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Security State Bank Of Warroad

Warroad, MN · Est. 1912 · Website ↗
A
Trust Grade
Excellent
Score: 95/100

Security State Bank Of Warroad is a bank based in Warroad, Minnesota, established in 1912, with $143 million in total assets across 2 branches. By Trust Grade it ranks 119th of 224 banks we track in Minnesota. Its capital ratio of 11.7% is stronger than 70% of similarly sized banks, versus a Minnesota median of 9.5%. It was profitable over the most recent period, with a 0.69% return on assets. No consumer complaints against Security State Bank Of Warroad appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$142.9M
$100M–1B institution
Deposits
$125.4M
Branches
2
Capital ratio
11.7%
Top 30% of $100M–1B peers · Minnesota median 9.5%
Return on assets
0.7%
Bottom 21% of $100M–1B peers · Minnesota median 1.24%
Rank in Minnesota
#119
of 224 banks

How Security State Bank Of Warroad compares to Minnesota peers

Capital ratio
Top 30% of $100M–1B peers
Security State
11.7%
Minnesota median
9.5%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 21% of $100M–1B peers
Security State
0.7%
Minnesota median
1.2%
Higher ROA = more profitable relative to asset base

How we graded Security State Bank Of Warroad

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

Financial strength
95/100
Customer experience
n/a
Overall
A · 95
  • Strongly capitalized (11.7% capital ratio)
  • Profitable (ROA 0.69%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Security State Bank Of Warroad over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (2)

  • 505 Lake St Ne, Warroad, MN 56763
  • 502 Lake St Ne, Warroad, MN 56763

Are deposits at Security State Bank Of Warroad insured?

Yes. Security State Bank Of Warroad is an FDIC-insured bank (FDIC certificate #9773). 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.

Security State Bank Of Warroad: frequently asked questions

Is Security State Bank Of Warroad a good bank?

Security State Bank Of Warroad 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 (11.7% capital ratio); Profitable (ROA 0.69%).

Is Security State Bank Of Warroad FDIC-insured?

Yes. Security State Bank Of Warroad is a FDIC-insured bank (FDIC certificate #9773). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Security State Bank Of Warroad?

Security State Bank Of Warroad holds $143 million in total assets, ranking 119th of 224 banks we track in Minnesota. It operates 2 branches.

Does Security State Bank Of Warroad have CFPB complaints?

No CFPB complaints against Security State Bank Of Warroad 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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