Bonanza Valley State Bank is headquartered in BROOTEN and is the 197th largest bank in the state of Minnesota. It is also the 4,035th largest bank in the nation. It was established in 1894 and as of March of 2025, it had grown to 7 employees at 1 location. Bonanza Valley State Bank's savings rates are 6X the national average, and it has a B health rating.
Overall | |
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FDIC Certificate # | 10993 |
Year Established | 1894 |
Employees | 7 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.98% |
Return on Equity - YTD | 10.85% |
Annual Interest Income | $936K |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $74.3MM$74.9MM |
Loans | Q1 2025vs Q1 2024 | $56.5MM$55.7MM |
Deposits | Q1 2025vs Q1 2024 | $59.5MM$63.7MM |
Equity Capital | Q1 2025vs Q1 2024 | $6.6MM$6.4MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $276K$322K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $6K$3K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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2.10%* | $250k* | - | Money Market | ||
OTHER TIERS: 0.80% → $1k - $25k | 0.90% → $25k - $50k | 0.95% → $50k - $100k | 1.00% → $100k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.75%* | $75k* | - | Free Interest Checking | ||
OTHER TIERS: 0.50% → $1k - $10k | 1.00% → $10k - $25k | 1.25% → $25k - $75k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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3.00% | $0 | - | IRA Savings |
Bonanza Valley State Bank Locations | ||
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Bonanza Valley State Bank | 147 Central Ave S | Brooten, MN 56316 |