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First State Bank and Trust


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.54%
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
APY APY = Annual Percentage Yield Rates as of 3/27/2025
3.80%
Our Rating
4.3  / 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 3/27/2025
3.70%
Our Rating
4.3  / 5
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 3/27/2025
4.41%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.50%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.39%
Our Rating
3.6  / 5
Valley National Bank
High-Yield Savings Account Via Raisin
See Offer
Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.25%
Our Rating
3.7  / 5
Sallie Mae Bank
14 Month High-Yield CD Via Raisin
See Offer
Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 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.fsbt.com
651-439-5195
950 North Highway 95
Bayport, MN 55003

First State Bank and Trust is headquartered in BAYPORT and is the 57th largest bank in the state of Minnesota. It is also the 2,013th largest bank in the nation. It was established in 1914 and as of December of 2024, it had grown to 73 employees at 4 locations. First State Bank and Trust's money market rates are 6X the national average, and it has a B+ health rating.

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Health
B+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #10159
Year Established1914
Employees73
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.39%
Return on Equity - YTD17.96%
Annual Interest Income$19.4MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$423.9MM$406MM
LoansQ4 2024vs Q4 2023$283.3MM$266.8MM
DepositsQ4 2024vs Q4 2023$387.3MM$372.1MM
Equity CapitalQ4 2024vs Q4 2023$33.2MM$30.1MM
Loan Loss AllowanceQ4 2024vs Q4 2023$3.5MM$3.2MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$0$536K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.54%
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
APY APY = Annual Percentage Yield Rates as of 3/27/2025
3.80%
Our Rating
4.3  / 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 3/27/2025
3.70%
Our Rating
4.3  / 5
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 3/27/2025
4.41%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.50%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.39%
Our Rating
3.6  / 5
Valley National Bank
High-Yield Savings Account Via Raisin
See Offer
Sponsored Note: Valley National Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 3/27/2025
4.25%
Our Rating
3.7  / 5
Sallie Mae Bank
14 Month High-Yield CD Via Raisin
See Offer
Sponsored Note: Sallie Mae Bank, Member FDIC. $1 minimum, with no fees to open and maintain through Raisin. $250 bonus for new customers with a minimum deposit of $25,000 with promo code GET250.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 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 State Bank and Trust Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$5k*-Health Savings Account
OTHER TIERS: 0.15% → $0 - $5k
0.05%$100-Statement Savings
0.05%$0-Super Kids Savings
0.05%$100-Business Statement Savings

First State Bank and Trust Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.53%*$500k*-Investors Money Market Plus
OTHER TIERS: 0.50% → $0 - $25k | 1.00% → $25k - $75k | 1.51% → $75k - $250k | 2.02% → $250k - $500k
2.53%*$500k*-Business Investors Plus Money Market
OTHER TIERS: 0.50% → $0 - $25k | 1.00% → $25k - $75k | 1.51% → $75k - $250k | 2.02% → $250k - $500k

First State Bank and Trust Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$50k*-FIRST Class Checking
OTHER TIERS: 0.05% → $0 - $50k
0.05%$0-CroixClub Checking
0.01%$0-Business Checking with Interest

First State Bank and Trust CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.10%$1k-7 Month CD Special
4.10%$1k-Business 7 Month CD Special
3.75%$1k-13 Month CD Special
3.75%$1k-Business 13 Month CD Special
2.52%$1k-33 Month CD Special
2.52%$1k-Business 33 Month CD Special
1.51%$1k-60 Month CD
1.51%$1k-Business 60 Month CD
1.26%$1k-48-59 Month CD
1.26%$1k-Business 48-59 Month CD
1.00%$1k-36-47 Month CD
1.00%$1k-Business 36-47 Month CD
0.75%$1k-24-35 Month CD
0.75%$1k-Business 24-35 Month CD
0.50%$1k-12-23 Month CD
0.50%$1k-Business 12-23 Month CD
0.25%$1k-6-11 Month CD
0.25%$1k-Business 6-11 Month CD
0.05%$1k-3-5 Month CD
0.05%$1k-Business 3-5 Month CD

First State Bank and Trust IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.10%$1k-7 Month IRA CD Special
3.75%$1k-13 Month IRA CD Special
2.52%$1k-33 Month IRA CD Special
1.51%$1k-60 Month IRA CD
1.26%$1k-48-59 Month IRA CD
1.00%$1k-36-47 Month IRA CD
0.75%$1k-24-35 Month IRA CD
0.50%$1k-12-13 Month IRA CD
0.25%$1k-6-11 Month IRA CD
0.05%$1k-3-5 Month IRA CD
Locations


First State Bank and Trust Locations
Stillwater Branch125 New England PlaceStillwater, MN 55082
Oak Park Heights Branch5891 Neal Avenue NorthOak Park Heights, MN 55082
First State Bank and Trust950 Highway 95 NBayport, MN 55003
Woodland Hill Branch441 Stageline RoadHudson, WI 54016
Hudson, Wi Branch680 Annabelle WayHudson, WI 54016

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