BranchWatch

Keen Bank

Legal institution: Keen Bank, National Association. Headquartered in Waseca, MN. Part of Frankson Investment Corporation. FDIC certificate #5270 · Federal Reserve RSSD 837354.

Total assets
$198M
Deposits
$179M
Q1 2026
Active branches
3
Closings since Jan 2020
0
0 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$982K
Return on assets
1.97%
Return on equity
23.81%
Noncurrent loan rate
0.03%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025

Values in $ billions, June 30 of each year.

Other network changes since 2020

  • 2 branch relocations
  • September 24, 2022: legal name changed from “The First National Bank of Waseca” to “Keen Bank, National Association”

Branches by state

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: keen.bank.