Bank · FDIC insured
Pioneer Bank
A $883.8M bank headquartered in Mapleton, MN, with 6 branches in Minnesota. Best rates: CDs 4.00% and savings 0.05% APY.
Pioneer Bank Carrot Score
65
Carrot Score
Higher than 14% of U.S. banks and credit unions
#13 of 16 in Mankato, MN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Pioneer Bank
Pioneer Bank is a community bank with seven locations throughout southern Minnesota, with origins dating back to 1903.
The bank is owned by parent company Citizens Bank Group, Inc., and completed a merger with Nicollet County Bank in 2019.
Headquartered in Mankato, Minnesota, Pioneer Bank offers expertise in personal, business, and agribusiness banking.
- Headquarters
- 301 Main St E, Mapleton, MN 56065
- FDIC certificate
- 5193 ↗
Branches
6 branches in Minnesota
Loading map…
Minnesota
6 branches
Mankato area · 4
- Pioneer BankMain office301 Main St E, Mapleton, MN 56065Directions
- Mankato Adams Street Office Branch1450 Adams St, Mankato, MN 56001Directions
- North Mankato Branch1735 Commerce Dr, North Mankato, MN 56003Directions
- Saint Peter Branch220 S 3rd St, St. Peter, MN 56082Directions
Madelia area · 1
- Madelia Br34 W Main St, Madelia, MN 56062Directions
St. James area · 1
- St. James Branch123 Armstrong Blvd S, St. James, MN 56081Directions
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 | 10.20% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.58% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.57% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $85 | $81 | — |
- CapitalLeverage ratio10.20%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.58%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.57%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$85Peers’ 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 Pioneer Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.