Bonanza Valley State Bank


Overview / Commentary
320-346-2234
147 Central Ave South
Brooten, MN 56316

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.

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. Bonanza Valley State Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #10993
Year Established1894
Employees7
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.98%
Return on Equity - YTD10.85%
Annual Interest Income$936K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$74.3MM$74.9MM
LoansQ1 2025vs Q1 2024$56.5MM$55.7MM
DepositsQ1 2025vs Q1 2024$59.5MM$63.7MM
Equity CapitalQ1 2025vs Q1 2024$6.6MM$6.4MM
Loan Loss AllowanceQ1 2025vs Q1 2024$276K$322K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$6K$3K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates
Report an Issue

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

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bonanza Valley State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$25$2.5kChristmas Club Savings
3.00%*$250k*-Tiered Savings
OTHER TIERS: 0.60% $100 - $10k | 1.25% $10k - $50k | 2.00% $50k - $100k | 2.25% $100k - $250k
2.00%$0-Health Savings Account

Bonanza Valley State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.10%*$250k*-Money Market
OTHER TIERS: 0.80% $1k - $25k | 0.90% $25k - $50k | 0.95% $50k - $100k | 1.00% $100k - $250k

Bonanza Valley State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*$75k*-Free Interest Checking
OTHER TIERS: 0.50% $1k - $10k | 1.00% $10k - $25k | 1.25% $25k - $75k

Bonanza Valley State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.80%$500-12 Month CD
3.40%$500-60 Month CD
3.30%$500-6 Month CD
3.30%$500-48 Month CD
3.10%$500-24 Month CD
3.00%$500-18 Month CD
3.00%$500-36 Month CD
2.75%$500-30 Month CD
2.20%$500-91 Day CD

Bonanza Valley State Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$0-IRA Savings
Locations


Bonanza Valley State Bank Locations
Bonanza Valley State Bank147 Central Ave SBrooten, MN 56316

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.