland, Minnesota, established in 1898, with $125 million in total assets across 1 branch. By Trust Grade it ranks 102nd of 224 banks we track in Minnesota. Its capital ratio of 9.5% trails most similarly sized banks (39th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 2.12% return on assets. No consumer complaints against State Bank Of New Richland appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How State Bank Of New Richland compares to Minnesota peers
How we graded State Bank Of New Richland
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.5% capital ratio)
- Strongly profitable (ROA 2.12%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for State Bank Of New Richland over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 103 Broadway Ave N, New Richland, MN 56072
Are deposits at State Bank Of New Richland insured?
Yes. State Bank Of New Richland is an FDIC-insured bank (FDIC certificate #9735). 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.
State Bank Of New Richland: frequently asked questions
Is State Bank Of New Richland a good bank?
State Bank Of New Richland earns a Bankzia Trust Grade of A (96/100, "Excellent"), based on a financial-strength score of 96/100 (it has no CFPB complaints on record). Strongly capitalized (9.5% capital ratio); Strongly profitable (ROA 2.12%).
Is State Bank Of New Richland FDIC-insured?
Yes. State Bank Of New Richland is a FDIC-insured bank (FDIC certificate #9735). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is State Bank Of New Richland?
State Bank Of New Richland holds $125 million in total assets, ranking 102nd of 224 banks we track in Minnesota. It operates 1 branch.
Does State Bank Of New Richland have CFPB complaints?
No CFPB complaints against State Bank Of New Richland 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.
