Overview / Commentary
516 Main Street
Ogema, MN 56569

Community Development Bank, FSB is headquartered in Ogema and is the 107th largest bank in the state of Minnesota. It is also the 3,237th largest bank in the nation. It was established in 1906 and as of June of 2018, it had grown to 31 employees at 3 locations. Community Development Bank, FSB has an A+ health rating.


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Health Grade Components

FDIC Certificate #10568
Year Established1906
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD5.71%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$168.3MM$76.6MM
LoansQ2 2018vs Q2 2017$108.4MM$57.8MM
DepositsQ2 2018vs Q2 2017$144.0MM$63.8MM
Equity CapitalQ2 2018vs Q2 2017$20.2MM$9.2MM
Loan Loss AllowanceQ2 2018vs Q2 2017$1.2MM$1.0MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$582.00K$577.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$22.00K
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Community Development Bank, FSB CD Rates

1.30%$100-60 Month CD
1.05%$100-48 Month CD
0.80%$100-36 Month CD
0.60%$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 Locations
Community Development Bank, FSB516 Main StreetOgema, MN 56569
Hancock Branch570 6th StreetHancock, MN 56244
Saint Michael Branch12725 43rd Street, N.E.Saint Michael, MN 55376

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