Advertising Disclosure
  1. Banks
  2. Bonanza Valley State Bank

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 213th largest bank in the state of Minnesota. It is also the 4,294th largest bank in the nation. It was established in 1894 and as of March of 2022, it had grown to 11 employees at 1 location. Bonanza Valley State Bank's savings rates are 92% higher than 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
B

Data as of Q1 2022

Learn why bank health matters
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
Employees11
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.76%
Return on Equity - YTD7.98%
Annual Interest Income$670.00K
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$74.3MM$77.7MM
LoansQ1 2022vs Q1 2021$46.9MM$55.0MM
DepositsQ1 2022vs Q1 2021$63.9MM$66.0MM
Equity CapitalQ1 2022vs Q1 2021$6.8MM$6.9MM
Loan Loss AllowanceQ1 2022vs Q1 2021$365.00K$520.00K
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$44.00K$145.00K
Real Estate OwnedQ1 2022vs Q1 2021$40.00K$144.00K
Rates
Skip to rates for:
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
1.00%$25$2.5kChristmas Club Savings
1.00%--IRA Savings
1.00%*$250k*-Tiered Savings
OTHER TIERS: 0.20% → $100 - $10k | 0.30% → $10k - $50k | 0.50% → $50k - $100k | 0.70% → $100k - $250k
0.70%--Health Savings Account

Bonanza Valley State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$250k*-Money Market
OTHER TIERS: 0.20% → $1k - $25k | 0.25% → $25k - $50k | 0.40% → $50k - $100k | 0.45% → $100k - $250k

Bonanza Valley State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$75k*-Free Interest Checking
OTHER TIERS: 0.10% → $1k - $10k | 0.20% → $10k - $25k | 0.30% → $25k - $75k

Bonanza Valley State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$500-60 Month CD
1.10%$500-48 Month CD
0.90%$500-36 Month CD
0.75%$500-30 Month CD
0.70%$500-24 Month CD
0.65%$500-18 Month CD
0.60%$500-12 Month CD
0.40%$500-6 Month CD
0.30%$500-91 Day CD
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.