Grand Timber Bank

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.64%	1-year CD	12 Month CD 1.40% - Synchrony Bank 12 Month CD
0.11%	Savings	Statement Savings Account 1.20% - Goldman Sachs Bank USA Online Savings
1.08%	3-year CD	30 Month CD 1.85% - Synchrony Bank 36 Month CD

View all Grand Timber Bank rates »

Overview / Commentary

www.grandtimberbank.com

218-768-2410

204 North Maddy Street
Mcgregor, MN 55760

Grand Timber Bank is headquartered in Mcgregor and is the 270^th largest bank in the state of Minnesota. It is also the 5,463^rd largest bank in the nation. It was established in 1963 and as of March of 2017, it had grown to 9 employees at 1 location. Grand Timber Bank has a C+ health rating.

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Health

C+

Data as of Q1 2017

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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 low asset base.

Health Grade Components

Overall
FDIC Certificate #	18719
Year Established	1963
Employees	9
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.36%
Return on Equity - YTD	8.62%
Annual Interest Income	$433.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$42.0MM$43.1MM
Loans	Q1 2017vs Q1 2016	$25.7MM$25.9MM
Deposits	Q1 2017vs Q1 2016	$35.1MM$36.0MM
Equity Capital	Q1 2017vs Q1 2016	$6.8MM$6.4MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$878.00K$1.0MM
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$865.00K$1.3MM
Real Estate Owned	Q1 2017vs Q1 2016	$494.00K$392.00K

Rates

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* 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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.11%	$50	-	Statement Savings Account
0.11%	-	-	Housing/Lawyer Trust

Grand Timber Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$25k^*	-	Money Market Savings Account
OTHER TIERS: 0.10% → Up to $2,500 \| 0.15% → $2,500 - $25k

Grand Timber Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$600	-	Now Checking Account

Grand Timber Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.30%^*	$75k^*	-	36 Month CD
OTHER TIERS: 1.09% → $500 - $25k \| 1.20% → $25k - $75k
1.08%^*	$75k^*	-	30 Month CD
OTHER TIERS: 0.88% → $500 - $25k \| 0.98% → $25k - $75k
0.90%^*	$75k^*	-	24 Month CD
OTHER TIERS: 0.70% → $500 - $25k \| 0.80% → $25k - $75k
0.70%^*	$75k^*	-	18 Month CD
OTHER TIERS: 0.50% → $500 - $25k \| 0.60% → $25k - $75k
0.64%^*	$75k^*	-	12 Month CD
OTHER TIERS: 0.44% → $500 - $25k \| 0.54% → $25k - $75k
0.33%	$2,500	-	182 Day CD
0.22%	$2,500	-	91 Day CD

Locations

Grand Timber Bank Locations
Grand Timber Bank	204 North Maddy Street	Mcgregor, MN 55760