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Banks in New Ulm, MN

Current FDIC-insured banks headquartered in the New Ulm, MN metropolitan area

Data as of Q2 2026 call reports. Banks that no longer file, such as acquired banks, are not listed.

Every FDIC-insured bank with headquarters in the New Ulm, MN metro area that still files, with the most recent quarterly call report data: total assets, deposits, capital ratios, asset quality, and profitability. The full metro area covered is New Ulm, MN.

The New Ulm, MN metro area is home to 4 FDIC-insured banks, holding $1.10B in combined assets and $925.5M in deposits. The largest is Citizens Bank Minnesota ($596.0M), about 54% of the group's total banking assets, followed by First Security Bank - Sleepy Eye and Americana Community Bank. Across these banks, the median return on assets is 1.19% and the median CET1 capital ratio is 15.23%.

Banks
4
Total Assets
$1.10B
Total Deposits
$925.5M
Median ROA
1.19%
Median CET1
15.23%

Largest by Assets

All banks in New Ulm, MN

4 institutions with the latest quarterly call report metrics: capital, profitability, and asset quality.

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Banks in the New Ulm, MN metro area, with total assets, ROA, net interest margin, efficiency ratio, CET1, NPL ratio, and Texas ratio.
Citizens Bank Minnesota New Ulm, MN $596.0M 0.89% 3.17% 66.6% 11.68% 0.02% 0.2%
First Security Bank - Sleepy Eye Sleepy Eye, MN $182.8M 1.68% 3.72% 55.2% 48.24% 2.60% 3.8%
Americana Community Bank Sleepy Eye, MN $179.9M 0.53% 4.24% 75.2% — 0.60% 4.1%
Farmers & Merchants State Bank of Springfield Springfield, MN $139.8M 1.49% 4.13% 62.3% 15.23% 4.48% 15.5%

Definitions: return on assets (ROA), net interest margin (NIM), efficiency ratio (Eff.), CET1 capital ratio, nonperforming loan ratio (NPL) and Texas ratio. A blank or NM value sorts last.

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Data sourced from FFIEC call reports. See /data-updates/ for the full refresh schedule.

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