Bank · FDIC insured
Security State Bank Wanamingo
A $112.7M bank headquartered in Wanamingo, MN, with 1 branch in Minnesota. Best rates: CDs 4.27% and savings 0.30% APY.
Security State Bank Wanamingo Carrot Score
71
Carrot Score
Higher than 29% of U.S. banks and credit unions
#5 of 8 in Red Wing, MN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Security State Bank Wanamingo
- Headquarters
- 232 Main St, Wanamingo, MN 55983
- FDIC certificate
- 18378 ↗
Branches
1 branch in Minnesota
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Minnesota
1 branch
- Security State Bank of WanamingoMain office232 Main St, Wanamingo, MN 55983Directions
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 | 11.37% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.00% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 2.21% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $98 | $81 | — |
- CapitalLeverage ratio11.37%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.00%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets2.21%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$98Peers’ 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 Security State Bank Wanamingo are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.