Overview / Commentary
402-843-2228
101 North 2nd Street
Elgin, NE 68636

Bank of Elgin is headquartered in Elgin and is the 124th largest bank in the state of Nebraska. It is also the 4,817th largest bank in the nation. It was established in 1935 and as of June of 2018, it had grown to 8 employees at 1 location. Bank of Elgin's CD rates are 17% higher than the national average, and it has a B health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
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. Bank of Elgin has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #16154
Year Established1935
Employees8
Primary RegulatorFED
Profit Margin
Return on Assets - YTD2.06%
Return on Equity - YTD16.14%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$62.0MM$57.3MM
LoansQ2 2018vs Q2 2017$45.3MM$36.1MM
DepositsQ2 2018vs Q2 2017$46.3MM$49.2MM
Equity CapitalQ2 2018vs Q2 2017$7.8MM$7.1MM
Loan Loss AllowanceQ2 2018vs Q2 2017$621.00K$598.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$0$0
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Bank of Elgin; we are a rate comparison website and cannot provide official rates or promotions.

Bank of Elgin Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%--Health Savings Account
0.15%--Pass Book Savings

Bank of Elgin Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$2.5k-Money Market

Bank of Elgin Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$2.5k-Super NOW Account
0.10%$1k-NOW Account

Bank of Elgin CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$500-48 Month CD
1.86%$500-36 Month CD
1.56%$500-24 Month CD
1.16%$500-15 Month CD
1.05%$500-12 Month CD
0.85%$500-182 Day CD
0.50%$500-91 Day CD
0.45%$500-31 Day CD

Bank of Elgin IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%--48 Month IRA
1.86%--36 Month IRA
1.56%--24 Month IRA
1.16%--15 Month IRA
1.05%--12 Month IRA
0.85%--182 Day IRA
Locations


Bank of Elgin Locations
Bank Of Elgin101 North 2nd StreetElgin, NE 68636

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.