First Farmers & Merchants State Bank of Grand Meadow
Grand Meadow, MN · State, non-member commercial bank
Sonar Score
Stable
out of 100 · from public FDIC data
Reported June 30, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.
Key figures
- Total assets
- $93M
- Total deposits
- $83.2M
- Branches
- 3
- Return on assets
- 1.15%
- Return on equity
- 13.20%
- Charter type
- State, non-member commercial bank
- Established
- 1938
- FDIC cert #
- 15621
How the 66 breaks down
Well-capitalized by regulatory thresholds.
Strong returns on its asset base.
Efficient use of shareholder capital.
Community-scale institution.
Your deposits at First Farmers & Merchants State Bank of Grand Meadow
First Farmers & Merchants State Bank of Grand Meadow is an FDIC-insured institution (Cert #15621). 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 →
3 branch locations
19 East Main Street
Racine, MN 55967
111 20th St Ne
Stewartville, MN 55976
105 Main St N
Grand Meadow, MN 55936
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