Minnwest Bank Central, Financial Information

AboutMinnwest Bank Central

 Address:
107 North First Street
Montevideo,MN
Chippewa County,Minnesota
 Established:
Sep 1930
 Number of domestic offices:
4
Agriculture bank
Total assets$316M
Net income$3M
Net income,quarterly$1M
Total deposits$256M
Domestic deposits$256M
Equity capital$31M
ROA1.13%
ROAQ,quarterly1.1%
ROA,pretax1.1%
ROAQ,quarterly,pretax1.76%
ROE11.41%
ROEQ,quarterly11.01%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Since its beginning, Minnwest Bank has been dedicated to community involvement. While Minnwest Bank was officially founded in 1987, some of the branches have over 125 years of helping the people and business owners of southwest Minnesota build their dreams.

Today, Minnwest Corporation continues to be a family-owned banking operation. And, Minnwest Corporation has grown into one of Minnesota's largest bank holding companies with $1.5 billion in assets and 24 offices in 19 communities throughout Minnesota and South Dakota. Minnwest is the 5th largest bank headquartered in the state.

Minnwest Corporation's financial companies include Minnwest Finance, Inc., Minnwest Mortgage Corporation, Minnwest Capital Corporation, Minnwest Insurance Montevideo, Inc., Minnwest Investment & Insurance Center, Inc. and MinnData, Inc.

Redwood Falls (Downtown)
300 South Washington, PO Box 439
Redwood Falls, MN 56283
(507) 637-5731

Redwood Falls (East location)
1275 East Bridge, PO Box 439
Redwood Falls, MN 56283
(507) 637-5343

Belview
113 N. Main Street, PO Box 190
Belview, MN 56214
(507) 938-4121

Danube
200 Oak Street, PO Box 38
Danube, MN 56230
(320) 826-2525

Gibbon
1069 First Avenue, PO Box 67
Gibbon, MN 55335
(507) 834-6577

Marshall
301 Baseline Road, PO Box 1216
Marshall, MN 56258
(507) 532-1000

Morton
224 W 2nd Street
Morton, MN 56270
(507) 697-6116

St. Cloud
3130 Second Street South, PO Box 7429
St. Cloud, MN 56301
(320) 253-6300