Overview / Commentary
147 Central Ave South
Brooten, MN 56316

Bonanza Valley State Bank is headquartered in Brooten and is the 217th largest bank in the state of Minnesota. It is also the 4,708th largest bank in the nation. It was established in 1894 and as of December of 2018, 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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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

FDIC Certificate #10993
Year Established1894
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.32%
Return on Equity - YTD15.17%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$63.4MM$65.6MM
LoansQ4 2018vs Q4 2017$52.7MM$48.2MM
DepositsQ4 2018vs Q4 2017$54.2MM$57.2MM
Equity CapitalQ4 2018vs Q4 2017$5.9MM$5.8MM
Loan Loss AllowanceQ4 2018vs Q4 2017$472.00K$428.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$242.00K$179.00K
Real Estate OwnedQ4 2018vs Q4 2017$110.00K$0
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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

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$2.5kChristmas Club Savings
1.00%--IRA Savings
0.70%--Health Savings Account

Bonanza Valley State Bank Money Market Rates

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

Bonanza Valley State Bank Checking Account Rates

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

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

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

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