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First Security Bank - Sleepy Eye

Sleepy Eye, MN · Est. 1882 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

First Security Bank - Sleepy Eye is a bank based in Sleepy Eye, Minnesota, established in 1882, with $189 million in total assets across 5 branches. By Trust Grade it ranks 58th of 224 banks we track in Minnesota. Its capital ratio of 14.5% is stronger than 88% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.41% return on assets. No consumer complaints against First Security Bank - Sleepy Eye appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$189.1M
$100M–1B institution
Deposits
$160.9M
Branches
5
Capital ratio
14.5%
Top 12% of $100M–1B peers · Minnesota median 9.5%
Return on assets
1.4%
Top 37% of $100M–1B peers · Minnesota median 1.24%
Rank in Minnesota
#58
of 224 banks

How First Security Bank - Sleepy Eye compares to Minnesota peers

Capital ratio
Top 12% of $100M–1B peers
First Security
14.5%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Top 37% of $100M–1B peers
First Security
1.4%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded First Security Bank - Sleepy Eye

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

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (14.5% capital ratio)
  • Strongly profitable (ROA 1.41%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (5)

  • 215 13th St S, Benson, MN 56215
  • 321 America St, Storden, MN 56174
  • 110 S Main St, Lamberton, MN 56152
  • 100 Main St E, Sleepy Eye, MN 56085
  • 106 5th St Se, Renville, MN 56284

Are deposits at First Security Bank - Sleepy Eye insured?

Yes. First Security Bank - Sleepy Eye is an FDIC-insured bank (FDIC certificate #5252). 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.

First Security Bank - Sleepy Eye: frequently asked questions

Is First Security Bank - Sleepy Eye a good bank?

First Security Bank - Sleepy Eye 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 (14.5% capital ratio); Strongly profitable (ROA 1.41%).

Is First Security Bank - Sleepy Eye FDIC-insured?

Yes. First Security Bank - Sleepy Eye is a FDIC-insured bank (FDIC certificate #5252). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is First Security Bank - Sleepy Eye?

First Security Bank - Sleepy Eye holds $189 million in total assets, ranking 58th of 224 banks we track in Minnesota. It operates 5 branches.

Does First Security Bank - Sleepy Eye have CFPB complaints?

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

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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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