Luminate Bank
Minneapolis, MN · Owner: Luminate Capital Corp
$555M
total assets, June 30, 2026
$555M
total assets, June 30, 2026
Luminate Bank is a state nonmember bank based in Minneapolis, MN, owned by Luminate Capital Corp. As of June 30, 2026 it held $554.5 million in assets and $412.7 million in deposits; assets were up 34.4% from a year before. It has 2 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$555M
+34.4% in a year · +7.2% in a quarter
Deposits
$413M
+20.0% in a year · -2.0% in a quarter
Loans
$454M
+34.1% in a year · +8.4% in a quarter
Profit so far
$8.1M
Jan 1 to Jun 30, 2026 · +75.6% in a year
Capital ratio
10.40%
+0.13 pts in a year
Return on assets
3.06%
+0.53 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2523 South Wayzata Boulevard, Minneapolis, MN, 55405
- County
- Hennepin
- Holding company
- Luminate Capital Corp
- Established
- Mar 1, 1937
- Employees
- 745
- Branches
- 2
- Website
- luminate.bank
- Id
- b16635
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
2 offices as of June 30, 2026, holding $412.7 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Minnesota | 2 | $413M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Luminate Bank (main office) | Minneapolis, MN | $384M |
| Claremont Branch | Claremont, MN | $29.2M |
Related pages
Questions and answers
How big is Luminate Bank?
$554.5 million in total assets and $412.7 million in deposits as of June 30, 2026, with assets up 34.4% from a year before. Its loans were $453.6 million.
How many branches does Luminate Bank have?
2 branches in Minnesota as of June 30, 2026.
Is Luminate Bank profitable?
Yes: it earned $8.09 million from January 1 to June 30, 2026 (up 75.6% from the same months a year before). Its return on assets was 3.06% a year; about 1% is typical.
Who owns Luminate Bank?
Luminate Bank is owned by Luminate Capital Corp, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.