Overview / Commentary
461 Main Street
Elko New Market, MN 55054

New Market Bank is headquartered in Elko New Market and is the 151st largest bank in the state of Minnesota. It is also the 3,954th largest bank in the nation. It was established in 1905 and as of September of 2018, it had grown to 23 employees at 3 locations. New Market Bank's savings rates are 15% higher than the national average, and it has a C+ health rating.


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


Health Grade Components

FDIC Certificate #1931
Year Established1905
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.51%
Return on Equity - YTD6.8%
Annual Interest Income$3.0MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$112.0MM$110.5MM
LoansQ3 2018vs Q3 2017$66.1MM$60.1MM
DepositsQ3 2018vs Q3 2017$101.1MM$101.4MM
Equity CapitalQ3 2018vs Q3 2017$8.5MM$8.6MM
Loan Loss AllowanceQ3 2018vs Q3 2017$775.00K$772.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$469.00K$484.00K
Real Estate OwnedQ3 2018vs Q3 2017$1.1MM$1.1MM
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not New Market 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.

New Market Bank Savings Account Rates

0.60%*$250k*-Premium Savings
OTHER TIERS: 0.12% Up to $10k | 0.20% $10k - $25k | 0.38% $25k - $50k | 0.43% $50k - $100k | 0.50% $100k - $250k
0.15%*$10k*-Health Savings Account
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $10k
0.08%--Regular Savings

New Market Bank Money Market Rates

0.45%*$50k*-Money Market Savings
OTHER TIERS: 0.08% Up to $1k | 0.12% $1k - $10k | 0.20% $10k - $25k | 0.35% $25k - $50k

New Market Bank Checking Account Rates

1.76%*-$10kYour Choice Rewards
OTHER TIERS: 0.07% $10k+
0.10%*$10k*-Prestige Gold
OTHER TIERS: 0.05% Up to $1k | 0.07% $1k - $10k
0.10%*$10k*-Your Choice VIP
OTHER TIERS: 0.05% Up to $1k | 0.07% $1k - $10k
0.03%--Prestige Plus

New Market Bank CD Rates

1.55%$500-60 Month CD
1.20%$500-48 Month CD
0.90%$500-36 Month CD
0.80%$500-24 Month CD
0.75%$1k-18 Month CD
0.45%$1k-12 Month CD
0.40%$1k-9 Month CD
0.15%$2.5k-6 Month CD
0.08%$2.5k-3 Month CD

New Market Bank Locations
Lake Marion Branch20151 Icenic TrailLakeville, MN 55044
New Market Bank101 Old Town RoadElko New Market, MN 55020
Prior Lake Branch4719 Park Nicollet Ave Se Suite 100Prior Lake, MN 55372

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.