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About Minnwest Bank:
Minnwest Bank, the 413th largest bank in the U.S., is headquartered in Redwood Falls, MN. Minnwest Bank is the 4th largest bank in MN.
- As of 3/31/2009, Minnwest Bank has 8 branches and 292 full-time employees.
- The current holding company of Minnwest Bank, established on 5/19/1941 is MINNWEST CORPORATION.
- Minnwest Bank has a net operating income of $3 Million and total assets in the amount of $1.6 Billion.
- Minnwest Bank is one of thousands of banks in the U.S. - and if you're looking for the best CD Rates or High-Yield Savings accounts, having several banks bid against each other is one of the most efficient ways to get great rates. Run a free, live auction: Compare Minnwest Bank to MoneyAisle's CD rates. The entire process only takes a couple of minutes.
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Minnwest Bank - Fast Facts
- Bank Legal Name: Minnwest Bank, M.V.
- FDIC #: 16958
- Headquarters: Redwood Falls, MN
- Date Established: May 19, 1941
MINNWEST CORPORATION - Financials
MINNWEST CORPORATION is the holding company for Minnwest Bank
(FDIC #16958). Financials below apply to MINNWEST CORPORATION
holding company.
|
Q4-08 |
Q1-09 |
Change |
| Rank in US by Asset Size |
392 |
413 |
21 |
| Total Assets |
$1,673 M |
$1,625 M |
$48 M |
| Cash & Balances Due from Depository Institution |
$38 M |
$23 M |
$16 M |
| Total Deposits |
$1,362 M |
$1,320 M |
$43 M |
| Total Liabilities |
$1,527 M |
$1,478 M |
$49 M |
| Net Operating Income |
$7 M |
$3 M |
$5 M |
| Net Interest Income |
$53 M |
$14 M |
$39 M |
| Branches |
8 |
8 |
0 |
| Employees |
297 |
292 |
5 |
Data from FDIC as of 12/31/2008 and 3/31/2009