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%SavingsRegular 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 4,790th largest bank in the nation. It was established in 1906 and as of March of 2017, it had grown to 14 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
Employees14
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.88%
Return on Equity - YTD7.49%
Annual Interest Income$773.00K
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$75.9MM$71.7MM
LoansQ1 2017vs Q1 2016$55.2MM$49.1MM
DepositsQ1 2017vs Q1 2016$63.9MM$59.8MM
Equity CapitalQ1 2017vs Q1 2016$9.0MM$8.4MM
Loan Loss AllowanceQ1 2017vs Q1 2016$1.1MM$977.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$991.00K$90.00K
Real Estate OwnedQ1 2017vs Q1 2016$22.00K$242.00K
Rates
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Community Development Bank, FSB Savings Account Rates

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