Glenwood State Bank (Incorporated)

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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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

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.glenwoodstate.bank

320-634-5111

5 East Minnesota Street
Glenwood, MN 56334

Glenwood State Bank (Incorporated) is headquartered in GLENWOOD and is the 41^st largest bank in the state of Minnesota. It is also the 1,708^th largest bank in the nation. It was established in 1907 and as of March of 2025, it had grown to 73 employees at 3 locations. Glenwood State Bank (Incorporated) has a B+ health rating.

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Health

B+

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	8853
Year Established	1907
Employees	73
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.23%
Return on Equity - YTD	13.63%
Annual Interest Income	$7.8MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$540.7MM$530.6MM
Loans	Q1 2025vs Q1 2024	$488.8MM$496MM
Deposits	Q1 2025vs Q1 2024	$469.2MM$452.2MM
Equity Capital	Q1 2025vs Q1 2024	$50.2MM$45.9MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$5.8MM$5.6MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$7MM$3.5MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$211K

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

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

up to $300

Our Rating

4.2 / 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

Sorry, we do not have rate data for Glenwood State Bank (Incorporated).

Locations

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

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