Bank · FDIC insured
Heritage Bank NA
A $361.1M bank headquartered in Spicer, MN, with 5 branches in 2 states. Best rates: savings 0.51% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: only special-purpose accounts (IRA, youth) are published. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- CDs—3.75%CD rates →
- Savings811.53%at $100,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Heritage Bank NA
Heritage Bank NA is an employee-owned bank with locations in Minnesota and South Dakota.
The bank specializes in personal, business, and agriculture banking, including business and ag lending.
- Headquarters
- 110 W South St, Spicer, MN 56288
- FDIC certificate
- 19254 ↗
Branches
5 branches in 2 states
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Minnesota
4 branches
- Heritage Bank National AssociationMain office110 W South St, Spicer, MN 56288Directions
- Pennock Branch242 N 1st St, Pennock, MN 56279Directions
- Raymond Branch202 Cofield St N, Raymond, MN 56282Directions
- Willmar Branch310 1st St Sw, Willmar, MN 56201Directions
South Dakota
1 branch
- Sioux Falls Branch140 N Phillips Ave, Sioux Falls, SD 57104Directions
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 | 10.81% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 3.84% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | -0.02% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $108 | $81 | — |
- CapitalLeverage ratio10.81%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent3.84%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets-0.02%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$108Peers’ 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 Heritage Bank NA are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.