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 238^th largest bank in the state of Minnesota. It is also the 4,710^th 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.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q2 2020

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	9
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.77%
Return on Equity - YTD	7.29%
Annual Interest Income	$1.1MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$50.5MM$46.6MM
Loans	Q2 2020vs Q2 2019	$33.9MM$34.5MM
Deposits	Q2 2020vs Q2 2019	$40.0MM$38.2MM
Equity Capital	Q2 2020vs Q2 2019	$5.1MM$4.9MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$680.00K$579.00K
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$1.3MM$2.8MM
Real Estate Owned	Q2 2020vs Q2 2019	$255.00K$507.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

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

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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.