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 1.40% - Synchrony Bank 12 Month CD
0.20%	Savings	Savings 1.20% - Synchrony Bank High Yield Savings

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 62^nd largest bank in the state of Minnesota. It is also the 2,511^th largest bank in the nation. It was established in 1907 and as of March of 2017, it had grown to 47 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 Q1 2017

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Health Grade Components

Overall
FDIC Certificate #	8853
Year Established	1907
Employees	47
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.08%
Return on Equity - YTD	11.17%
Annual Interest Income	$2.7MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$254.3MM$242.5MM
Loans	Q1 2017vs Q1 2016	$235.0MM$214.1MM
Deposits	Q1 2017vs Q1 2016	$220.0MM$210.8MM
Equity Capital	Q1 2017vs Q1 2016	$24.8MM$23.3MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$2.9MM$2.6MM
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$4.0MM$2.9MM
Real Estate Owned	Q1 2017vs Q1 2016	$1.4MM$1.4MM

Rates

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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