Bonanza Valley State Bank

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.50%	5-year CD	60 Month CD 1.85% - Synchrony Bank 60 Month CD
0.80%	Savings	Tiered Savings 1.00% - Ally Bank Online Savings Account
0.45%	1-year CD	12 Month CD 1.05% - Ally Bank High Yield 12-Month CD

View all Bonanza Valley State Bank rates »

Overview / Commentary

onlinebanking.bvsb.net

866-346-2234

1st St. & Central Ave.
Brooten, MN 56316

Bonanza Valley State Bank is headquartered in Brooten and is the 223^rd largest bank in the state of Minnesota. It is also the 5,160^th largest bank in the nation. It was established in 1894 and as of June of 2016, it had grown to 10 employees at 1 location. Bonanza Valley State Bank's money market rates are 59% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q2 2016

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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 Established	1894
Employees	10
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.31%
Return on Equity - YTD	14.35%
Annual Interest Income	$1.4MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$63.0MM$60.3MM
Loans	Q2 2016vs Q2 2015	$48.6MM$48.9MM
Deposits	Q2 2016vs Q2 2015	$55.0MM$48.9MM
Equity Capital	Q2 2016vs Q2 2015	$5.7MM$4.8MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$419.00K$446.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$291.00K$270.00K
Real Estate Owned	Q2 2016vs Q2 2015	$16.00K$282.00K

Rates

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Money Market
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* 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

APY	MIN	MAX	ACCOUNT NAME
1.50%	$25	$2,500	Christmas Club Savings
0.80%^*	$100k^*	-	Tiered Savings
OTHER TIERS: 0.20% → $100 - $2,500 \| 0.30% → $2,500 - $10k \| 0.45% → $10k - $50k \| 0.75% → $50k - $100k
0.70%	-	-	Health Savings Account
0.50%	-	-	Roth IRA Savings
0.50%	-	-	IRA Savings

Bonanza Valley State Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.70%^*	$75k^*	-	Money Market Savings
OTHER TIERS: 0.20% → $1k - $25k \| 0.25% → $25k - $75k

Bonanza Valley State Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$75k^*	-	Free Interest Checking
OTHER TIERS: 0.10% → $1k - $10k \| 0.25% → $10k - $25k \| 0.40% → $25k - $75k

Bonanza Valley State Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.50%	$500	-	60 Month CD
1.15%	$500	-	48 Month CD
0.85%	$500	-	36 Month CD
0.75%	$500	-	30 Month CD
0.70%	$500	-	24 Month CD
0.50%	$500	-	18 Month CD
0.45%	$500	-	12 Month CD
0.30%	$500	-	6 Month CD
0.25%	$500	-	91 Day CD

Bonanza Valley State Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.50%	$500	-	60 Month IRA
1.15%	$500	-	48 Month IRA
0.85%	$500	-	36 Month IRA
0.75%	$500	-	30 Month IRA
0.70%	$500	-	24 Month IRA
0.50%	$500	-	18 Month IRA
0.45%	$500	-	12 Month IRA
0.30%	$500	-	6 Month IRA
0.25%	$500	-	91 Day IRA

Locations

Bonanza Valley State Bank Locations
Bonanza Valley State Bank	First Street and Central Avenue	Brooten, MN 56316