Bank of Elgin

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.60%	1-year CD	12 Month CD 1.50% - Ally Bank No Penalty 11-Month CD
0.20%	Savings	Pass Book Savings 1.15% - CIT Bank Spring Savings
1.31%	4-year CD	48 Month CD 1.50% - Ally Bank Raise Your Rate 4-Year CD

View all Bank of Elgin rates »

Overview / Commentary

www.bankofelgin.net

402-843-2228

101 North 2nd Street
Elgin, NE 68636

Bank of Elgin is headquartered in Elgin and is the 131^st largest bank in the state of Nebraska. It is also the 5,154^th largest bank in the nation. It was established in 1935 and as of March of 2017, it had grown to 8 employees at 1 location. Bank of Elgin has an A health rating.

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Health

A

Data as of Q1 2017

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. Bank of Elgin has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	16154
Year Established	1935
Employees	8
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.48%
Return on Equity - YTD	12.44%
Annual Interest Income	$488.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$58.0MM$58.6MM
Loans	Q1 2017vs Q1 2016	$35.4MM$39.2MM
Deposits	Q1 2017vs Q1 2016	$49.8MM$49.1MM
Equity Capital	Q1 2017vs Q1 2016	$6.9MM$6.4MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$598.00K$596.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$0$21.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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Savings
Money Market
Checking
CD
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Bank of Elgin Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%	-	-	Pass Book Savings
0.20%	-	-	Health Savings Account

Bank of Elgin Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%	$2,500	-	Money Market

Bank of Elgin Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	$2,500	-	Super NOW Account
0.10%	$1k	-	NOW Account

Bank of Elgin CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.31%	$500	-	48 Month CD
1.11%	$500	-	36 Month CD
0.90%	$500	-	24 Month CD
0.70%	$500	-	15 Month CD
0.60%	$500	-	12 Month CD
0.40%	$500	-	182 Day CD
0.25%	$500	-	91 Day CD
0.20%	$500	-	31 Day CD

Bank of Elgin IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.31%	$500	-	48 Month IRA
1.11%	$500	-	36 Month IRA
0.90%	$500	-	24 Month IRA
0.70%	$500	-	15 Month IRA
0.60%	$500	-	12 Month IRA
0.40%	$500	-	182 Day IRA

Locations

Bank of Elgin Locations
Bank Of Elgin	101 North 2nd Street	Elgin, NE 68636