Odin State Bank


Overview / Commentary
507-736-2691
101 East Main Street
Odin, MN 56160-0008

Odin State Bank is headquartered in Odin and is the 238th largest bank in the state of Minnesota. It is also the 4,710th largest bank in the nation. It was established in 1904 and as of June of 2020, it had grown to 9 employees at 1 location. Odin State Bank's money market rates are 14% higher than the national average, and it has a B health rating.

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Health
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. Odin State Bank has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #14574
Year Established1904
Employees9
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.77%
Return on Equity - YTD7.29%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$50.5MM$46.6MM
LoansQ2 2020vs Q2 2019$33.9MM$34.5MM
DepositsQ2 2020vs Q2 2019$40.0MM$38.2MM
Equity CapitalQ2 2020vs Q2 2019$5.1MM$4.9MM
Loan Loss AllowanceQ2 2020vs Q2 2019$680.00K$579.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$1.3MM$2.8MM
Real Estate OwnedQ2 2020vs Q2 2019$255.00K$507.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Odin State 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.

Odin State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$10-Regular Savings

Odin State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$250k*-Premium Money Market Account
OTHER TIERS: 0.15% $2.5k - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k | 0.30% $100k - $250k
0.15%*$2.5k*-Money Market Account
OTHER TIERS: 0.10% $100 - $2.5k

Odin State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$10-NOW Checking

Odin State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$10k*-4 Year CD
OTHER TIERS: 0.85% $500 - $10k
0.70%*$10k*-3 Year CD
OTHER TIERS: 0.60% $500 - $10k
0.70%$2.5k-15 Month Special CD
0.60%*$10k*-2 Year CD
OTHER TIERS: 0.50% $500 - $10k
0.55%$2.5k-30 Month Special CD
0.50%$2.5k-18 Month Special CD
0.40%*$10k*-1 Year CD
OTHER TIERS: 0.25% $500 - $10k
0.15%$500-182 Day CD
0.15%$2.5k-7 Month Special CD
0.10%$2.5k-91 Day CD

Odin State Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%$500-3 Year IRA
0.90%$500-3 Year KEOGH
0.85%$500-18 Month IRA Special
Locations


Odin State Bank Locations
Odin State Bank101 East Main StreetOdin, MN 56160

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