Ergo Bank


Overview / Commentary
920-398-2336
86 East Water Street
Markesan, WI 53946

Ergo Bank is headquartered in Markesan and is the 176th largest bank in the state of Wisconsin. It is also the 4,344th largest bank in the nation. It was established in 1910 and as of December of 2018, it had grown to 19 employees at 2 locations. Ergo Bank's money market rates are 4X 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. Ergo Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #10004
Year Established1910
Employees19
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD6.32%
Annual Interest Income$3.7MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$86.8MM$79.5MM
LoansQ4 2018vs Q4 2017$62.6MM$56.2MM
DepositsQ4 2018vs Q4 2017$74.9MM$67.6MM
Equity CapitalQ4 2018vs Q4 2017$11.4MM$11.0MM
Loan Loss AllowanceQ4 2018vs Q4 2017$1.0MM$893.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$1.8MM$1.2MM
Real Estate OwnedQ4 2018vs Q4 2017$25.00K$25.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Ergo Bank; 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.

Ergo Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.41%$100-Variable Rate IRA Account
0.30%--Go Statement Savings Account
0.30%--Business Savings

Ergo Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.77%*$250k*-Go Money Market
OTHER TIERS: 0.20% Up to $5k | 0.35% $5k - $25k | 0.50% $25k - $50k | 0.65% $50k - $75k | 0.85% $75k - $100k | 1.16% $100k - $250k
1.77%*$250k*-Business Money Market Account
OTHER TIERS: 0.20% Up to $5k | 0.35% $5k - $25k | 0.50% $25k - $50k | 0.65% $50k - $75k | 0.85% $75k - $100k | 1.16% $100k - $250k

Ergo Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%$1k-Non-Profit Business Checking
0.40%*$15k*-Health Savings Account
OTHER TIERS: 0.01% Up to $500 | 0.30% $500 - $5k | 0.35% $5k - $15k
0.01%$1k-Go Checking

Ergo Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.46%$500-60 Month CD
2.46%$5k-48 Month CD Special (New Money Only)
2.16%$500-48 Month CD
2.16%$5k-36 Month CD Special (New Money)
1.91%$500-36 Month CD
1.76%$500-30 Month CD
1.66%$500-24 Month CD
1.56%$500-18 Month CD
1.46%$500-12 Month CD
1.35%$1k-182 Day CD
1.15%$2.5k-91 Day CD
1.00%$2.5k-31 Day CD

Ergo Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.16%$500-48 Month Fixed Rate IRA
1.91%$500-36 Month Fixed Rate IRA
1.56%$100-18 Month Fixed Rate IRA
Locations


Ergo Bank Locations
314 West State Street Branch314 West State StreetFox Lake, WI 53933
Farmers State Bank86 East Water StreetMarkesan, WI 53946

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