Eagle Bank
FDIC #8824
📍 Glenwood, Minnesota
Eagle Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/04/1908. With assets of $220.70 Million, it operates 5 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: April 1, 2021
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
April 1, 2021
Satisfactory
April 1, 2015
Satisfactory
November 1, 2009
Satisfactory
💰 Financial Strength
Total Assets$220.70 Million
Total Deposits$188.93 Million
Equity Capital$20.73 Million
Net Income$2.29 Million
📈 Performance
ROA1.39%
ROE14.99%
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
Established01/04/1908
FDIC Cert8824
Holding CoEagle Investment Co Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday7:30 AM - 5:30 PM
Tuesday7:30 AM - 5:30 PM
Wednesday7:30 AM - 5:30 PM
Thursday7:30 AM - 5:30 PM
Friday7:30 AM - 6:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
1999
Name Change
Name became: Changed Institution Name To Eagle Bank.
1995
Merger / Acquisition
Acquired: Bank Of Elbow Lake
1995
Merger / Acquisition
Acquired: State Bank Of Wendell
1995
Relocation
Moved HQ to: 2 South Franklin Street, Glenwood, MN 56334.