PIESCO INC operates 2 active bank charters, each examined independently for CRA compliance.
Bank Holding Company
PIESCO INC
Legal name: PIESCO, INC.
2 active banks · $283M combined assets
RSSD ID: 2780717 (FFIEC NIC)
Combined Assets
$283M
CRA Rating Summary
Satisfactory2charters
Across all 17 exams on record for this holding company's charters, 100% resulted in Outstanding or Satisfactory.
Primary bankCITIZENS STATE BANK NORWOOD YOUNG AMERICANORWOOD YOUNG AMERICA, MNSatisfactory$141MView profile →
At a Glance
Dominant CRA Rating
Satisfactory
2 of 2 banks · Meets expectations for community lending
Combined Assets
$283M
2 active banks
Financial Summary
FDIC Call ReportsAggregated from the most recent call report filings for all active charters.
Total Deposits
$249M
Net Income
$1M
ROA (avg)
1.52%
asset-weighted avg
Active Bank Charters2
Each charter is examined independently for CRA compliance.
| Charter | Location | Regulator | Assets | Ownership | Current Rating | Exam Date |
|---|---|---|---|---|---|---|
| CITIZENS STATE BANK NORWOOD YOUNG AMERICA | NORWOOD YOUNG AMERICA, MN | FDIC | $141M | 100.0% | Satisfactory | May 2022 |
| FARMERS AND MERCHANTS STATE BANK OF SPRINGFIELD | SPRINGFIELD, MN | FDIC | $141M | 100.0% | Satisfactory | Nov 2023 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.