BranchWatch

Luminate Bank

Headquartered in Minneapolis, MN. Part of Luminate Capital Corp. FDIC certificate #16635 · Federal Reserve RSSD 310754.

Total assets
$555M
Deposits
$413M
Q2 2026
Active branches
2
Closings since Jan 2020
0
0 openings since Jan 2020

Financial snapshot — Q2 2026

All quarters
Net income (quarter)
$4M
Return on assets
3.07%
Return on equity
31.29%
Noncurrent loan rate
2.33%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025
0
2026

Values in $ billions, June 30 of each year.

Other network changes since 2020

  • 1 branch relocations
  • April 14, 2022: legal name changed from “American Equity Bank” to “Luminate Bank”

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: luminate.bank.