Citizens Bank Minnesota is a bank based in New Ulm, Minnesota, established in 1875, with $590 million in total assets across 6 branches. By Trust Grade it ranks 138th of 224 banks we track in Minnesota. Its capital ratio of 9.1% trails most similarly sized banks (32th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 0.80% return on assets. No consumer complaints against Citizens Bank Minnesota appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Citizens Bank Minnesota compares to Minnesota peers
How we graded Citizens Bank Minnesota
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.1% capital ratio)
- Profitable (ROA 0.80%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Citizens Bank Minnesota over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (6)
- 18476 Kenrick Ave, Lakeville, MN 55044
- 105 N Minnesota St, New Ulm, MN 56073
- 170 Meeker Ave N, Watkins, MN 55389
- 102 S Broadway, La Salle, MN 56056
- 701 Main Ave, Lafayette, MN 56054
- 513 Main St, Ormsby, MN 56162
Are deposits at Citizens Bank Minnesota insured?
Yes. Citizens Bank Minnesota is an FDIC-insured bank (FDIC certificate #8200). 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.
Citizens Bank Minnesota: frequently asked questions
Is Citizens Bank Minnesota a good bank?
Citizens Bank Minnesota earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Strongly capitalized (9.1% capital ratio); Profitable (ROA 0.80%).
Is Citizens Bank Minnesota FDIC-insured?
Yes. Citizens Bank Minnesota is a FDIC-insured bank (FDIC certificate #8200). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Citizens Bank Minnesota?
Citizens Bank Minnesota holds $590 million in total assets, ranking 138th of 224 banks we track in Minnesota. It operates 6 branches.
Does Citizens Bank Minnesota have CFPB complaints?
No CFPB complaints against Citizens Bank Minnesota 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.
