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BreadRoute Review
First State Bank of Wyoming
Our First State Bank of Wyoming Review
First State Bank of Wyoming is a community bank founded in 1914, headquartered in Wyoming, Minnesota, with a second location in Stacy, MN. FDIC-insured and serving Chisago County for over a century, it offers a straightforward lineup of business financing — lines of credit, term loans, equipment finance, commercial real estate financing, and construction finance. Small businesses also get access to Autobooks for invoicing and financial reporting, alongside a digital banking platform for day-to-day account management. Minimum lending requirements aren't published, so you'll need to reach out directly to discuss eligibility. A good fit if you're based in or near Chisago County and prefer working with a long-established local bank that knows the community.
Who Is First State Bank of Wyoming Best For?
Based on eligibility requirements and available products.
- Businesses where credit score is not a primary factor
- Businesses that need equipment or machinery financing
- Businesses with commercial real estate financing needs
- Businesses that need flexible, revolving access to capital
Financing Options
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Other Commercial Bank lenders
First State Bank of Wyoming Pros & Cons
Pros
- No minimum credit score requirement
- Wide range of financing products
Frequently Asked Questions
First State Bank of Wyoming does not apply a strict minimum credit score requirement, making it accessible to a wider range of businesses.
First State Bank of Wyoming offers the following financing products: Equipment Finance, Construction Finance, Commercial Real Estate Financing, Line of Credit, Term Loan.
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