Park State Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

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Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.parkstatebank.com

218-722-3500

2630 West Superior Street
Duluth, MN 55806

Park State Bank is headquartered in DULUTH and is the 12^th largest bank in the state of Minnesota. It is also the 771^st largest bank in the nation. It was established in 1916 and as of March of 2025, it had grown to 152 employees at 15 locations. Park State Bank has an A health rating.

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Health

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	8851
Year Established	1916
Employees	152
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.21%
Return on Equity - YTD	12.67%
Annual Interest Income	$18.4MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$1.43B$1.33B
Loans	Q1 2025vs Q1 2024	$876.3MM$854.6MM
Deposits	Q1 2025vs Q1 2024	$1.24B$1.18B
Equity Capital	Q1 2025vs Q1 2024	$138MM$119.5MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$9.5MM$10.3MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$1.8MM$3MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$909K

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for Park State Bank.

Locations

Park State Bank Locations
Park State Bank	2630 W Superior St	Duluth, MN 55806
Miller Hill Mall Branch	1600 Miller Trunk Highway	Duluth, MN 55811
Duluth North Cent Br	331 North Central Avenue	Duluth, MN 55807
Mt Royal Branch	120 Mt Royal Shopping Circle	Duluth, MN 55803
Grand Rapids South Branch	1215 Pokegama Avenue South	Grand Rapids, MN 55744
Nashwauk Branch	117 Central Ave	Nashwauk, MN 55769
Mountain Iron/Expressway Branch	8401 Unity Drive	Mountain Iron, MN 55768
Two Harbors Branch	613 First Avenue	Two Harbors, MN 55616
Silver Bay Branch	88 Outer Dr	Silver Bay, MN 55614

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