About WEFC

Wells Financial Corp. is a stock bank holding company organized in December 1994 and is incorporated in the State of Minnesota. The Company owns 100% of the stock of Wells Federal Bank.

 Wells Federal Bank is a Minnesota State banking corporation headquartered in Wells, Minnesota.  Wells Federal Bank has nine full service offices located in Wells, Blue Earth, Mankato, Fairmont, Albert Lea, St. Peter, Owatonna, St. James, and Minnesota Lake Minnesota.  Wells Federal Bank was founded in 1934 and its deposits are federally insured.  Wells Federal Bank is a community oriented, full-service retail bank that attracts deposits from the general public and uses such deposits to invest in residential, commercial and agricultural real estate loans, commercial and agricultural operating loans, home equity and other consumer loans.

Wells Federal Bank has one subsidiary, Wells Insurance Agency.  Wells Insurance Agency is a full service insurance agency that sells property, casualty, life, and health products.