Community Bank Mankato

Overview / Commentary

www.cbfg.net

507-549-3679

201 East Main Street
Vernon Center, MN 56090

Community Bank Mankato is headquartered in Vernon Center and is the 49^th largest bank in the state of Minnesota. It is also the 1,927^th largest bank in the nation. It was established in 1929 and as of March of 2022, it had grown to 66 employees at 5 locations. Community Bank Mankato's money market rates are 2X the national average, and it has an A health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q1 2022

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	9760
Year Established	1929
Employees	66
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.27%
Return on Equity - YTD	15.57%
Annual Interest Income	$4.2MM

Assets and Liabilities
Assets	Q1 2022vs Q1 2021	$437.4MM$386.2MM
Loans	Q1 2022vs Q1 2021	$344.1MM$315.2MM
Deposits	Q1 2022vs Q1 2021	$398.6MM$350.6MM
Equity Capital	Q1 2022vs Q1 2021	$35.7MM$31.4MM
Loan Loss Allowance	Q1 2022vs Q1 2021	$4.2MM$3.8MM
Unbacked Noncurrent Loans	Q1 2022vs Q1 2021	$155.00K$1.9MM
Real Estate Owned	Q1 2022vs Q1 2021	$587.00K$587.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Community Bank Mankato; 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.

Community Bank Mankato Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%	-	-	Health Savings Account (HSA)
0.40%^*	$250k^*	-	Primetime Savings
OTHER TIERS: 0.15% → Up to $50k \| 0.25% → $50k - $100k \| 0.30% → $100k - $250k
0.30%	-	-	Young Ones Savings Account
0.25%^*	$100k^*	-	Prestige Savings Account
OTHER TIERS: 0.05% → Up to $25k \| 0.10% → $25k - $50k \| 0.15% → $50k - $100k

Community Bank Mankato Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.90%^*	$250k^*	-	Blue Chip MMDA
OTHER TIERS: 0.30% → Up to $25k \| 0.50% → $25k - $100k \| 0.70% → $100k - $250k

Community Bank Mankato Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%^*	$250k^*	-	Primetime Checking
OTHER TIERS: 0.05% → Up to $25k \| 0.10% → $25k - $50k \| 0.15% → $50k - $100k \| 0.20% → $100k - $250k
0.20%^*	$100k^*	-	Advantage Checking
OTHER TIERS: 0.05% → Up to $50k \| 0.10% → $50k - $100k
0.05%	$200	-	Basic Interest Checking Account

Community Bank Mankato CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.49%	$5k	-	23 Month CD Special
0.89%	$5k	-	9 Month CD Special
0.60%	$1k	-	48 Month CD
0.50%	$1k	-	36 Month CD
0.35%	$1k	-	24 Month CD
0.25%	$1k	-	12 Month CD
0.20%	$1k	-	6 Month CD
0.10%	$1k	-	3 Month CD

Community Bank Mankato IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.49%	$5k	-	23 Month IRA Special
0.89%	$5k	-	9 Month IRA Special
0.60%	$1k	-	48 Month IRA
0.50%	$1k	-	36 Month IRA
0.40%	$100	-	18 Month Add-on IRA
0.35%	$1k	-	24 Month IRA
0.25%	$1k	-	12 Month IRA
0.20%	$1k	-	6 Month IRA
0.10%	$1k	-	3 Month IRA

Locations

Community Bank Mankato Locations
Community Bank Mankato	201 East Main Street	Vernon Center, MN 56090
Amboy Branch	203 East Main Street	Amboy, MN 56010
Mankato Branch	300 St. Andrews Drive	Mankato, MN 56001
Mankato Branch	951 Madison Avenue	Mankato, MN 56001
Eagle Lake Branch	405 Parkway Avenue	Eagle Lake, MN 56024

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.