CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Wells Financial Corp. is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Wells Financial Corp.
53 First St SW
PO Box 310
Phone: (507) 553-3151p:507 553-3151 WELLS, MN  56097-0310  United States Fax: (507) 553-6295f:507 553-6295
This company was Merged or Acquired on 8/18/2017.
This company ceased filing statements with the SEC on 1/4/2016.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company
Business Summary
Wells Financial Corp. is the bank holding company of Wells Federal Bank (the Bank). The Company is engaged in commercial and retail banking, investment and insurance services with operations in southern Minnesota. The Bank is a retail bank that takes deposits from the general public and uses such deposits to invest in residential, commercial and agricultural real estate loans; commercial and agricultural operating loans; home equity, and other consumer loans. The Company serves its customers through the Bank's approximately 10 locations in south central Minnesota. The Company's loan portfolio consists of real estate loans, and commercial and consumer loans. Its real estate loans include residential and commercial. Its investment portfolio includes securities available for sale and certificates of deposit in other institutions at cost. The Bank's sources of funds are deposits, amortization and prepayment of loans, maturities of investment securities and funds provided from operations.
(Source: 10-K)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/201712/31/2015YesYes---

Industries
SIC Code Description
6035 Savings institutions, federally chartered

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Randel I.Bichler 67 1/1/1998
President, Chief Executive Officer, Chief Financial Officer, Director of the Company and the Bank; James D.Moll 61 6/17/2015 12/1/1994
Director Gerald D.Bastian 71 1/1/2005 12/1/1994
3 additional Officers and Directors records available in full report.

Business Names
Business Name
Greater Minnesota Mortgage
St. James Federal Savings and Loan Association
Wells Insurance Agency, Inc.

General Information
Stock Exchange: OTC
Federal Tax Id: 411799504
Fax Number: (507) 553-6295


Copyright © 2023 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Saturday, July 22, 2023