Bank · FDIC insured
Keen Bank, N.A
A $201.1M bank headquartered in Waseca, MN, with 3 branches in Minnesota. Best rates: CDs 4.25% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. Savings: rates are not published online. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- CDs874.25%for 16–30 monthsCD rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Keen Bank, N.A
Founded in 1874, Keen Bank proudly serves southern Minnesota.
The locally owned bank operates three branch locations in Waseca, Owatonna, and Ellendale, Minnesota.
- Headquarters
- 101 State St N, Waseca, MN 56093
- FDIC certificate
- 5270 ↗
Branches
3 branches in Minnesota
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Minnesota
3 branches
Owatonna area · 2
- Ellendale Branch119 5th Ave W, Ellendale, MN 56026Directions
- Owatonna Branch496 W North St, Owatonna, MN 55060Directions
Waseca area · 1
- Keen Bank, National AssociationMain office101 State St N, Waseca, MN 56093Directions
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 | 8.43% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.06% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 2.04% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $82 | $81 | — |
- CapitalLeverage ratio8.43%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.06%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets2.04%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 Keen Bank, N.A are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.