Featured Savings Rates
Featured Accounts

Northwoods Bank of Minnesota

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.11%5-year CD60 Month CD
0.30%1-year CD12 Month CD
0.05%SavingsRegular Savings

Overview / Commentary
218-732-7221
1200 East First Street
Park Rapids, MN 56470

Northwoods Bank of Minnesota is headquartered in Park Rapids and is the 150th largest bank in the state of Minnesota. It is also the 4,218th largest bank in the nation. It was established in 1919 and as of September of 2016, it had grown to 33 employees at 5 locations. Northwoods Bank of Minnesota has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #1415
Year Established1919
Employees33
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.08%
Return on Equity - YTD9.51%
Annual Interest Income$3.1MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$109.1MM$106.2MM
LoansQ3 2016vs Q3 2015$62.6MM$57.9MM
DepositsQ3 2016vs Q3 2015$89.4MM$91.1MM
Equity CapitalQ3 2016vs Q3 2015$12.1MM$11.5MM
Loan Loss AllowanceQ3 2016vs Q3 2015$725.00K$710.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$474.00K$530.00K
Real Estate OwnedQ3 2016vs Q3 2015$245.00K$496.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Northwoods Bank of Minnesota Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$100k*-Prime Access
OTHER TIERS: 0.05% $1k - $25k | 0.07% $25k - $50k | 0.10% $50k - $100k
0.10%*$25k*-Health Savings
OTHER TIERS: 0.05% Up to $25k
0.05%--Regular Savings

Northwoods Bank of Minnesota Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$25k*-Money Market
OTHER TIERS: 0.05% Up to $25k

Northwoods Bank of Minnesota Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Total Checking
0.05%--Interest Checking

Northwoods Bank of Minnesota CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.11%$1k-60 Month CD
1.01%$1k-42 Month CD
1.01%$1k-25 Month CD Special
0.75%$1k-30 Month CD
0.60%$1k-18 Month CD
0.55%$1k-15 Month CD Special
0.30%$1k-12 Month CD
0.20%$1k-182 Day CD
0.15%$1k-91 Day CD

Northwoods Bank of Minnesota IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.11%$250-60 Month IRA
1.01%$250-42 Month IRA
0.75%$250-30 Month IRA
0.60%$250-18 Month IRA
0.30%$250-12 Month IRA
Locations


Northwoods Bank of Minnesota Locations
Pine City Branch1015 Hillside Avenue SwPine City, MN 55063
Bunyan Trails Branch112 Bunyan TrailsNevis, MN 56467
Northwoods Bank Of Minnesota1200 East First StreetPark Rapids, MN 56470
Rush City Branch260 West 4th StreetRush City, MN 55069
Detached FacilityFirst StreetPark Rapids, MN 56470