MidCountry Bank, Midcountry Bank

Name:MidCountry Bank, Midcountry Bank
Full Service Brick and Mortar Office
Main Office of the Bank
Review:1 client review
Location:7825 Washington Avenue South, Suite120
Minneapolis, MN 55439

Hennepin County
View Other Branches
 
Phone:618-998-4160
FDIC Cert:#28865
Established:1933-01-01


The Bank

Name:MidCountry Bank
Concentration:Commercial Lending Specialization
Established:1933-01-01
FDIC Insurance:1934-10-11
Holden By:Midcountry Acquisition Corp
Charter Class:Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
# of Branches:13, view all, view on map
Website:www.midcountrybank.com
Total Assets:$843,294,000
Total Deposits:$632,794,000
Total Equity Capital:$108,044,000
Total Domestic Office Deposits:$632,794,000
Net Income:$7,204,000
Quarterly Net Income:$2,641,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:7%
Quarterly Return on Equity:10%
 More...


Client Review

1 client review of MidCountry Bank scored 1 out of 5.

Bank with NO Soul
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by GladtobeGone, Mar. 18, 2011

I closed my account with the Harrisburg branch on 1-18-2011.  In February, they began adding fees and penalties to a CLOSED ACCOUNT.  Then they began sending threatening letters, demanding payment for penalties on a closed account (closed in good status).  They did all of this knowing that the branch had been sold to another bank, knowing that I had closed my account, and despite the pleads of the new bank to remove the fees they had added to a closed account.  DO NOT open an account with this bank!  They lost their soul when they stopped operating as COM Bank.

* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
* this review was made on MidCountry Bank, Midcountry Bank at Marion, IL
5 of 8 people found this review helpful. Was this review helpful to you? Yes, No   Report Abuse

1 comment. Add a comment

by rentalinvestor 2013-11-20 17:49:39
They started underwriting on a single family home i was selling in August 2013.  It is now mid-November and they just told me today that the closing would be pushed back to December 5th even though they claim the only condition outstanding is a second appraisal that was already performed but the final number has not been reported yet.  Every condition requires a delay of nearly two weeks.  Terrible communication, completely incompetent underwriting department.  Normal bank underwriters clear a dozen conditions in a few days.  These guys just don't seem to care about the customer at all.

Banks Nearby

Unity Bank, Friendship Village Branch (0.4 miles)
Full Service Brick and Mortar Office
8100 Highwood Drive
Minneapolis, MN 55438
Unity Bank, Edina Branch (1.0 miles)
Full Service Brick and Mortar Office
7101 Washington Avenue South
Minneapolis, MN 55439
First Western Bank & Trust, Eden Prairie Branch (1.1 miles)
Full Service Brick and Mortar Office
100 Prairie Center Drive
Eden Prairie, MN 55344
Security Bank & Trust Company, Limited Trust Service (1.1 miles)
Limited Service Trust Office
7101 West 78th Street
Minneapolis, MN 55420
U.S. Bank, Eden Prairie Branch (1.2 miles)
Full Service Brick and Mortar Office
300 Prairie Center Drive
Eden Prairie, MN 55344

More