Red River State Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Halstad, Minnesota, established in 01/01/1934. Operating with a focus on Agricultural Specialization, it offers a broad range of financial services across its 2 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Red River State Bank reported total assets of $124,272 and manages deposits totaling $108,347 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $-723 thousands last year. For more details, visit their website at www.redriverbank.com.
Bank Information:
- Bank Name: Red River State Bank
- Address: 300 2nd Ave W, Halstad, Norman, MN, 56548
- Website: www.redriverbank.com
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Agricultural Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 2
- Number of Foreign Offices: 0
- Total Assets: $124,272
- Total Deposits: $108,347
- Domestic Office Deposits: $108,347
Financial Data:
- Net Income (Attributable to Bank): $-723
Establishment and Record:
- Established Date: 01/01/1934
- Last Recorded Data on: 04/12/2024