Glenwood State Bank (Incorporated)

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.31%	5-year CD	5 Year CD 2.25% - Ally Bank High Yield 5 Year CD
0.55%	1-year CD	1 Year CD 1.50% - Ally Bank No Penalty 11-Month CD
0.20%	Savings	Savings 1.20% - Ally Bank Online Savings Account

View all Glenwood State Bank (Incorporated) rates »

Overview / Commentary

www.glenwoodstate.com

320-634-5111

5 East Minnesota Street
Glenwood, MN 56334

Glenwood State Bank (Incorporated) is headquartered in Glenwood and is the 64^th largest bank in the state of Minnesota. It is also the 2,464^th largest bank in the nation. It was established in 1907 and as of June of 2017, it had grown to 48 employees at 3 locations. Glenwood State Bank (Incorporated)'s money market rates are 14% higher than the national average, and it has a B health rating.

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Health

B

Data as of Q2 2017

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Health Grade Components

Overall
FDIC Certificate #	8853
Year Established	1907
Employees	48
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	2.15%
Return on Equity - YTD	21.8%
Annual Interest Income	$5.5MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$259.5MM$246.4MM
Loans	Q2 2017vs Q2 2016	$240.5MM$222.6MM
Deposits	Q2 2017vs Q2 2016	$214.6MM$213.5MM
Equity Capital	Q2 2017vs Q2 2016	$26.6MM$23.4MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$3.0MM$2.7MM
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$3.5MM$1.7MM
Real Estate Owned	Q2 2017vs Q2 2016	$1.4MM$1.4MM

Rates

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Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Glenwood State Bank (Incorporated) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%	-	$2,750	Christmas Club Savings
0.65%^*	$50k^*	-	Variable IRA
OTHER TIERS: 0.50% → Up to $50k
0.55%^*	$50k^*	-	HSA Variable
OTHER TIERS: 0.30% → Up to $5k \| 0.40% → $5k - $10k \| 0.45% → $10k - $25k \| 0.50% → $25k - $50k
0.20%	-	-	Savings

Glenwood State Bank (Incorporated) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$200k^*	-	Money Market Savings
OTHER TIERS: 0.20% → Up to $50k \| 0.30% → $50k - $100k \| 0.40% → $100k - $200k

Glenwood State Bank (Incorporated) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	$800	-	NOW Checking

Glenwood State Bank (Incorporated) CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.31%^*	$50k^*	-	5 Year CD
OTHER TIERS: 1.16% → $500 - $10k \| 1.21% → $10k - $25k \| 1.26% → $25k - $50k
1.16%^*	$50k^*	-	4 Year CD
OTHER TIERS: 1.00% → $500 - $10k \| 1.05% → $10k - $25k \| 1.11% → $25k - $50k
0.90%^*	$50k^*	-	3 Year CD
OTHER TIERS: 0.75% → $500 - $10k \| 0.80% → $10k - $25k \| 0.85% → $25k - $50k
0.75%^*	$50k^*	-	30 Month CD
OTHER TIERS: 0.60% → $500 - $10k \| 0.65% → $10k - $25k \| 0.70% → $25k - $50k
0.70%^*	$50k^*	-	2 Year CD
OTHER TIERS: 0.55% → $500 - $10k \| 0.60% → $10k - $25k \| 0.65% → $25k - $50k
0.60%^*	$50k^*	-	18 Month CD
OTHER TIERS: 0.45% → $500 - $10k \| 0.50% → $10k - $25k \| 0.55% → $25k - $50k
0.57%^*	$50k^*	-	15 Month CD
OTHER TIERS: 0.42% → $500 - $10k \| 0.47% → $10k - $25k \| 0.52% → $25k - $50k
0.55%^*	$50k^*	-	1 Year CD
OTHER TIERS: 0.40% → $500 - $10k \| 0.45% → $10k - $25k \| 0.50% → $25k - $50k
0.45%^*	$50k^*	-	6 Month CD
OTHER TIERS: 0.30% → $500 - $10k \| 0.35% → $10k - $25k \| 0.40% → $25k - $50k
0.40%^*	$50k^*	-	7-30 Day CD
OTHER TIERS: 0.25% → $500 - $10k \| 0.30% → $10k - $25k \| 0.35% → $25k - $50k
0.40%^*	$50k^*	-	3 Month CD
OTHER TIERS: 0.25% → $500 - $10k \| 0.30% → $10k - $25k \| 0.35% → $25k - $50k

Glenwood State Bank (Incorporated) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.31%^*	$50k^*	-	5 Year IRA
OTHER TIERS: 1.16% → $500 - $10k \| 1.21% → $10k - $25k \| 1.26% → $25k - $50k
1.16%^*	$50k^*	-	4 Year IRA
OTHER TIERS: 1.00% → $500 - $10k \| 1.05% → $10k - $25k \| 1.11% → $25k - $50k
0.90%^*	$50k^*	-	3 Year IRA
OTHER TIERS: 0.75% → $500 - $10k \| 0.80% → $10k - $25k \| 0.85% → $25k - $50k
0.75%^*	$50k^*	-	30 Month IRA
OTHER TIERS: 0.60% → $500 - $10k \| 0.65% → $10k - $25k \| 0.70% → $25k - $50k
0.70%^*	$50k^*	-	2 Year IRA
OTHER TIERS: 0.55% → $500 - $10k \| 0.60% → $10k - $25k \| 0.65% → $25k - $50k
0.60%^*	$50k^*	-	18 Month IRA
OTHER TIERS: 0.45% → $500 - $10k \| 0.50% → $10k - $25k \| 0.55% → $25k - $50k
0.57%^*	$50k^*	-	15 Month IRA
OTHER TIERS: 0.42% → $500 - $10k \| 0.47% → $10k - $25k \| 0.52% → $25k - $50k
0.55%^*	$50k^*	-	1 Year IRA
OTHER TIERS: 0.40% → $500 - $10k \| 0.45% → $10k - $25k \| 0.50% → $25k - $50k
0.45%^*	$50k^*	-	6 Month IRA
OTHER TIERS: 0.30% → $500 - $10k \| 0.35% → $10k - $25k \| 0.40% → $25k - $50k
0.40%^*	$50k^*	-	7-30 Day IRA
OTHER TIERS: 0.25% → $500 - $10k \| 0.30% → $10k - $25k \| 0.35% → $25k - $50k
0.40%^*	$50k^*	-	3 Month IRA
OTHER TIERS: 0.25% → $500 - $10k \| 0.30% → $10k - $25k \| 0.35% → $25k - $50k

Locations

Glenwood State Bank (Incorporated) Locations
Alexandria Branch	2221 South Broadway	Alexandria, MN 56308
Glenwood State Bank (Incorporated)	5 East Minnesota Street	Glenwood, MN 56334
Detached Facility	Washington and Central Streets	Villard, MN 56385