Northview Bank
FDIC #10956
📍 Sandstone, Minnesota
Northview Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1908. With assets of $435.18 Million, it operates 12 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: September 1, 2022
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
September 1, 2022
Satisfactory
October 1, 2019
Satisfactory
April 1, 2014
Satisfactory
💰 Financial Strength
Total Assets$435.18 Million
Total Deposits$380.52 Million
Equity Capital$38.36 Million
Net Income$2.75 Million
📈 Performance
ROA0.85%
ROE9.56%
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
Established01/01/1908
FDIC Cert10956
Holding CoFinlayson Bancshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 4:00 PM
Tuesday8:30 AM - 4:00 PM
Wednesday8:30 AM - 4:00 PM
Thursday8:30 AM - 4:00 PM
Friday8:30 AM - 4:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2015
Merger / Acquisition
Acquired: State Bank Of Park Rapids
2015
Relocation
Moved HQ to: 510 Main Street, Sandstone, MN 55072.
2011
Merger / Acquisition
Acquired: First National Bank Of The North
2006
Merger / Acquisition
Acquired: The First National Bank Of Deer River
2004
Name Change
Name became: Changed Institution Name To Northview Bank.