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Bank

Sherburne State Bank

sherburnestatebank.com
12500 Sherburne Ave SE, Becker, MN 55308

Sherburne State Bank is a community-focused institution serving central Minnesota (Becker, Monticello, and Princeton areas) since 1920, providing FDIC-insured deposit accounts and a range of personal and business loans, including mortgages and construction financing, to support local residents and small businesses.

Key Statistics

As of June 2026, public records show Sherburne State Bank has originated approximately $126.3M in loan volume over the past 12 months, with an average loan size of $252k.

Volume (12mo)

$126.3M

Avg Loan Size

$252k

Total Mortgages

2,437

Total Borrowers

185

Lending Entities

Sherburne State Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Sherburne State Bank

2,437 mortgages recorded

+3 more entities not shown

Geography

Sherburne State Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Minnesota

Mortgages (12mo): 392

Volume (12mo): $125.8M

Total Volume: $606.3M

#2Florida

Mortgages (12mo): 2

Volume (12mo): $105k

Total Volume: $4.1M

#3South Dakota

Mortgages (12mo): 1

Volume (12mo): $80k

Total Volume: $80k

Top Borrowers

The following individuals have the most recorded mortgage transactions with Sherburne State Bank. Click on a borrower to view their full investor profile.

+182 more borrowers not shown

FAQ

What type of lender is Sherburne State Bank?

Sherburne State Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (17%) and personal loans in their portfolio.

What entities does Sherburne State Bank fund loans under?

Sherburne State Bank originates mortgages through 4 different lending entities. The most common include Sherburne State Bank. These are the legal entity names that appear on recorded mortgage documents.

Where is Sherburne State Bank most active?

Based on recorded mortgages, Sherburne State Bank is most active in Minnesota, Florida, and South Dakota.

How many loans has Sherburne State Bank originated?

Public records show 2,437 mortgages recorded for Sherburne State Bank, with $126.3M in volume over the past 12 months.

What is the average loan size for Sherburne State Bank?

The average mortgage size for Sherburne State Bank is $252k based on all recorded mortgages.

Does Sherburne State Bank offer short-term loans?

Sherburne State Bank primarily offers long-term financing, with only 5% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.