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BankSonar

FM Bank

Waseca, MN · State, non-member commercial bank

68

Sonar Score

Stable

out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$702.6M
Total deposits
$626.6M
Branches
6
Return on assets
1.43%
Return on equity
18.21%
Charter type
State, non-member commercial bank
Established
1878
FDIC cert #
10998

How the 68 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Strong returns on its asset base.

Return on equityweight 15%

Efficient use of shareholder capital.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at FM Bank

FM Bank is an FDIC-insured institution (Cert #10998). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

6 branch locations

226 E Lincoln Ave

Fergus Falls, MN 56537

815 E Depue Ave

Olivia, MN 56277

921 Broadway

Wheaton, MN 56296

940 10th Ave

Clarkfield, MN 56223

702 Prentice St

Granite Falls, MN 56241

220 Elm Ave E

Waseca, MN 56093

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