Featured Savings Rates
Featured Accounts

Bonanza Valley State Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.50%5-year CD60 Month CD
0.80%SavingsTiered Savings
0.45%1-year CD12 Month CD

Overview / Commentary
866-346-2234
1st St. & Central Ave.
Brooten, MN 56316

Bonanza Valley State Bank is headquartered in Brooten and is the 235th largest bank in the state of Minnesota. It is also the 5,180th largest bank in the nation. It was established in 1894 and as of September 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+
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
Employees10
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.22%
Return on Equity - YTD13.22%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$60.2MM$61.3MM
LoansQ3 2016vs Q3 2015$49.1MM$49.3MM
DepositsQ3 2016vs Q3 2015$51.0MM$49.5MM
Equity CapitalQ3 2016vs Q3 2015$5.8MM$5.1MM
Loan Loss AllowanceQ3 2016vs Q3 2015$404.00K$525.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$377.00K$271.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$128.00K
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$25$2,500Christmas 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%*$75k*-Money Market Savings
OTHER TIERS: 0.20% $1k - $25k | 0.25% $25k - $75k

Bonanza Valley State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 BankFirst Street and Central AvenueBrooten, MN 56316