Bank · FDIC insured
Peoples State Bank
A $429.1M bank headquartered in Plainview, MN, with 5 branches in 2 states. Best rates: CDs 4.25% and savings 0.90% APY.
Peoples State Bank Carrot Score
83
Carrot Score
Higher than 63% of U.S. banks and credit unions
#11 of 24 in Rochester, MN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Peoples State Bank
Established in 1925 by William R Zabel with its first branch in Plainview, Minnesota, Peoples State Bank remains locally owned and operated by the original founder's family.
The bank has expanded its branch network to serve communities across Altura and Elgin, Minnesota, as well as Boyceville and Menomonie, Wisconsin.
- Headquarters
- 100 4th Ave Se, Plainview, MN 55964
- FDIC certificate
- 1100 ↗
Branches
5 branches in 2 states
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Minnesota
3 branches
Rochester area · 2
- Peoples State Bank of PlainviewMain office100 4th Ave Se, Plainview, MN 55964Directions
- Elgin Branch155 Main St E, Elgin, MN 55932Directions
Winona area · 1
- Altura Br411 N Main St, Altura, MN 55910Directions
Wisconsin
2 branches
- Boyceville Branch715 Highway 79, Boyceville, WI 54725Directions
- Menomonie Branch1428 Broadway St N, Menomonie, WI 54751Directions
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 | 8.87% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.95% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.70% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $76 | $81 | — |
- CapitalLeverage ratio8.87%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.95%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.70%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$76Peers’ 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 Peoples State Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.