Advertising Disclosure
  1. Banks
  2. Bank of Elgin

Bank of Elgin


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
3.80%
Our Rating
4.2  / 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 1/13/2025
4.00%
Our Rating
4.6  / 5
SoFi Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 4.00% 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
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.75%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Overview / Commentary
bankofelgin.com
402-843-2228
101 North 2nd Street
Elgin, NE 68636

Bank of Elgin is headquartered in ELGIN and is the 112th largest bank in the state of Nebraska. It is also the 4,007th largest bank in the nation. It was established in 1935 and as of September of 2024, it had grown to 8 employees at 1 location. Bank of Elgin's CD rates are 2X the national average, and it has an A health rating.

Reviews

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



Health
A

Data as of Q3 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. 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 - YTD2.11%
Return on Equity - YTD16.23%
Annual Interest Income$3MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$80.1MM$73.3MM
LoansQ3 2024vs Q3 2023$50.9MM$43.3MM
DepositsQ3 2024vs Q3 2023$64.5MM$63.5MM
Equity CapitalQ3 2024vs Q3 2023$11.2MM$9.5MM
Loan Loss AllowanceQ3 2024vs Q3 2023$660K$660K
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$0$0
Real Estate OwnedQ3 2024vs Q3 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
3.80%
Our Rating
4.2  / 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 1/13/2025
4.00%
Our Rating
4.6  / 5
SoFi Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 4.00% 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
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/13/2025
4.75%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Rates
Skip to rates for:
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
0.40%$0-Pass Book Savings
0.10%$0-Health Savings Account

Bank of Elgin Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$2.5k-Money Market

Bank of Elgin Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%$2.5k-Super NOW Account
0.25%$1k-NOW Account

Bank of Elgin CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.22%$500-48 Month CD
2.12%$500-36 Month CD
2.02%$500-24 Month CD
1.81%$500-12 Month CD
1.41%$500-182 Day CD
1.16%$500-91 Day CD
0.20%$500-31 Day CD

Bank of Elgin IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.22%$0-48 Month IRA
2.12%$0-36 Month IRA
2.02%$0-24 Month IRA
1.81%$0-12 Month IRA
1.41%$0-182 Day IRA
Locations


Bank of Elgin Locations
Bank Of Elgin101 N 2nd StElgin, 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 [email protected] 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.