Our roots go back to 1956 when we opened in Rochester as Minnesota Loan and Thrift Company.
Our roots go back to 1956 when we opened in Rochester as Minnesota Loan and Thrift Company. After 16 years as a single branch bank, we opened a location in Winona in 1972, followed by a location in Owatonna a year later and finally a location in Red Wing in 1982. In 1993, we changed our name to Minnesota First Credit and Savings, Inc.
Today, we serve the same area in southeastern Minnesota and western Wisconsin through two branch locations, Rochester and Red Wing, and offer banking services for consumers and business, including mortgages, personal and business loans, as well as competitive rates for savings accounts and CDs.
Our customers bank with us because of our people, approach and service. You are treated like an individual, not a number and we are never to busy to help find the answers to your questions or assist with your financial needs. We answer the phone when it rings.
Being a smaller, locally owned and operated bank has its benefits. We have the ability to be flexible with our customers and strive to make every banking experience easy and stress-free.
We look your situation individually and tailor a loan option specifically for you and your needs. What’s more, all loan decisions are made in-house with no loan committees. This means faster approval for you!