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BankSonar

Minnwest Bank

Redwood Falls, MN · State, non-member commercial bank

66

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
$3B
Total deposits
$2.6B
Branches
36
Return on assets
1.25%
Return on equity
11.39%
Charter type
State, non-member commercial bank
Established
1941
FDIC cert #
16958

How the 66 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%

Mid-size institution.

Read the full Sonar Score methodology →

Your deposits at Minnwest Bank

Minnwest Bank is an FDIC-insured institution (Cert #16958). 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 →

36 branch locations

709 Main St

Wilmot, SD 57279

102 Main St

Waldorf, MN 56091

200 Oak St

Danube, MN 56230

300 S Washington St

Redwood Falls, MN 56283

1150 Yankee Doodle Rd

Eagan, MN 55121

112 W Main St

Spring Valley, MN 55975

1404 East State Highway 7

Montevideo, MN 56265

301 Baseline Rd

Marshall, MN 56258

224 W 2nd St

Morton, MN 56270

800 S Kniss Ave

Luverne, MN 56156

300 Broadway Ave

Lake Wilson, MN 56151

200 2nd St Ne

Waseca, MN 56093

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