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Minnwest Bank Luverne, Financial Information

About Minnwest Bank Luverne

 Address:
116 East Main
Luverne, MN
Rock County, Minnesota
 Established:
Jan 1882
 Number of domestic offices:
3
Agriculture bank
Total assets$169M
Net income$1M
Net income, quarterly$0M
Total deposits$149M
Domestic deposits$149M
Equity capital$16M
ROA0.8%
ROAQ, quarterly0.91%
ROA, pretax0.91%
ROAQ, quarterly, pretax1.52%
ROE8.77%
ROEQ, quarterly9.76%
UpdatedApr 11, 2013

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

While Minnwest Bank Luverne was officially founded in 1987, some of the branches have over 125 years of helping the people and business owners of southwest Minnesota build their dreams. Minnwest slowly grew over the years, acquiring some branches in various communities and opening new offices in others.

Today, Minnwest Corporation continues to be a family-owned banking operation. And, Minnwest Corporation has grown into one of Minnesota's largest bank holding companies with $1.5 billion in assets and 24 offices in 19 communities throughout Minnesota and South Dakota. Minnwest is the 5th largest bank headquartered in the state.

In addition, to Minnwest Bank, Minnwest Corporation's financial companies include Minnwest Finance, Inc., Minnwest Mortgage Corporation, Minnwest Capital Corporation, Minnwest Insurance Montevideo, Inc., Minnwest Investment & Insurance Center, Inc. and MinnData, Inc.

Luverne (Downtown)
116 East Main Street, PO Box 899
Luverne, MN 56156
(507) 283-2366
FAX: (507) 283-2977
24-Hour ATM located in front entrance of the bank

Lobby Hours
Mon.-Fri. 9:00 a.m.-4:30 p.m.
Drive-up Hours
Mon.-Fri. 8:00 a.m.-6:00 p.m.

Luverne (Highway 75 location)
800 South Kniss, PO Box 567
Luverne, MN 56156
(507) 283-9131
FAX: (507) 283-9133
24-Hour Drive-Up ATM

Lobby Hours
Mon.-Fri. 9:00 a.m.-4:30 p.m.
Saturday 9:00 a.m.-noon
Drive-up Hours
Mon.-Fri. 8:00 a.m.-6:00 p.m.
Saturday 8:00 a.m.-noon

Beaver Creek
304 East First Avenue
Beaver Creek, MN 56116
(507) 673-2334

Lobby Hours
Mon. -Fri. 9:00 a.m. - noon

Historical Data