Bank · FDIC insured
Highland Bank
A $775.9M bank headquartered in St. Paul, MN, with 7 branches in Minnesota. Best rates: CDs 4.00% and savings 0.90% APY.
Highland Bank Carrot Score
85
Carrot Score
Higher than 69% of U.S. banks and credit unions
#26 of 97 in Minneapolis, MN-WI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Highland Bank
Chartered in 1943, Highland Bank is a privately held, family-owned community bank.
Operating as a business bank and preferred SBA lender, it maintains seven offices extending from the Twin Cities to Ely.
Over its history, the bank expanded through mergers and acquisitions, including Ridgedale State Bank in 2008 and Boundary Waters Bank in 2023.
- Headquarters
- 2100 Ford Pkwy, St. Paul, MN 55116
- FDIC certificate
- 16111 ↗
Branches
7 branches in Minnesota
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Minnesota
7 branches
Minneapolis area · 6
- Bloomington Branch5270 W 84th St, Bloomington, MN 55437Directions
- Maple Grove Branch13250 Grove Dr, Maple Grove, MN 55369Directions
- Ridgedale State Bank Branch1700 Plymouth Rd, Minnetonka, MN 55305Directions
- Saint Michael Branch113 Central Avenue East, St. Michael, MN 55376Directions
- St Paul Branch2100 Ford Pkwy, St. Paul, MN 55116Directions
- Woodbury Branch2230 Eagle Creek Ln, Woodbury, MN 55129Directions
Duluth area · 1
- Boundary Waters Bank Branch601 E Sheridan St, Ely, MN 55731Directions
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 | 8.58% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 2.51% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.04% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $82 | $81 | — |
- CapitalLeverage ratio8.58%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent2.51%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.04%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$82Peers’ 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 Highland Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.