First State Bank and Trust
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.61% | 5-year CD | 2.27% - National Average |
| 0.50% | 1-year CD | 1.37% - National Average |
| 0.05% | Savings | 2.20% - Barclays Online Savings Account |
First State Bank and Trust is headquartered in Bayport and is the 68th largest bank in the state of Minnesota. It is also the 2,472nd largest bank in the nation. It was established in 1914 and as of December of 2018, it had grown to 70 employees at 7 locations. First State Bank and Trust's money market rates are 2X the national average, and it has an A health rating.
Wonderful Bank
First State Bank and Trust is a wonderful bank. They are really nice and helpful to ALL their customers that walk into the branch. If there is ever an issue, they are quick to resolve it which is really nice. I have locked myself out of my account on multiple occasions and they are always so helpful and quick to help me get right back in. It's a great family like atmosphere upon walking into the branch as well. You really feel valued. You feel like you matter to them at and you aren't just another dollar sign walking in. I really like the ease of their online banking and bill pay system as well. It is easy to set up your payments and they have a helpful way to keep track of just how much you have in bill pay coming out on a monthly basis and what bills are upcoming. I would recommend this bank to family and friends.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 10159 |
| Year Established | 1914 |
| Employees | 70 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.29% |
| Return on Equity - YTD | 14.44% |
| Annual Interest Income | $9.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $256.0MM$243.6MM |
| Loans | Q4 2018vs Q4 2017 | $182.3MM$171.6MM |
| Deposits | Q4 2018vs Q4 2017 | $225.4MM$214.0MM |
| Equity Capital | Q4 2018vs Q4 2017 | $22.5MM$21.9MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $1.8MM$1.7MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $134.00K$326.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$174.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
First State Bank and Trust Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | Statement Savings | |
| 0.05% | - | - | Super Kids Savings | |
| 0.05% | - | - | Health Savings Account |
First State Bank and Trust Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | $1m* | - | Investors Money Market Plus | ||
| OTHER TIERS: 0.05% → Up to $25k | 0.15% → $25k - $75k | 0.25% → $75k - $250k | 0.40% → $250k - $500k | 0.65% → $500k - $1m | |||||
First State Bank and Trust Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.15%* | $50k* | - | FIRST Class Checking | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.10% → $10k - $50k | |||||
| 0.05% | - | - | CroixClub Checking | ||
| 0.05% | - | - | Business Checking with Interest | ||
First State Bank and Trust CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.12% | $1k | - | 33 Month CD Special | |
| 1.85% | $1k | - | 13 Month CD Special | |
| 1.61% | $1k | - | 60 Month CD | |
| 1.25% | $1k | - | 5 Month CD Special | |
| 1.00% | $1k | - | 48-59 Month CD | |
| 0.80% | $1k | - | 36-47 Month CD | |
| 0.60% | $1k | - | 24-35 Month CD | |
| 0.50% | $1k | - | 12-23 Month CD | |
| 0.40% | $1k | - | 6-11 Month CD | |
| 0.20% | $1k | - | 3-5 Month CD |
First State Bank and Trust IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.12% | $1k | - | 33 Month IRA CD Special | |
| 1.85% | $1k | - | 13 Month IRA CD Special | |
| 1.61% | $1k | - | 60 Month IRA CD | |
| 1.25% | $1k | - | 5 Month IRA CD Special | |
| 1.00% | $1k | - | 48-59 Month IRA CD | |
| 0.80% | $1k | - | 36-47 Month IRA CD | |
| 0.60% | $1k | - | 24-35 Month IRA CD | |
| 0.50% | $1k | - | 12 Month IRA CD | |
| 0.40% | $1k | - | 6-11 Month IRA CD | |
| 0.20% | $1k | - | 3-5 Month IRA CD |
| First State Bank and Trust Locations | ||
|---|---|---|
| Stillwater Branch | 125 New England Place | Stillwater, MN 55082 |
| Oak Park Heights Branch | 5891 Neal Avenue North | Oak Park Heights, MN 55082 |
| First State Bank and Trust | 950 North Highway 95 | Bayport, MN 55003 |
| First State Bank and Trust | 219 2nd Street South | Hudson, WI 54016 |
| Woodland Hill Branch | 441 Stageline Road | Hudson, WI 54016 |