Versabank Usa National Association vs First State Bank Minnesota
Comparing a Bank in Holdingford, MN with a Bank in Le Roy, MN using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Versabank Usa National Association ↗ Bank · Holdingford, MN · Est. 1910 | First State Bank Minnesota ↗ Bank · Le Roy, MN · Est. 1893 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Bank | Bank |
| Location | Holdingford, MN | Le Roy, MN |
| Total assets | $782.9M | $105.2M |
| Capital ratio | 23.6% | 11.1% |
| Return on assets | 1.2% | 1.8% |
| Deposits | $557.4M | $92.2M |
| Branches | 1 | 2 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #1 of 224 | #2 of 224 |
| Established | 1910 | 1893 |
Versabank Usa National Association
- Assets: $782.9M
- Deposits: $557.4M
- Capital ratio: 23.6%
- Return on assets: 1.2%
- CFPB complaints: 0
- State rank: #1 of 224
First State Bank Minnesota
- Assets: $105.2M
- Deposits: $92.2M
- Capital ratio: 11.1%
- Return on assets: 1.8%
- CFPB complaints: 0
- State rank: #2 of 224
Are both institutions federally insured?
Yes. Versabank Usa National Association is FDIC-insured and First State Bank Minnesota is FDIC-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Versabank Usa National Association or First State Bank Minnesota?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Versabank Usa National Association scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Versabank Usa National Association safe?
Yes — Versabank Usa National Association is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is First State Bank Minnesota safe?
Yes — First State Bank Minnesota is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of Versabank Usa National Association vs First State Bank Minnesota?
Versabank Usa National Association has a capital ratio of 23.6%, placing it in the top 2% of $100M–1B peers. First State Bank Minnesota's ratio is 11.1%, placing it in the top 36% of $100M–1B peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Versabank Usa National Association have compared to First State Bank Minnesota?
The CFPB database shows 0 complaints against Versabank Usa National Association, and 0 complaints against First State Bank Minnesota. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Versabank Usa National Association with other Banks in Minnesota
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
