Featured Savings Rates
Featured Accounts
Overview / Commentary
218-826-6112
110 Main St
Underwood, MN 56586

Farmers State Bank of Underwood is headquartered in Underwood and is the 221st largest bank in the state of Minnesota. It is also the 4,937th largest bank in the nation. It was established in 1915 and as of June of 2017, it had grown to 16 employees at 3 locations. Farmers State Bank of Underwood has a C+ health rating.

Reviews

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



Health
C+
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. Farmers State Bank of Underwood has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #10174
Year Established1915
Employees16
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.52%
Return on Equity - YTD17.19%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$65.5MM$63.5MM
LoansQ2 2017vs Q2 2016$48.7MM$48.4MM
DepositsQ2 2017vs Q2 2016$59.5MM$58.0MM
Equity CapitalQ2 2017vs Q2 2016$5.8MM$5.4MM
Loan Loss AllowanceQ2 2017vs Q2 2016$602.00K$583.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1.3MM$614.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Farmers State Bank of Underwood; 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 of Underwood Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--Kasasa Saver

Farmers State Bank of Underwood Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*-$15kKasasa Cash
OTHER TIERS: 0.25% $15k+
Locations


Farmers State Bank of Underwood Locations
Dalton Branch105 Main Street WestDalton, MN 56324
Farmers State Bank Of Underwood110 Main StUnderwood, MN 56586
Rothsay Branch119 2nd Street SwRothsay, MN 56579