Featured Savings Rates
Featured Accounts
Overview / Commentary
320-764-2600
Meeker And Second Avenue
Watkins, MN 55389

Farmers State Bank of Watkins is headquartered in Watkins and is the 257th largest bank in the state of Minnesota. It is also the 5,232nd largest bank in the nation. It was established in 1914 and as of December of 2017, it had grown to 9 employees at 1 location. Farmers State Bank of Watkins has a B health rating.

Reviews

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



Health
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 Watkins has a low asset base.

Health Grade Components

Overall
FDIC Certificate #8864
Year Established1914
Employees9
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.14%
Return on Equity - YTD9.75%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$46.2MM$44.8MM
LoansQ4 2017vs Q4 2016$20.1MM$19.9MM
DepositsQ4 2017vs Q4 2016$40.7MM$39.4MM
Equity CapitalQ4 2017vs Q4 2016$5.2MM$5.2MM
Loan Loss AllowanceQ4 2017vs Q4 2016$252.00K$287.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$667.00K$578.00K
Real Estate OwnedQ4 2017vs Q4 2016$107.00K$112.00K
Rates
Report an Issue

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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$50-Passbook Savings

Farmers State Bank of Watkins Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$1k-Cash Management Account

Farmers State Bank of Watkins Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$800-NOW Account

Farmers State Bank of Watkins CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%*$2,500*-30 Month CD
OTHER TIERS: 0.75% $500 - $2,500
0.70%*$5k*-24 Month CD
OTHER TIERS: 0.65% $500 - $5k
0.50%*$5k*-18 Month CD
OTHER TIERS: 0.45% $500 - $5k
0.45%*$5k*-12 Month CD
OTHER TIERS: 0.40% $500 - $5k
0.25%$2,500-91 Day CD
0.25%*$10k*-182 Day CD
OTHER TIERS: 0.20% $2,500 - $10k

Farmers State Bank of Watkins IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.80%$250-30 Month IRA Certificate
Locations


Farmers State Bank of Watkins Locations
Farmers State Bank Of WatkinsMeeker and Second AvenueWatkins, MN 55389

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.