Bridgewater Bank

3800 American Boulevard West, Suite 100
Bloomington, MN 55431


General Bank Information

FDIC Insured Yes
FDIC Certificate # 58210
Date Established 2005
Assets $1.55 billion
Loans $1.25 billion
Deposits $1.31 billion
Capital $0.16 billion

Bridgewater Bank is an FDIC insured institution located in Bloomington, MN. It was founded in 2005 and has approximately $1.55 billion in assets. Customers can open an account at one of its 8 branches.

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

Bank Loan Profile?

The top three loan types in Bridgewater Bank’s loan portfolio are Commercial Real Estate, Multifamily Mortgages, and 1-4 Family Residential Loans.

Compared to other banks in Minnesota, Bridgewater Bank has a significantly higher percent of Multifamily Mortgages, Construction and Development Loans, Commercial Real Estate 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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 14.97
Credit Card Loans 0.00
Consumer Auto Loans 0.13
Small Business Loans 5.64
Construction and Development Loans 9.53
Commercial Real Estate 37.99
Commercial and Industrial Loans 14.11
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

3 Mo CD 10K
0.10% $10,000 - Learn MoreShow Less
6 Mo CD 10K
0.20% $10,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA 0K
1.00% $10,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
2.00% $1 - Learn MoreShow Less
MM 10K
0.20% $1 $24,999 Learn MoreShow Less
MM 25K
0.40% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.10% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bridgewater Bank

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 2018

Lender APR Rate (%) Points Fees Monthly
Learn More NMLS#2890
NMLS ID: 2890
License#: MC-3098
3.911% 3.875% 0.00 $1,194 $1,176 Learn More
PenFed Credit Union
NMLS ID: 401822
4.073% 3.990% 0.00 $2,500 $1,193 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.490% $224.24 Learn More
Flagstar Bank 5.240% $275.79 Learn More

Note to Bridgewater Bank
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Bridgewater Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Financial Details

Bridgewater Bank Ratio Analysis

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

Texas Ratio
Bridgewater Bank U.S. Bank Average
1.19% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 September 30, 2017, Bridgewater Bank had $1,286,000 in non-current loans and $761,000 in owned real estate. To cover these potential losses it had $156,218,000 in equity and $15,219,000 in loans loss reserves. That gives it a Texas Ratio of 1.19%.

Return on Equity
Bridgewater Bank U.S. Bank Average
13.62% 8.84%

Bridgewater Bank has a Return on Equity of 13.62% versus the BestCashCow average of 8.84%. 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.

Bridgewater Bank U.S. Bank Average
10.06% 12.21%

Bridgewater Bank has a Capitalization of 10.06% versus the BestCashCow average of 12.21. 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.

Bridgewater Bank Balance Sheet Analysis

As of September 30, 2017, Bridgewater Bank had assets of $1,552,495,000, loans of $1,252,615,000, and deposits of $1,310,484,000. 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.

Frequently Asked Questions About Bridgewater Bank

Branches and Savings

Is Bridgewater Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58210.

Why does Bridgewater Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bridgewater Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bridgewater Bank a commercial bank?


Where are Bridgewater Bank locations?

See branch locations nearby.

Is Bridgewater Bank open on Saturdays?

Is Bridgewater Bank open on Sundays?

What time does Bridgewater Bank open?

What time does Bridgewater Bank close?

Are Bridgewater Bank ATMs Open 24/7?

Do Bridgewater Bank ATMs accept cash deposits?

Can Bridgewater Bank customers use other ATMs?

Do Bridgewater Bank branches have notaries?

Will Bridgewater Bank notarize my document?

What address for Bridgewater Bank should I put for incoming ACH transfers?

Will the Bridgewater Bank branch print checks?

Do Bridgewater Bank checks expire?

Does Bridgewater Bank require US citizenship to open account?

Can Bridgewater Bank close my account?

Does Bridgewater Bank Report to credit bureaus?

Does Bridgewater Bank Use Equifax?

What is Bridgewater Bank's ACH Routing Number?

What is Bridgewater Bank's SWIFT code?


Does Bridgewater Bank offer mortgages?

Compare mortgage rates here.

Does Bridgewater Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bridgewater Bank offer personal loans?

Compare personal loan rates here.

Does Bridgewater Bank offer student loans?

Will Bridgewater Bank cash a check?

Will Bridgewater Bank redeem a savings bond?

Does Bridgewater Bank cash savings bonds?

Will Bridgewater Bank cash money orders?

Can Bridgewater Bank issue a money order?

Does Bridgewater Bank do currency exchange?

Background on The Bank

Who owns Bridgewater Bank?

How long has Bridgewater Bank been around?

Can Bridgewater Bank transfer to other banks?

Does Bridgewater Bank have quick pay?

Does Bridgewater Bank accept rolled coins?

Will Bridgewater Bank accept loose change?

Where is Bridgewater Bank headquarters?

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