Profinium, Inc. - Banks

About Profinium, Inc.

Profinium, Inc. is a bank headquartered in Truman, Minnesota, and is one of the banks in Minnesota in this directory. The bank was established in 1916, is a member of the FDIC, and is regulated primarily by the Federal Reserve. It is held by Profinium Finl Holdings Inc. The bank operates four branch offices in Fairmont, Mankato, Owatonna, and Truman, offering personal and business banking. Its registry-reported total assets are $533.11 million, and total deposits are $455.06 million. The bank's public materials describe its origins as a combination of two community banks in 2003, which formed a single organization under the Profinium name. The bank describes itself as focused on local families, businesses, and community growth. The bank has announced an agreement to acquire F&M Community Bank. Its insurance affiliate, Profinium Insurance, has also announced an agreement to acquire F&M Insurance Services. Both acquisitions were announced rather than completed in the information available. Profinium is also listed in the Directory of US Banks.

Key Facts

Total Assets

$533.11M

Total Deposits

$455.06M

Branch Offices

4

Established

1916

Holding Company

Profinium Finl Holdings Inc

Primary Regulator

FED