Bank
Sherburne State Bank
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 December 2025, public records show Sherburne State Bank has originated approximately $115.6M in loan volume over the past 12 months, with an average loan size of $248k.
Volume (12mo)
$115.6M
Avg Loan Size
$248k
Total Mortgages
2,758
Total Borrowers
189
Lending Entities
Sherburne State Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
2,758 mortgages recorded
+3 more 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.
Mortgages (12mo): 391
Volume (12mo): $115.2M
Total Volume: $676.1M
Mortgages (12mo): 2
Volume (12mo): $69k
Total Volume: $5.8M
Mortgages (12mo): 1
Volume (12mo): $325k
Total Volume: $595k
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.
+186 more 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 (16%) 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 Iowa.
How many loans has Sherburne State Bank originated?
Public records show 2,758 mortgages recorded for Sherburne State Bank, with $115.6M 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 $248k based on all recorded mortgages.
Does Sherburne State Bank offer short-term loans?
Sherburne State Bank primarily offers long-term financing, with only 4% 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.