The First State Bank of Red Wing
Red Wing, MN · State, non-member commercial bank
Sonar Score
Caution
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.
Key figures
- Total assets
- $84.9M
- Total deposits
- $82M
- Branches
- 3
- Return on assets
- -0.07%
- Return on equity
- -2.00%
- Charter type
- State, non-member commercial bank
- Established
- 1915
- FDIC cert #
- 8191
How the 29 breaks down
Capital ratio not reported.
Operating at a loss in the latest period.
Negative returns on equity this period.
Community-scale institution.
Your deposits at The First State Bank of Red Wing
The First State Bank of Red Wing is an FDIC-insured institution (Cert #8191). 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
115 1st St Ne
Medford, MN 55049
3209 S Service Dr
Red Wing, MN 55066
First Street And State Highway 60
Mazeppa, MN 55956
Sponsored · we may earn a commission
Earning enough on your savings?
Many big-bank savings accounts pay near 0%. Compare today's top high-yield savings and CD rates from FDIC-insured banks before you decide where to keep your cash.
Compare savings rates