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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 206th largest bank in the state of Minnesota. It is also the 4,481st largest bank in the nation. It was established in 1894 and as of December of 2019, it had grown to 12 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
B+

Data as of Q4 2019

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
Employees12
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.14%
Return on Equity - YTD12.75%
Annual Interest Income$3.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$68.0MM$63.4MM
LoansQ4 2019vs Q4 2018$53.7MM$52.7MM
DepositsQ4 2019vs Q4 2018$56.6MM$54.2MM
Equity CapitalQ4 2019vs Q4 2018$6.1MM$5.9MM
Loan Loss AllowanceQ4 2019vs Q4 2018$519.00K$472.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$287.00K$242.00K
Real Estate OwnedQ4 2019vs Q4 2018$110.00K$110.00K
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
1.65%*$250k*-Tiered Savings
OTHER TIERS: 0.40% → $100 - $10k | 0.60% → $10k - $50k | 0.80% → $50k - $100k | 1.30% → $100k - $250k
1.50%$25$2.5kChristmas Club Savings
1.00%--IRA Savings
0.70%--Health Savings Account

Bonanza Valley State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$75k*-Money Market
OTHER TIERS: 0.30% → $1k - $25k | 0.35% → $25k - $75k

Bonanza Valley State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.10%$500-60 Month CD
2.00%$500-48 Month CD
1.80%$500-36 Month CD
1.55%$500-30 Month CD
1.50%$500-24 Month CD
1.35%$500-18 Month CD
1.30%$500-12 Month CD
0.80%$500-6 Month CD
0.40%$500-91 Day CD
Locations


Bonanza Valley State Bank Locations
Bonanza Valley State BankFirst Street and Central AvenueBrooten, MN 56316

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