Welcome State Bank

Welcome State Bank is a Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB) based in Welcome, Minnesota, established in 01/01/1913. Operating with a focus on Agricultural Specialization, it offers a broad range of financial services across its 1 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Welcome State Bank reported total assets of $42,529 and manages deposits totaling $37,900 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $-69 thousands last year. For more details, visit their website at www.welcomestatebank.com.

Bank Information:

Classification and Operations:

  • State: Minnesota
  • Institution Class: Commercial bank, state charter, Fed member, and supervised by the Federal Reserve Bank (FRB)
  • Bank Class: State commercial bank, FRS member
  • Specialization: Agricultural Specialization
  • Regulatory Reporting Form Number:

Bank Office and Assets:

  • Number of Domestic Offices: 1
  • Number of Foreign Offices: 0
  • Total Assets: $42,529
  • Total Deposits: $37,900
  • Domestic Office Deposits: $37,900

Financial Data:

  • Net Income (Attributable to Bank): $-69

Establishment and Record:

  • Established Date: 01/01/1913
  • Last Recorded Data on: 04/12/2024

Geographical Coordinates: