Ergo Bank

Overview / Commentary

www.ergobank.com

920-398-2336

86 East Water Street
Markesan, WI 53946

Ergo Bank is headquartered in Markesan and is the 170^th largest bank in the state of Wisconsin. It is also the 4,238^th largest bank in the nation. It was established in 1910 and as of June of 2019, 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+

Data as of Q2 2019

Learn why bank health matters

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 Established	1910
Employees	19
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.41%
Return on Equity - YTD	3.14%
Annual Interest Income	$2.0MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$89.1MM$82.4MM
Loans	Q2 2019vs Q2 2018	$68.1MM$61.9MM
Deposits	Q2 2019vs Q2 2018	$77.3MM$68.9MM
Equity Capital	Q2 2019vs Q2 2018	$11.5MM$11.1MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$1.2MM$961.00K
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$1.1MM$953.00K
Real Estate Owned	Q2 2019vs Q2 2018	$25.00K$25.00K

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Ergo Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.41%	$100	-	Variable Rate IRA Account
0.30%	-	-	Go Statement Savings Account
0.30%	-	-	Business Savings

Ergo Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
2.46%	$500	-	60 Month CD
2.16%	$500	-	48 Month CD
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

APY	MIN	MAX	ACCOUNT NAME
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 Branch	314 West State Street	Fox Lake, WI 53933
Farmers State Bank	86 East Water Street	Markesan, WI 53946

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