Bank · FDIC insured
State Bank of Faribault
A $329.2M bank headquartered in Faribault, MN, with 3 branches in Minnesota. Best rates: CDs 4.00% and savings 0.08% APY.
State Bank of Faribault Carrot Score
66
Carrot Score
Higher than 17% of U.S. banks and credit unions
#7 of 8 in Faribault, MN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About State Bank of Faribault
The State Bank of Faribault is located in Faribault, Minnesota.
- Headquarters
- 428 Central Ave N, Faribault, MN 55021
- FDIC certificate
- 1610 ↗
Branches
3 branches in Minnesota
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Minnesota
3 branches
Faribault area · 2
- The State Bank of FaribaultMain office428 Central Ave N, Faribault, MN 55021Directions
- Faribault Branch202 Western Ave Nw, Faribault, MN 55021Directions
Minneapolis area · 1
- Prior Lake Branch6867 Boudin St Ne, Prior Lake, MN 55372Directions
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 | 9.31% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.13% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.14% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $60 | $81 | — |
- CapitalLeverage ratio9.31%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.13%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.14%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$60Peers’ 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 State Bank of Faribault are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.