Farmers State Bank Of Underwood is a bank based in Underwood, Minnesota, established in 1915, with $112 million in total assets across 4 branches. By Trust Grade it ranks 158th of 224 banks we track in Minnesota. Its capital ratio of 7.8% trails most similarly sized banks (13th percentile), versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 1.67% return on assets. No consumer complaints against Farmers State Bank Of Underwood appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Farmers State Bank Of Underwood compares to Minnesota peers
How we graded Farmers State Bank Of Underwood
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.8% capital ratio)
- Strongly profitable (ROA 1.67%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Farmers State Bank Of Underwood over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 105 W Main St, Dalton, MN 56324
- 451 Center St N, Rothsay, MN 56579
- 1114 N Union Ave, Fergus Falls, MN 56537
- 110 Main St S, Underwood, MN 56586
Are deposits at Farmers State Bank Of Underwood insured?
Yes. Farmers State Bank Of Underwood is an FDIC-insured bank (FDIC certificate #10174). 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.
Farmers State Bank Of Underwood: frequently asked questions
Is Farmers State Bank Of Underwood a good bank?
Farmers State Bank Of Underwood earns a Bankzia Trust Grade of A (90/100, "Excellent"), based on a financial-strength score of 90/100 (it has no CFPB complaints on record). Well-capitalized (7.8% capital ratio); Strongly profitable (ROA 1.67%).
Is Farmers State Bank Of Underwood FDIC-insured?
Yes. Farmers State Bank Of Underwood is a FDIC-insured bank (FDIC certificate #10174). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Farmers State Bank Of Underwood?
Farmers State Bank Of Underwood holds $112 million in total assets, ranking 158th of 224 banks we track in Minnesota. It operates 4 branches.
Does Farmers State Bank Of Underwood have CFPB complaints?
No CFPB complaints against Farmers State Bank Of Underwood 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.
