Featured Savings Rates
Featured Accounts

Farmers State Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.51%Reward CheckingKasasa Cash
0.50%Reward SavingsKasasa Saver
1.05%5-year CD60 Month "Opt Up" CD

Overview / Commentary
507-845-2233
601 N. Broadway
Hartland, MN 56042

Farmers State Bank is headquartered in Hartland and is the 133rd largest bank in the state of Minnesota. It is also the 3,915th largest bank in the nation. It was established in 1912 and as of December of 2016, it had grown to 22 employees at 3 locations. Farmers State Bank has an A+ health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
A+

Health Grade Components

Overall
FDIC Certificate #10561
Year Established1912
Employees22
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.55%
Return on Equity - YTD13.21%
Annual Interest Income$5.5MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$125.8MM$118.4MM
LoansQ4 2016vs Q4 2015$98.5MM$89.5MM
DepositsQ4 2016vs Q4 2015$106.9MM$101.4MM
Equity CapitalQ4 2016vs Q4 2015$14.8MM$13.9MM
Loan Loss AllowanceQ4 2016vs Q4 2015$947.00K$807.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$69.00K$301.00K
Real Estate OwnedQ4 2016vs Q4 2015$388.00K$9.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Farmers State 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.

Farmers State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.11%--Individual Retirement Account
1.11%--Roth Individual Retirement Account
0.75%*$5k*-Health Savings Account
OTHER TIERS: 0.25% Up to $5k
0.75%*$5k*-Business Health Savings Account
OTHER TIERS: 0.25% Up to $5k
0.50%*$500k*-Business Savings
OTHER TIERS: 0.05% $5k - $25k | 0.15% $25k - $100k | 0.30% $100k - $500k
0.50%*-$15kKasasa Saver
OTHER TIERS: 0.25% $15k+
0.40%*$75k*-Prime Savings
OTHER TIERS: 0.05% $5k - $15k | 0.10% $15k - $50k | 0.20% $50k - $75k
0.05%--Simple Savings

Farmers State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$75k*-Money Market Deposit Account
OTHER TIERS: 0.05% $5k - $50k | 0.15% $50k - $75k

Farmers State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*-$15kKasasa Cash
OTHER TIERS: 0.25% $15k+
0.15%--Classic Checking
0.10%*$5k*-Growth Checking
OTHER TIERS: 0.05% $2,500 - $5k
0.05%--Small Business Checking

Farmers State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.11%$500-48 Month CD
1.11%$500-Business 48 Month CD
1.05%$500-60 Month "Opt Up" CD
1.05%$500-Business 60 Month "Opt Up" CD
0.90%$500-36 Month CD
0.90%$500-33 Month "Opt Up" CD
0.90%$500-Business 33 Month "Opt Up" CD
0.90%$500-Business 36 Month CD
0.70%$500-24 Month CD
0.70%$500-Business 24 Month CD
0.50%*$100k*-18 Month CD
OTHER TIERS: 0.35% $500 - $50k | 0.40% $50k - $100k
0.50%*$100k*-Business 18 Month CD
OTHER TIERS: 0.35% $500 - $50k | 0.40% $50k - $100k
0.45%*$100k*-12 Month CD
OTHER TIERS: 0.30% $500 - $50k | 0.35% $50k - $100k
0.45%*$100k*-Business 12 Month CD
OTHER TIERS: 0.30% $500 - $50k | 0.35% $50k - $100k
0.25%*$100k*-6 Month CD
OTHER TIERS: 0.10% $500 - $50k | 0.15% $50k - $100k
0.25%*$100k*-Business 6 Month CD
OTHER TIERS: 0.10% $500 - $50k | 0.15% $50k - $100k
Locations


Farmers State Bank Locations
Albert Lea Branch1452 W. Main St.Albert Lea, MN 56007
Freeborn Branch215 5th AveFreeborn, MN 56032
Farmers State Bank Of Hartland601 N. BroadwayHartland, MN 56042