Odin State Bank

Overview / Commentary

onlinebanking.odinstatebank.com

507-736-2691

101 East Main Street
Odin, MN 56160-0008

Odin State Bank is headquartered in Odin and is the 234^th largest bank in the state of Minnesota. It is also the 4,608^th largest bank in the nation. It was established in 1904 and as of September of 2021, it had grown to 10 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

B+

Data as of Q3 2021

Learn why bank health matters

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 Established	1904
Employees	10
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.36%
Return on Equity - YTD	13.39%
Annual Interest Income	$1.5MM

Assets and Liabilities
Assets	Q3 2021vs Q3 2020	$52.1MM$51.7MM
Loans	Q3 2021vs Q3 2020	$34.1MM$34.1MM
Deposits	Q3 2021vs Q3 2020	$42.5MM$40.5MM
Equity Capital	Q3 2021vs Q3 2020	$5.3MM$5.1MM
Loan Loss Allowance	Q3 2021vs Q3 2020	$532.00K$530.00K
Unbacked Noncurrent Loans	Q3 2021vs Q3 2020	$885.00K$1.2MM
Real Estate Owned	Q3 2021vs Q3 2020	$12.00K$136.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

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* 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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$10	-	Regular Savings

Odin State Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$10	-	NOW Checking

Odin State Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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 Bank	101 East Main Street	Odin, MN 56160

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