The Wanda State Bank is a bank based in Wanda, Minnesota, established in 1932, with $236 million in total assets across 2 branches. By Trust Grade it ranks 94th of 224 banks we track in Minnesota. Its capital ratio of 11.3% is stronger than 66% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 0.81% return on assets. No consumer complaints against The Wanda State Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Wanda State Bank compares to Minnesota peers
How we graded The Wanda State Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.3% capital ratio)
- Profitable (ROA 0.81%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Wanda State Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 278 2nd Ave E, Franklin, MN 55333
- 121 W Main St, Wanda, MN 56294
Are deposits at The Wanda State Bank insured?
Yes. The Wanda State Bank is an FDIC-insured bank (FDIC certificate #1908). 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.
The Wanda State Bank: frequently asked questions
Is The Wanda State Bank a good bank?
The Wanda State Bank 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 (11.3% capital ratio); Profitable (ROA 0.81%).
Is The Wanda State Bank FDIC-insured?
Yes. The Wanda State Bank is a FDIC-insured bank (FDIC certificate #1908). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Wanda State Bank?
The Wanda State Bank holds $236 million in total assets, ranking 94th of 224 banks we track in Minnesota. It operates 2 branches.
Does The Wanda State Bank have CFPB complaints?
No CFPB complaints against The Wanda State 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.
