Featured Savings Rates
Featured Accounts

Bonanza Valley State Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.60%5-year CD60 Month CD
1.00%SavingsTiered Savings
0.60%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 220th largest bank in the state of Minnesota. It is also the 4,897th largest bank in the nation. It was established in 1894 and as of September of 2017, it had grown to 10 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.

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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 - YTD1.2%
Return on Equity - YTD13.43%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$66.0MM$60.2MM
LoansQ3 2017vs Q3 2016$49.1MM$49.1MM
DepositsQ3 2017vs Q3 2016$57.7MM$51.0MM
Equity CapitalQ3 2017vs Q3 2016$5.6MM$5.8MM
Loan Loss AllowanceQ3 2017vs Q3 2016$391.00K$404.00K
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$0$377.00K
Real Estate OwnedQ3 2017vs Q3 2016$0$0
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
1.00%*$100k*-Tiered Savings
OTHER TIERS: 0.25% $100 - $2,500 | 0.35% $2,500 - $10k | 0.60% $10k - $50k | 0.85% $50k - $100k
0.70%--Health Savings Account
0.65%--IRA Savings

Bonanza Valley State Bank Money Market Rates

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

Bonanza Valley State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.60%$500-60 Month CD
1.25%$500-48 Month CD
0.95%$500-36 Month CD
0.85%$500-30 Month CD
0.80%$500-24 Month CD
0.65%$500-18 Month CD
0.60%$500-12 Month CD
0.40%$500-6 Month CD
0.35%$500-91 Day CD
Locations


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