Village Bank
FDIC #33761
📍 Saint Francis, Minnesota
Village Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in January 11, 1993. With assets of $399.52 Million, it operates 4 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: August 1, 2024
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, 2024
Satisfactory
October 1, 2021
Satisfactory
February 1, 2016
Satisfactory
💰 Financial Strength
Total Assets$399.52 Million
Total Deposits$381.07 Million
Equity Capital$15.26 Million
Net Income$1.22 Million
📈 Performance
ROA0.40%
ROE9.36%
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
EstablishedJanuary 11, 1993
FDIC Cert33761
Holding CoVillage Bancshares Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
2014
Relocation
Moved HQ to: 3350 Bridge Street, Saint Francis, MN 55070.