Overview / Commentary
American State Bank of Grygla is headquartered in Grygla and is the 223rd largest bank in the state of Minnesota. It is also the 4,822nd largest bank in the nation. It was established in 1976 and as of March of 2019, it had grown to 14 employees at 2 locations. American State Bank of Grygla's CD rates are 79% higher than the national average, and it has a B health rating.
Health
B
Data as of Q1 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. American State Bank of Grygla has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 22263 |
| Year Established | 1976 |
| Employees | 14 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.25% |
| Return on Equity - YTD | 11.71% |
| Annual Interest Income | $565.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $54.8MM$53.3MM |
| Loans | Q1 2019vs Q1 2018 | $35.9MM$31.6MM |
| Deposits | Q1 2019vs Q1 2018 | $48.8MM$47.6MM |
| Equity Capital | Q1 2019vs Q1 2018 | $5.8MM$5.6MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $348.00K$359.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $1,000.00K$1.3MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $95.00K$0 |
Rates
Skip to rates for:
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not American State Bank of Grygla; we are a rate comparison website and cannot provide official rates or promotions.
American State Bank of Grygla Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.23% | - | - | IRA | |
| 0.75% | $10k | - | High Yield Savings Account | |
| 0.75% | $10k | - | Business High Yield Savings Account | |
| 0.35% | - | - | Passbook Savings Account | |
| 0.35% | - | - | Business Passbook Savings Account |
American State Bank of Grygla Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.35% | $2.5k | - | MM Checking |
American State Bank of Grygla Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.20% | $500 | - | NOW Account | |
| 0.20% | $500 | - | Business NOW Account |
American State Bank of Grygla CD Rates
Locations
| American State Bank of Grygla Locations | ||
|---|---|---|
| American State Bank Of Grygla | 102 S Main Ave | Grygla, MN 56727 |
| Erskine Br | 201 Vance Avenue | Erskine, MN 56535 |