Grand Timber Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.69%	1-year CD	12 Month CD 2.10% - Goldman Sachs Bank USA High-yield 12 Month CD
0.11%	Savings	Statement Savings Account 1.30% - Nationwide Bank Online Savings Account
1.13%	3-year CD	30 Month CD 2.35% - 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 265^th largest bank in the state of Minnesota. It is also the 5,310^th largest bank in the nation. It was established in 1963 and as of December of 2017, it had grown to 10 employees at 1 location. Grand Timber Bank has a C+ health rating.

Reviews

Write a Review

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

Health

C+

Data as of Q4 2017

Learn why bank health matters

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	10
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.34%
Return on Equity - YTD	9.44%
Annual Interest Income	$1.8MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$41.6MM$42.5MM
Loans	Q4 2017vs Q4 2016	$25.8MM$25.8MM
Deposits	Q4 2017vs Q4 2016	$35.9MM$35.8MM
Equity Capital	Q4 2017vs Q4 2016	$5.7MM$6.6MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$869.00K$872.00K
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$1.3MM$864.00K
Real Estate Owned	Q4 2017vs Q4 2016	$392.00K$590.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

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

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
1.35%^*	$75k^*	-	36 Month CD
OTHER TIERS: 1.14% → $500 - $25k \| 1.25% → $25k - $75k
1.13%^*	$75k^*	-	30 Month CD
OTHER TIERS: 0.93% → $500 - $25k \| 1.03% → $25k - $75k
0.95%^*	$75k^*	-	24 Month CD
OTHER TIERS: 0.75% → $500 - $25k \| 0.85% → $25k - $75k
0.75%^*	$75k^*	-	18 Month CD
OTHER TIERS: 0.55% → $500 - $25k \| 0.65% → $25k - $75k
0.69%^*	$75k^*	-	12 Month CD
OTHER TIERS: 0.49% → $500 - $25k \| 0.59% → $25k - $75k
0.38%	$2,500	-	182 Day CD
0.27%	$2,500	-	91 Day CD

Locations

Grand Timber Bank Locations
Grand Timber Bank	204 North Maddy Street	Mcgregor, 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 feedback@depositaccounts.com 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.