APY | ACCOUNT TYPE | ACCOUNT NAME |
---|---|---|
0.05% | Savings | Regular Savings |
0.10% | Money Market | Money Market 1.00% - Ally Bank Money Market Account |
0.05% | Checking | Interest Checking 0.90% - nbkc bank Personal Account |
Northwoods Bank of Minnesota is headquartered in Park Rapids and is the 149th largest bank in the state of Minnesota. It is also the 4,020th largest bank in the nation. It was established in 1919 and as of December of 2017, it had grown to 33 employees at 5 locations. Northwoods Bank of Minnesota's savings rates are 15% higher than the national average, and it has a B+ health rating.
Overall | |
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FDIC Certificate # | 1415 |
Year Established | 1919 |
Employees | 33 |
Primary Regulator | OCC |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.14% |
Return on Equity - YTD | 10.66% |
Annual Interest Income | $4.3MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2017vs Q4 2016 | $114.8MM$109.9MM |
Loans | Q4 2017vs Q4 2016 | $65.6MM$63.8MM |
Deposits | Q4 2017vs Q4 2016 | $95.3MM$90.9MM |
Equity Capital | Q4 2017vs Q4 2016 | $11.9MM$11.5MM |
Loan Loss Allowance | Q4 2017vs Q4 2016 | $716.00K$717.00K |
Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $903.00K$538.00K |
Real Estate Owned | Q4 2017vs Q4 2016 | $480.00K$122.00K |
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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 | |
---|---|---|---|---|---|
0.10%* | $25k* | - | Money Market | ||
OTHER TIERS: 0.05% → Up to $25k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | - | - | Total Checking | |
0.05% | - | - | Interest Checking |
Northwoods Bank of Minnesota Locations | ||
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Pine City Branch | 1015 Hillside Avenue Sw | Pine City, MN 55063 |
Bunyan Trails Branch | 112 Bunyan Trails | Nevis, MN 56467 |
Northwoods Bank Of Minnesota | 1200 East First Street | Park Rapids, MN 56470 |
Rush City Branch | 260 West 4th Street | Rush City, MN 55069 |
Detached Facility | First Street | Park Rapids, MN 56470 |