Elysian Bank
FDIC #10185
📍 Elysian, Minnesota
Elysian Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 09/24/1907. With assets of $64.51 Million, it operates 1 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: August 1, 2019
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
August 1, 2019
Satisfactory
November 1, 2013
Satisfactory
August 1, 2008
Satisfactory
💰 Financial Strength
Total Assets$64.51 Million
Total Deposits$57.02 Million
Equity Capital$7.32 Million
Net Income$748,000
📈 Performance
ROA1.52%
ROE14.21%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established09/24/1907
FDIC Cert10185
Holding CoElysian Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:00 AM - 4:00 PM
Tuesday8:00 AM - 4:00 PM
Wednesday8:00 AM - 4:00 PM
Thursday8:00 AM - 4:00 PM
Friday8:00 AM - 4:00 PM
Saturday8:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
2022
Relocation
Moved HQ to: 121 East Main Street, Elysian, MN 56028.
2006
Name Change
Name became: Changed Institution Name To Elysian Bank.
1995
Relocation
Moved HQ to: 405 Main Street East, Elysian, MN 56028.