Grand Timber Bank


Overview / Commentary
218-768-2410
204 North Maddy Street
Mcgregor, MN 55760

Grand Timber Bank is headquartered in Mcgregor and is the 224th largest bank in the state of Minnesota. It is also the 4,534th largest bank in the nation. It was established in 1963 and as of September of 2021, it had grown to 10 employees at 1 location. Grand Timber Bank has a B+ health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+
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. Grand Timber Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #18719
Year Established1963
Employees10
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.64%
Return on Equity - YTD14.97%
Annual Interest Income$1.7MM
Assets and Liabilities
AssetsQ3 2021vs Q3 2020$59.0MM$52.3MM
LoansQ3 2021vs Q3 2020$34.5MM$31.9MM
DepositsQ3 2021vs Q3 2020$53.0MM$45.4MM
Equity CapitalQ3 2021vs Q3 2020$5.9MM$6.8MM
Loan Loss AllowanceQ3 2021vs Q3 2020$862.00K$822.00K
Unbacked Noncurrent LoansQ3 2021vs Q3 2020$744.00K$1.1MM
Real Estate OwnedQ3 2021vs Q3 2020$46.00K$154.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Grand Timber Bank; we are a rate comparison website and cannot provide official rates or promotions.

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

Grand Timber Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$50-Statement Savings Account
0.10%--Housing/Lawyer Trust

Grand Timber Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$25k*-Money Market Savings Account
OTHER TIERS: 0.10% Up to $2.5k | 0.15% $2.5k - $25k

Grand Timber Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$600-Now Checking Account

Grand Timber Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$75k*-36 Month CD
OTHER TIERS: 0.70% $500 - $25k | 0.80% $25k - $75k
0.80%*$75k*-30 Month CD
OTHER TIERS: 0.60% $500 - $25k | 0.70% $25k - $75k
0.70%*$75k*-24 Month CD
OTHER TIERS: 0.50% $500 - $25k | 0.60% $25k - $75k
0.60%*$75k*-18 Month CD
OTHER TIERS: 0.40% $500 - $25k | 0.50% $25k - $75k
0.55%*$75k*-12 Month CD
OTHER TIERS: 0.35% $500 - $25k | 0.45% $25k - $75k
0.30%$2.5k-182 Day CD
0.20%$2.5k-91 Day CD

Grand Timber Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$75k*-36 Month IRA
OTHER TIERS: 0.70% $500 - $25k | 0.80% $25k - $75k
0.80%*$75k*-30 Month IRA
OTHER TIERS: 0.60% $500 - $25k | 0.70% $25k - $75k
0.70%*$75k*-24 Month IRA
OTHER TIERS: 0.50% $500 - $25k | 0.60% $25k - $75k
0.60%*$75k*-18 Month IRA
OTHER TIERS: 0.40% $500 - $25k | 0.50% $25k - $75k
0.55%*$75k*-12 Month IRA
OTHER TIERS: 0.35% $500 - $25k | 0.45% $25k - $75k
0.30%$2.5k-182 Day IRA
0.20%$2.5k-91 Day IRA
Locations


Grand Timber Bank Locations
Grand Timber Bank204 North Maddy StreetMcgregor, MN 55760

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.