This institution is no longer active

Operations ceased on August 19, 2017. CRA examination history below reflects the period it was active.

WELLS FEDERAL BANK

WELLS, MN · Supervised by FDIC

Est. 1934FDIC #29,141RSSD: FDIC-29141

Part ofWELLS FINANCIAL CORP→ View all charters

Satisfactory Same

Current rating · Exam: June 2017

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Strong

ROA 1.06%

Institution Profile

FDIC BankFind

Address

53 First Streeet, S.W., WELLS, MN

County

Faribault County

Established

September 1, 1934

Total Assets

$267M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

June 1, 2017

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 9 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q2 2017Call Report / FDIC

Total Assets

$267M

Total Deposits

$240M

Net Loans

$197M

Net Income

$1M

ROA

1.06%

Above avg for Small banks. Peer avg: 0.44%

ROE

10.86%

Risk-Based Capital

13.78%

Below avg for Small banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Small banks

Compared to the peer-bank Small peer group (same asset tier).

ROA1.06%Peer avg: 0.44%▲ Above avg

Risk-Based Capital13.78%Peer avg: 23.03%▼ Below avg

Unlock peer list → See which specific banks are in this peer group.

Rating History

CRA / FFIEC

Rating Trend

→ Stable

Based on last 2 exams

Exam Date	Rating	Exam Type
Jun 2017	Satisfactory	Small Bank
Sep 2014	Satisfactory	Small Bank

Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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