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American State Bank of Grygla


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.54%
Our Rating
4.2  / 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
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
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
Bonus Amount
up to $300
Our Rating
4.3  / 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 195th largest bank in the state of Minnesota. It is also the 4,011th largest bank in the nation. It was established in 1976 and as of December of 2024, it had grown to 15 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 Q4 2024

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 Established1976
Employees15
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.17%
Return on Equity - YTD15.86%
Annual Interest Income$3.6MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$78.7MM$74.7MM
LoansQ4 2024vs Q4 2023$39.7MM$39MM
DepositsQ4 2024vs Q4 2023$72.6MM$69MM
Equity CapitalQ4 2024vs Q4 2023$5.7MM$5.4MM
Loan Loss AllowanceQ4 2024vs Q4 2023$479K$479K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$0$0
Real Estate OwnedQ4 2024vs Q4 2023$0$90K
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.54%
Our Rating
4.2  / 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
APY APY = Annual Percentage Yield Rates as of 4/27/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
3.70%
Our Rating
4.3  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 4/27/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
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
Bonus Amount
up to $300
Our Rating
4.3  / 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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American State Bank of Grygla Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.43%$2.5k-MM Checking

American State Bank of Grygla Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$500-NOW Account
0.15%$500-Business NOW Account

American State Bank of Grygla CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.43%$0-IRA
Locations


American State Bank of Grygla Locations
American State Bank Of Grygla102 S Main AveGrygla, MN 56727
Erskine Br201 Vance AvenueErskine, MN 56535

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