Bonanza Valley State Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.10%	5-year CD	3.10% - Goldman Sachs Bank USA High-yield 5 Year CD
1.50%	Savings	2.00% - American Express National Bank High Yield Savings Account
1.00%	1-year CD	2.55% - Goldman Sachs Bank USA High-yield 12 Month CD

View all Bonanza Valley State Bank rates »

Overview / Commentary

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320-346-2234

147 Central Ave South
Brooten, MN 56316

Bonanza Valley State Bank is headquartered in Brooten and is the 220^th largest bank in the state of Minnesota. It is also the 4,796^th largest bank in the nation. It was established in 1894 and as of June of 2018, it had grown to 10 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 Q2 2018

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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	0.9%
Return on Equity - YTD	10.54%
Annual Interest Income	$1.5MM

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$63.2MM$60.4MM
Loans	Q2 2018vs Q2 2017	$49.7MM$49.4MM
Deposits	Q2 2018vs Q2 2017	$55.3MM$52.4MM
Equity Capital	Q2 2018vs Q2 2017	$5.3MM$5.4MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$449.00K$447.00K
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$101.00K$275.00K
Real Estate Owned	Q2 2018vs Q2 2017	$161.00K$0

Rates

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Savings
Money Market
Checking
CD

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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	$2.5k	Christmas Club Savings
1.50%^*	$250k^*	-	Tiered Savings
OTHER TIERS: 0.40% → $100 - $10k \| 0.75% → $10k - $50k \| 1.00% → $50k - $100k \| 1.25% → $100k - $250k
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
0.55%^*	$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
2.10%	$500	-	60 Month CD
1.80%	$500	-	48 Month CD
1.50%	$500	-	36 Month CD
1.40%	$500	-	30 Month CD
1.30%	$500	-	24 Month CD
1.10%	$500	-	18 Month CD
1.00%	$500	-	12 Month CD
0.70%	$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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