Featured Savings Rates
Featured Accounts

Community Development Bank, FSB

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.30%5-year CD60 Month CD
0.35%1-year CD12 Month CD
0.05%SavingsPassbook Savings

Overview / Commentary
218-983-3241
516 Main Street
Ogema, MN 56569

Community Development Bank, FSB is headquartered in Ogema and is the 201st largest bank in the state of Minnesota. It is also the 4,927th largest bank in the nation. It was established in 1906 and as of June of 2016, it had grown to 15 employees at 2 locations. Community Development Bank, FSB 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. Community Development Bank, FSB has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #10568
Year Established1906
Employees15
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.81%
Return on Equity - YTD6.94%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$74.4MM$72.3MM
LoansQ2 2016vs Q2 2015$53.1MM$43.1MM
DepositsQ2 2016vs Q2 2015$60.2MM$61.4MM
Equity CapitalQ2 2016vs Q2 2015$8.6MM$8.1MM
Loan Loss AllowanceQ2 2016vs Q2 2015$1.0MM$852.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$102.00K$50.00K
Real Estate OwnedQ2 2016vs Q2 2015$174.00K$238.00K
Rates
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Community Development Bank, FSB Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.05%--IRA Savings
1.05%--Roth IRA Savings
1.05%--Coverdell Education Savings Account
0.05%$50-Passbook Savings

Community Development Bank, FSB Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$25k-Superior Money Market
0.15%$10k-Super Money Market
0.10%$2,500-Regular Money Market

Community Development Bank, FSB Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$5k-Superior Now Account
0.10%$2,500-Super Now Account
0.05%$750-Now Account

Community Development Bank, FSB CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$100-60 Month CD
1.05%$100-48 Month CD
0.80%$100-36 Month CD
0.55%$100-24 Month CD
0.45%$100-18 Month CD
0.35%$100-12 Month CD
0.25%$100-6 Month CD
0.15%$100-3 Month CD

Community Development Bank, FSB IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$100-60 Month IRA
1.05%$100-48 Month IRA
0.80%$100-36 Month IRA
0.55%$100-24 Month IRA
0.45%$100-18 Month IRA
0.35%$100-12 Month IRA
0.25%$100-6 Month IRA
0.15%$100-3 Month IRA
Locations


Community Development Bank, FSB Locations
Community Development Bank, FSB516 Main StreetOgema, MN 56569
Hancock Branch570 6th StreetHancock, MN 56244