List: Best, riskiest banks in the Twin Cities

Author:
Updated:
Original:

Almost 83 percent of Twin Cities-based banks turned a profit the end of 2012, according to a Business Journal analysis of Federal Deposit Insurance Corp. data.

That's an improvement from about 70 percent at the end of 2011, the publication reports.

The Business Journal lists 104 banks in the Twin Cities area. Check out the publication's best and riskiest banks.

Next Up

IMG_1266

Glensheen Mansion reveals new coffee bar - with fresh donuts

It's located in the historic Carriage House garage space

Bogdan Vechirko

Charges against trucker who barreled through protestors could be dropped

Bogdan Vechirko will have to avoid legal trouble for a year.

Dychaun Chew - South High School Facebook

Loved ones mourn 16-year-old killed in Minneapolis hit-and-run

South High School held a balloon release for Dychaun Chew Thursday evening.

police lights

5-year-old dies 3 weeks after assault, mother's charges upped to murder

The girl died three weeks after the assault took place.

hospital, emergency room

2 teens, Texas man suffer life-threatening injuries in MN crash

One of the drivers crossed the center line and hit the other vehicle.

WIkimedia Commons - Frey April 20, 2021

Frey under fire for $359K Agape contract awarded via COVID order

Some council members called it a "misuse" of his powers, but the mayor pushed back.

minneapolis mayor - Sheila Nezhad and Jacob Frey

Minneapolis DFL fails to endorse a candidate for mayor

Sheila Nezhad and Jacob Frey finished first and second, respectively, in the endorsement process.

Related

Banks coming back home in apartment boom

Twin Cities banks are cashing in on the surge of multifamily construction, jostling to do business again with real estate developers, the Star Tribune reports. It's a sharp twist from the post-crash years when toxic concentrations of commercial real estate loans brought down so many small community banks and larger banks all but pulled out of construction and development lending.

MN bank robberies jump in December, FBI not sure why

The rate of year-end bank robberies is nearly triple what it was a year ago. A robbery at the Glenwood State Bank in Alexandria Thursday makes it 67 statewide in 2011.

Somalis protest by closing bank accounts

A group of Twin Cities Somalis are frustrated with banks no longer willing to transfer money to Somalia. In response, Somali-American customers are removing their money and closing bank accounts. They want banks to restore the wire service to Africa. Banks fear the money transfers could violate anti-terror regulations.