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First Security Bank (MN)


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.fsbbyron.com
507-775-2316
316 Byron Avenue, North
Byron, MN 55920

First Security Bank (MN) is headquartered in BYRON and is the 133rd largest bank in the state of Minnesota. It is also the 3,418th largest bank in the nation. It was established in 1904 and as of March of 2025, it had grown to 11 employees at 1 location. First Security Bank (MN)'s money market rates are 5X the national average, and it has a B+ health rating.

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Health
B+

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #9728
Year Established1904
Employees11
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.17%
Return on Equity - YTD18.03%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$145.6MM$131.7MM
LoansQ1 2025vs Q1 2024$112.3MM$100.4MM
DepositsQ1 2025vs Q1 2024$115MM$95.4MM
Equity CapitalQ1 2025vs Q1 2024$9.8MM$8.5MM
Loan Loss AllowanceQ1 2025vs Q1 2024$1.2MM$1MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$150K$729K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/1/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Security Bank (MN) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$0-Security Savings Account
0.20%$0-Kids Klub Account

First Security Bank (MN) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.27%*$250k*-Rewards Money Market
OTHER TIERS: 1.76% → $0 - $100k | 2.02% → $100k - $250k
1.56%*$50k*-Money Market Account
OTHER TIERS: 0.35% → $0 - $2.5k | 1.00% → $2.5k - $25k | 1.41% → $25k - $50k

First Security Bank (MN) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$0-Advantage Checking Account

First Security Bank (MN) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.14%$500-182 Day CD
4.14%$250-Youth 182 Day CD
4.05%$25k-9 Month CD
4.05%$250-Youth 9 Month CD
3.02%$500-12 Month CD
3.02%$500-18 Month CD
3.02%$500-24 Month CD
3.02%$500-60 Month CD
3.02%$250-Youth 12 Month CD
3.02%$250-Youth 18 Month CD
3.02%$250-Youth 24 Month CD
3.02%$250-Youth 60 Month CD
2.77%$500-48 Month CD
2.77%$250-Youth 48 Month CD
2.52%$500-36 Month CD
2.52%$250-Youth 36 Month CD
0.50%$500-90 Day CD
0.50%$250-Youth 90 Day CD

First Security Bank (MN) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%$50-Variable Rate IRA
Locations


First Security Bank (MN) Locations
First Security Bank316 Byron Ave NByron, MN 55920

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