American State Bank of Grygla

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

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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

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

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

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.asbgrygla.com

218-294-6111

102 S Main Ave
Grygla, MN 56727

American State Bank of Grygla is headquartered in GRYGLA and is the 190^th largest bank in the state of Minnesota. It is also the 3,959^th largest bank in the nation. It was established in 1976 and as of March of 2025, it had grown to 14 employees at 2 locations. American State Bank of Grygla's money market rates are 6X the national average, and it has a B+ health rating.

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Health

B+

Data as of Q1 2025

Learn why bank health matters

Additional 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	1.13%
Return on Equity - YTD	15.71%
Annual Interest Income	$913K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$81.5MM$73.7MM
Loans	Q1 2025vs Q1 2024	$40MM$39MM
Deposits	Q1 2025vs Q1 2024	$75.3MM$68.2MM
Equity Capital	Q1 2025vs Q1 2024	$5.8MM$5.1MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$479K$479K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$52K$190K
Real Estate Owned	Q1 2025vs Q1 2024	$0$83K

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

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

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

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

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Money Market
Checking
CD
IRA

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American State Bank of Grygla Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%	$10k	-	High Yield Savings Account
2.00%	$10k	-	Business High Yield Savings Account
0.20%	$0	-	Regular Savings Account
0.20%	$0	-	Business Regular Savings Account

American State Bank of Grygla Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.43%	$2.5k	-	MM Checking

American State Bank of Grygla Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	$500	-	NOW Account
0.15%	$500	-	Business NOW Account

American State Bank of Grygla CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.80%	$500	-	18 Month CD
3.14%	$500	-	12 Month CD
2.87%	$2.5k	-	6 Month CD
2.67%	$2.5k	-	3 Month CD
2.62%	$500	-	24 Month CD
2.62%	$500	-	30 Month CD
2.52%	$500	-	36 Month CD
2.42%	$500	-	48 Month CD

American State Bank of Grygla IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.43%	$0	-	IRA

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

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