Featured Savings Rates
Featured Accounts

First State Bank of Grove City

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.46%5-year CD60 Month CD
0.50%1-year CD12 Month CD
0.15%SavingsRegular Savings

Overview / Commentary
320-857-2521
110 Atlantic Avenue West
Grove City, MN 56243

First State Bank of Grove City is headquartered in Grove City and is the 305th largest bank in the state of Minnesota. It is also the 5,850th largest bank in the nation. It was established in 1907 and as of September of 2016, it had grown to 6 employees at 1 location. First State Bank of Grove City has a C+ health rating.

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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. First State Bank of Grove City has a low asset base.

Health Grade Components

Overall
FDIC Certificate #8857
Year Established1907
Employees6
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.4%
Return on Equity - YTD6.64%
Annual Interest Income$706.00K
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$23.4MM$24.9MM
LoansQ3 2016vs Q3 2015$14.8MM$15.5MM
DepositsQ3 2016vs Q3 2015$18.1MM$19.8MM
Equity CapitalQ3 2016vs Q3 2015$5.2MM$5.0MM
Loan Loss AllowanceQ3 2016vs Q3 2015$146.00K$260.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$383.00K$561.00K
Real Estate OwnedQ3 2016vs Q3 2015$15.00K$0
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 of Grove City Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$100-Regular Savings
0.15%$50-Youth Savings

First State Bank of Grove City Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$100k*-Money Market Savings
OTHER TIERS: 0.10% $2,500 - $25k | 0.20% $25k - $50k | 0.30% $50k - $100k

First State Bank of Grove City Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$2,500-Super Now Account
0.10%$900-Now Account

First State Bank of Grove City CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.66%$1k-72 Month CD
1.46%$1k-60 Month CD
1.25%$1k-48 Month CD
1.05%$1k-36 Month CD
0.75%$1k-24 Month CD
0.50%$1k-12 Month CD
0.30%$1k-182 Day CD
Locations


First State Bank of Grove City Locations
First State Bank Of Grove City110 Atlantic Avenue WestGrove City, MN 56243