Overview of Wadena State Bank
Wadena State Bank was established in 1917 and is among just a handful of banks in the United States that have been operating for more than a century. The bank’s main office is located in the city of Wadena in Minnesota. The bank currently has total assets of $228 million, total net loans to customers of $112 million and total deposits outstanding of $206 million. The bank currently has a total employee base of 32 people.
Other Information for Wadena State Bank
- Wadena State Bank Routing Number: 091202231
- Main Office Address: 304 1st St, S.E., Wadena, MN 56482
- Website: www.wadenastatebank.com
- Total Number of Branches: 4
- Total Number of International Branches: None
- Number of Employees: 32
- FDIC Certificate Number: 13430
- FDIC Community Bank: Yes
- FDIC Field Office: Fargo
- Independent or Subsidiary Bank: Independent
- Federal Reserve ID Number: 210256
- Bank Charter Class: SM
- Primary Regulator: FED
Financial Metrics: Wadena State Bank (as of Dec 2021)
- Total Assets: $228 million
- Net Loans: $112 million
- Total Deposits: $206 million
- Return on Equity: 14.7%
- Return on Assets: 1.45%
- Tier 1 Risk-Based Capital: 13.6%