Northeast Bank (MN) is headquartered in Minneapolis and is the 27th largest bank in the state of Minnesota. It is also the 1,277th largest bank in the nation. It was established in 1948 and as of June of 2022, it had grown to 65 employees at 3 locations. Northeast Bank (MN)'s money market rates are 3X the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 16659 |
Year Established | 1948 |
Employees | 65 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.72% |
Return on Equity - YTD | 22.53% |
Annual Interest Income | $12.3MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $732.8MM$760.8MM |
Loans | Q2 2022vs Q2 2021 | $448.4MM$483.3MM |
Deposits | Q2 2022vs Q2 2021 | $681.3MM$695.5MM |
Equity Capital | Q2 2022vs Q2 2021 | $48.0MM$64.0MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $4.6MM$4.6MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.2MM$1.5MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.35% | - | - | Northeast Savings | |
0.25% | - | - | Northeast Youth Savings | |
0.03% | - | - | Health Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.50%* | $2m* | - | Northeast Money Market Savings | ||
OTHER TIERS: 0.35% → Up to $10k | 0.50% → $10k - $100k | 0.90% → $100k - $500k | 1.20% → $500k - $2m |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.80% | $500 | - | 60 Month IRA | |
1.70% | $500 | - | 48 Month IRA | |
1.60% | $500 | - | 36 Month IRA | |
1.50% | $500 | - | 24 Month IRA | |
1.40% | $500 | - | 12 Month IRA | |
1.40% | $500 | - | 18 Month IRA |
Northeast Bank (MN) Locations | ||
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Coon Rapids Branch | 200 Coon Rapids Boulevard | Coon Rapids, MN 55433 |
Columbia Heights Branch | 1135 Silver Lake Road Nw | New Brighton, MN 55112 |
Northeast Bank | 77 Broadway St Ne | Minneapolis, MN 55413 |