Bonanza Valley State Bank

Overview / Commentary

www.bvsb.bank

320-346-2234

147 Central Ave South
Brooten, MN 56316

Bonanza Valley State Bank is headquartered in Brooten and is the 210^th largest bank in the state of Minnesota. It is also the 4,662^nd largest bank in the nation. It was established in 1894 and as of March of 2019, it had grown to 11 employees at 1 location. Bonanza Valley State Bank's savings rates are 3X the national average, and it has a B health rating.

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Health

Data as of Q1 2019

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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	11
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.58%
Return on Equity - YTD	6.45%
Annual Interest Income	$816.00K

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$64.3MM$65.9MM
Loans	Q1 2019vs Q1 2018	$53.8MM$49.2MM
Deposits	Q1 2019vs Q1 2018	$55.4MM$57.7MM
Equity Capital	Q1 2019vs Q1 2018	$5.7MM$5.6MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$483.00K$421.00K
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$299.00K$4.00K
Real Estate Owned	Q1 2019vs Q1 2018	$110.00K$161.00K

Rates

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Savings
Money Market
Checking
CD

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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

APY	MIN	MAX	ACCOUNT NAME
1.75%^*	$250k^*	-	Tiered Savings
OTHER TIERS: 0.40% → $100 - $10k \| 0.75% → $10k - $50k \| 1.00% → $50k - $100k \| 1.50% → $100k - $250k
1.50%	$25	$2.5k	Christmas Club Savings
1.00%	-	-	IRA Savings
0.70%	-	-	Health Savings Account

Bonanza Valley State Bank Money Market Rates

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

Bonanza Valley State Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%^*	$75k^*	-	Free Interest Checking
OTHER TIERS: 0.15% → $1k - $10k \| 0.30% → $10k - $25k \| 0.45% → $25k - $75k

Bonanza Valley State Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.55%	$500	-	60 Month CD
2.25%	$500	-	48 Month CD
2.10%	$500	-	36 Month CD
1.90%	$500	-	30 Month CD
1.80%	$500	-	24 Month CD
1.60%	$500	-	18 Month CD
1.50%	$500	-	12 Month CD
0.90%	$500	-	6 Month CD
0.50%	$500	-	91 Day CD

Locations

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

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