AMERIPRISE BANK, FSB

Headquarters

707 2nd Avenue South
Minneapolis, MN 55402
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.02% →
1-Year CD 0.30% 1.45% →
2-Year CD 0.35% 2.86% →
5-Year CD N.A. 3.21% →
30-Year Mortgage N.A. 2.81% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

AMERIPRISE BANK, FSB is an FDIC insured institution located in Minneapolis, MN. It was founded in 2006 and has approximately $12.47 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58303
Date Established 2006
Assets $ 12.47 billion
Loans $ 609.49 million
Deposits $ 11.42 billion
Capital $ 846.65 million
 

For a more detailed analysis of AMERIPRISE BANK, FSB's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - May 23, 2022

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.30% $10,000 $14,999 Learn More
18 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.30% $10,000 $14,999 Learn More
24 Mo CD
0.35% $100,000 $199,999 Learn More
30 Mo CD
0.35% $10,000 $14,999 Learn More
30 Mo CD
0.40% $100,000 $199,999 Learn More
36 Mo CD
0.40% $10,000 $14,999 Learn More
36 Mo CD
0.45% $100,000 $199,999 Learn More
48 Mo CD
0.50% $10,000 $14,999 Learn More
48 Mo CD
0.50% $100,000 $199,999 Learn More

 

Loan Rates - May 23, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for AMERIPRISE BANK, FSB

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Payment
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
6.077% 5.990%
0.75 points
$2,325 fees
$1,498 Learn More
CHASE
NMLS ID: 399798
5.432% 5.375%
0.63 points
$1,578 fees
$1,400 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to AMERIPRISE BANK, FSB
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Branches

AMERIPRISE BANK, FSB branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


AMERIPRISE BANK, FSB Locations



Climate Initiatives

AMERIPRISE BANK, FSB is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

AMERIPRISE BANK, FSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of AMERIPRISE BANK, FSB. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
AMERIPRISE BANK, FSB U.S. Bank Average
0.04% 3.95%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2021, AMERIPRISE BANK, FSB had $308,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $846,651,000 in equity and $3,407,000 in loans loss reserves. That gives it a Texas Ratio of 0.04%.

Return on Equity
AMERIPRISE BANK, FSB U.S. Bank Average
8.93% 10.50%

AMERIPRISE BANK, FSB has a Return on Equity of 8.93% versus the BestCashCow average of 10.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
AMERIPRISE BANK, FSB U.S. Bank Average
6.79% 11.55%

AMERIPRISE BANK, FSB has a Capitalization of 6.79% versus the BestCashCow average of 11.55. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

AMERIPRISE BANK, FSB Balance Sheet Analysis

As of December 31, 2021, AMERIPRISE BANK, FSB had assets of $12,473,237,000, loans of $609,491,000, and deposits of $11,421,245,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2021
ASSETS
Cash & Balances due from depository institutions $ 856.47 million
Interest-bearing balances $ 849.11 million
Total securities $ 10.94 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 609.49 million
Loan loss allowance $ 3.41 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 5.01 million
All other assets $ 59.70 million
     Total Assets $ 11.63 billion
LIABILITIES
Total deposits $ 11.42 billion
      Interest-bearing deposits $ 11.42 billion
      Deposits held in domestic offices $ 11.42 billion
      % insured (estimated) 99.96%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 205.34 million
      Total Liabilities $ 11.63 billion
      Shareholders’ Equity $ 846.65 million

Summary Income Statement

December 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 123.20 million
Total Interest Expense $ 1.62 million
Net interest income $ 121.58 million
Provision for loan and lease losses $ 1.50 million
Total non interest income $ 14.66 million
Total non interest expense $ 52.45 million
Pre-tax Net Operating Income $ 82.30 million

Bank Loan Profile?

The top three loan types in AMERIPRISE BANK, FSB’s loan portfolio are Commercial and Industrial Loans, Credit Card Loans, and 1-4 Family Residential Loans.

Compared to other banks in Minnesota, AMERIPRISE BANK, FSB has a significantly higher percent of Credit Card Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 8.03
Multifamily
Mortgages
0.00
Credit Card Loans 15.90
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 18.87
Farm Loans 0.00

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