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 252nd largest bank in the state of Minnesota. It is also the 5,045th largest bank in the nation. It was established in 1963 and as of December of 2018, it had grown to 10 employees at 1 location. Grand Timber Bank's CD rates are 51% higher than the national average, and it has a B health rating.

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Health
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 Established1963
Employees10
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.49%
Return on Equity - YTD11.26%
Annual Interest Income$1.9MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$43.3MM$41.6MM
LoansQ4 2018vs Q4 2017$27.1MM$25.8MM
DepositsQ4 2018vs Q4 2017$37.5MM$35.9MM
Equity CapitalQ4 2018vs Q4 2017$5.7MM$5.7MM
Loan Loss AllowanceQ4 2018vs Q4 2017$829.00K$869.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$1.2MM$1.3MM
Real Estate OwnedQ4 2018vs Q4 2017$79.00K$392.00K
Rates
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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
0.15%$50-Statement Savings Account
0.15%--Housing/Lawyer Trust

Grand Timber Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$25k*-Money Market Savings Account
OTHER TIERS: 0.20% Up to $2.5k | 0.25% $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
1.86%*$75k*-36 Month CD
OTHER TIERS: 1.66% $500 - $25k | 1.76% $25k - $75k
1.71%*$75k*-30 Month CD
OTHER TIERS: 1.51% $500 - $25k | 1.61% $25k - $75k
1.56%*$75k*-24 Month CD
OTHER TIERS: 1.36% $500 - $25k | 1.46% $25k - $75k
1.41%*$75k*-18 Month CD
OTHER TIERS: 1.21% $500 - $25k | 1.31% $25k - $75k
1.36%*$75k*-12 Month CD
OTHER TIERS: 1.16% $500 - $25k | 1.26% $25k - $75k
0.75%$2.5k-182 Day CD
0.60%$2.5k-91 Day CD

Grand Timber Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.86%*$75k*-36 Month IRA
OTHER TIERS: 1.66% $500 - $25k | 1.76% $25k - $75k
1.71%*$75k*-30 Month IRA
OTHER TIERS: 1.51% $500 - $25k | 1.61% $25k - $75k
1.56%*$75k*-24 Month IRA
OTHER TIERS: 1.36% $500 - $25k | 1.46% $25k - $75k
1.41%*$75k*-18 Month IRA
OTHER TIERS: 1.21% $500 - $25k | 1.31% $25k - $75k
1.36%*$75k*-12 Month IRA
OTHER TIERS: 1.16% $500 - $25k | 1.26% $25k - $75k
0.75%$2.5k-182 Day IRA
0.60%$2.5k-91 Day IRA
Locations


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

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