Bank · FDIC insured
Citizens Independent Bank
A $314.2M bank headquartered in St. Louis Park, MN, with 4 branches in Minnesota. Best rates: CDs 4.00% APY.
Citizens Independent Bank Carrot Score
64
Carrot Score
Higher than 11% of U.S. banks and credit unions
#82 of 97 in Minneapolis, MN-WI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Citizens Independent Bank
Citizens Independent Bank was chartered as Citizens State Bank in 1949 and opened for business in 1950 as the first bank in St. Louis Park.
Connie Bakken purchased the bank in May 1980, and the institution acquired Guaranty State Bank of Robbinsdale in December 1982.
The bank was renamed Citizens Independent Bank in October 1991 and established its current headquarters at 5000 West 36th Street in October 2004.
- Headquarters
- 5000 W 36th St, St. Louis Park, MN 55416
- FDIC certificate
- 16863 ↗
Branches
4 branches in Minnesota
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Minnesota
4 branches
- Citizens Independent BankMain office5000 W 36th St, St. Louis Park, MN 55416Directions
- Hopkins Branch10901 Excelsior Blvd, Hopkins, MN 55343Directions
- Plymouth Branch15600 36th Ave N, Plymouth, MN 55446Directions
- Robbinsdale Main Branch3700 W Broadway Ave, Robbinsdale, MN 55422Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 12.31% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.14% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.53% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $78 | $81 | — |
- CapitalLeverage ratio12.31%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.14%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.53%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$78Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Citizens Independent Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.