Mid-Central National Bank is a bank based in Wadena, Minnesota, established in 1957, with $117 million in total assets across 3 branches. By Trust Grade it ranks 112th of 224 banks we track in Minnesota. Its capital ratio of 18.1% is stronger than 95% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 0.63% return on assets. No consumer complaints against Mid-Central National Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Mid-Central National Bank compares to Minnesota peers
How we graded Mid-Central National Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (18.1% capital ratio)
- Profitable (ROA 0.63%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Mid-Central National Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 610 Lake St S, Long Prairie, MN 56347
- 128 2nd Ave Nw, Staples, MN 56479
- 520 Jefferson St S, Wadena, MN 56482
Are deposits at Mid-Central National Bank insured?
Yes. Mid-Central National Bank is an FDIC-insured bank (FDIC certificate #30943). 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.
Mid-Central National Bank: frequently asked questions
Is Mid-Central National Bank a good bank?
Mid-Central National Bank earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (18.1% capital ratio); Profitable (ROA 0.63%).
Is Mid-Central National Bank FDIC-insured?
Yes. Mid-Central National Bank is a FDIC-insured bank (FDIC certificate #30943). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Mid-Central National Bank?
Mid-Central National Bank holds $117 million in total assets, ranking 112th of 224 banks we track in Minnesota. It operates 3 branches.
Does Mid-Central National Bank have CFPB complaints?
No CFPB complaints against Mid-Central National Bank 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.
