Are you looking for a financial partner that understands your needs and provides a comprehensive suite of services? Profinium, a Minnesota-based financial organization, offers banking, insurance, mortgage, and investment services designed to empower individuals, families, and businesses across the state. This commitment to holistic financial solutions is more than just a statement; it's the foundation upon which Profinium builds its relationships with its clients.
Serving a diverse clientele, including agriculture, business, non-profit organizations, and personal customers, Profinium provides both online and mobile banking options, ensuring accessibility and convenience for all. With a strong presence in Fairmont, MN, and additional offices strategically located in Truman and Owatonna, Profinium delivers tailored financial services, including banking, insurance, and wealth planning. Clients can easily access information regarding branch hours, contact details, and the Pulse ATM network for their convenience. Furthermore, for those seeking quick access to funds, Profinium cards are fully compatible with both Apple Wallet and Google Pay, making transactions smooth and secure.
Profiniums commitment to its community is further exemplified through the appointment of leaders like Joel Staehling as CEO, a move that underscores its dedication to building a strong team focused on innovation and people. The bank's state charter and Federal Reserve membership confirm its financial reliability and strict adherence to industry regulations. Customers can select from personal or business products and apply online in just minutes, making the entire process seamless. Various checking, savings, and certificate of deposit accounts are available for personal customers, allowing for tailored financial planning. Profinium also features rewards credit cards and health savings accounts (HSAs), providing financial flexibility and encouraging healthy financial habits.
Category | Details |
---|---|
Name | Joel Staehling |
Title | Chief Executive Officer |
Organization | Profinium |
Background | Extensive banking experience, specializing in team building for growth and innovation. |
Focus | Driving growth, fostering innovation, and prioritizing people within the organization. |
Key Skills | Banking leadership, team building, strategic planning, and customer relations. |
Location of Operations | Based in Truman, Minnesota, with services across Minnesota. |
Key Accomplishments | Leading innovation initiatives and guiding the company towards strategic growth through optimized team structures. |
Link to Reference | Profinium Official Website |
Profinium takes pride in offering a broad spectrum of financial services to meet a wide array of needs. Beyond banking services, the organization is an independent insurance agency, serving a diverse clientele across Minnesota. With offices strategically placed in Truman, Fairmont, and Owatonna, Profinium is conveniently located to serve individuals, families, farmers, and businesses within these communities, offering exceptional insurance solutions tailored to their specific requirements. Whether youre looking for personal or commercial lines of property and casualty insurance, life and health coverage, crop insurance, or long-term care options, Profinium has you covered.
For those who value convenience and control, the Profinium banking app is an invaluable tool. Upon downloading the app, users gain the ability to effortlessly manage their finances. This includes the option to turn cards on or off, providing instant security in the event of loss or suspicious activity. Furthermore, the app allows users to set transaction spending limits, personalizing control over their finances. The app's alert system ensures that you're always informed, delivering instant notifications on various types of transactions, like declined transactions, to protect you from potential fraudulent activities.
Launched in May 1916 and currently based in Truman, Minnesota, Profinium has a rich history of serving its community. As a subsidiary of Profinium Financial Holdings, Inc., the bank operates under the careful oversight of the Federal Reserve (FRB), ensuring adherence to the highest standards of financial security and stability. As a state-chartered commercial bank and Fed member, Profinium is a trusted name in the banking sector. This classification emphasizes its commitment to responsible lending practices, reliable customer service, and financial stability.
Profinium is committed to creating an inviting work environment that fosters growth and innovation. They offer a calculator on their website, enabling customers to quickly determine the interest they can earn on certificates of deposit (CDs). By simply entering a few basic pieces of information, users can get a clear estimate of their annual percentage yield (APY) and ending balance. This is part of their dedication to transparency and empowering their clients to make informed financial decisions. The organization also offers a rewards credit card, allowing customers to earn one reward point for every dollar spent, which can be redeemed for travel, merchandise, or gift cards.
To help its clients better achieve their financial goals, Profinium provides Pro Saver and Pro Lisa savings accounts, offering a selection of options to best suit your requirements. The company also offers Health Savings Accounts (HSAs), which come with a host of benefits. HSAs, with no annual or monthly fees, allow you to earn higher APY as your balance increases, supporting your long-term financial objectives. Beyond the standard savings and checking accounts, Profinium offers a wide variety of products, and you are able to compare the features, rates, and benefits of the different products available to you.
Profinium's service extends across multiple Minnesota locations, including Mankato, Owatonna, Fairmont, and Truman. The financial institution displays important financial details, such as product information and APY data, obtained from various sources. Note that this information might not encompass all the deals available in your region. Through dedication to its customers and community, Profinium continues to evolve and offer services that meet the ever-changing financial landscape.
The unwavering commitment of Profinium is further demonstrated by its dedicated staff. The bank is committed to providing customers with a client experience and friendly, personal service. The institution ensures that customers receive expert guidance on all products and services while enjoying the hometown service from a financial institution they know and trust. Profinium is dedicated to making the most of the client experience through its available products and services.
Profinium understands the importance of community involvement and leadership. The organization has a board of directors, with dedicated members like the one whose public relations background and commitment to the Owatonna community makes her an invaluable asset to the Profinium board of directors. With an "A" health rating, Profinium stands as a financially sound institution.
Profinium acknowledges that the contactless symbol is a trademark owned by EMVCo, LLC. Furthermore, Profinium cards are supported by Apple Wallet and Google Pay, offering customers the latest in payment technology. The organization encourages users to make the most of their financial journey by making the most of the available products and services.


