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iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Minnesota First Rates & Review September 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated and Verified: September 9, 2026
Minnesota First's 12-Months 12-Month Special Certificate of Deposit rates are at 4.00%, 10-Months 10-Month Special Certificate of Deposit rates are at 3.90%, 12-Months 12-Month Certificate of Deposit rates are at 3.65%, 36-Months 36-Month Certificate of Deposit rates are at 3.54%, 6-Months 6-Month Certificate of Deposit rates are at 3.50%. Minnesota First's savings rates are at 0.15%. MonitorBankRates evaluates the financial stability of Minnesota First with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.78%. Rates last updated and verified on 09/09/2026. Minnesota First money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Minnesota First? Share your experience about Minnesota First by leaving a review below, or read customer reviews before you decide to use Minnesota First. Minnesota First Credit and Savings, Incorporated
1932 Viking Dr Nw
https://www.mnfirst.com Rochester, MN 55901 
Minnesota First CD Rates
Minnesota First Savings Rates
Financial Health HistoryMinnesota First’s Texas Ratio fell from 2.01% in Q3 2023 to 0.78% in Q2 2026, so its financial health has improved and is now very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the amber line marks the 15% level a bank must stay under to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures. Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy threshold
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How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops. Show the quarterly figures
Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.
Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Minnesota First is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health. Rate Data Aggregation: We gather Minnesota First rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Minnesota First's official website for the most current offers and terms.
Bank Profile & Overview
Institution Name
Minnesota First
FDIC Certificate #
26755
Address
1932 Viking Dr Nw,
Rochester, MN 55901 · Olmsted
Website
https://www.mnfirst.com
Established
19560101
FDIC Insurance Date
19860807
Domestic Offices
4
Total Branches
4
Regulator
FDIC
FDIC Insured
✓ Yes — Up to $250,000
Financial Health & AssetsA+
Overall Health Grade
Score: 100/100
5.0
Exceptional
Out of 5.0 Stars
0.78%
Texas Ratio
Nat'l avg: 5.85%
Return on Assets (ROA)
0.3107%
Return on Equity (ROE)
2.1800%
Non-Performing Loans (NPL)
0.11%
Total Assets
$29,891,000
Total Deposits
$24,903,000
Equity Capital
$4,230,000
Net Income
$46,000
Headquarters
Rochester
Total Branches and Offices
4
Source: FDIC | Last Updated 06/30/2026
Customer ReviewsOGEn
December 17, 2025
zSPX
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Frequently Asked Questions About Minnesota FirstHow many branches does Minnesota First operate?Minnesota First currently maintains approximately 4 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is there a first-time homebuyer program?Currently, Minnesota First does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Minnesota First provides members with tools to manage their accounts and build a solid financial history. Does Minnesota First offer online and mobile banking?Most modern institutions like Minnesota First provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.mnfirst.com. Current Minnesota First Rates
Retrieved from our database of financial products. Rates subject to change.
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