Odin State Bank

Overview / Commentary

onlinebanking.odinstatebank.com

507-736-2691

101 East Main Street
Odin, MN 56160

Odin State Bank is headquartered in ODIN and is the 202^nd largest bank in the state of Minnesota. It is also the 4,095^th largest bank in the nation. It was established in 1904 and as of June of 2024, it had grown to 12 employees at 1 location. Odin State Bank's money market rates are 6X the national average, and it has a C+ health rating.

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Health

C+

Data as of Q2 2024

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	12
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.79%
Return on Equity - YTD	11.55%
Annual Interest Income	$2.2MM

Assets and Liabilities
Assets	Q2 2024vs Q2 2023	$72.9MM$67.3MM
Loans	Q2 2024vs Q2 2023	$58.8MM$53.4MM
Deposits	Q2 2024vs Q2 2023	$64MM$56.4MM
Equity Capital	Q2 2024vs Q2 2023	$5.1MM$4.3MM
Loan Loss Allowance	Q2 2024vs Q2 2023	$808K$760K
Unbacked Noncurrent Loans	Q2 2024vs Q2 2023	$1.1MM$907K
Real Estate Owned	Q2 2024vs Q2 2023	$37K$0

Rates

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Savings
Money Market
Checking
CD
IRA

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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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%	$10	-	Regular Savings

Odin State Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
2.68%^*	$250k^*	-	Premium Money Market Account
OTHER TIERS: 0.45% → $2.5k - $25k \| 0.65% → $25k - $50k \| 1.36% → $50k - $100k \| 1.97% → $100k - $250k
0.60%^*	$2.5k^*	-	Money Market Account
OTHER TIERS: 0.25% → $100 - $2.5k

Odin State Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$10	-	NOW Checking

Odin State Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.59%	$2.5k	-	7 Month CD Special
4.24%^*	$10k^*	-	1 Year CD
OTHER TIERS: 1.25% → $500 - $10k
4.24%	$10k	-	12 Month CD Special
3.89%	$2.5k	-	18 Month CD Special
2.77%^*	$10k^*	-	4 Year CD
OTHER TIERS: 2.26% → $500 - $10k
2.26%^*	$10k^*	-	3 Year CD
OTHER TIERS: 1.76% → $500 - $10k
2.26%	$2.5k	-	30 Month CD Special
1.76%^*	$10k^*	-	2 Year CD
OTHER TIERS: 1.25% → $500 - $10k
1.51%	$10k	-	15 Month CD Special
1.25%^*	$10k^*	-	182 Day CD
OTHER TIERS: 0.75% → $500 - $10k
0.35%	$2.5k	-	91 Day CD

Odin State Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.57%	$500	-	18 Month IRA Special
2.57%	$500	-	3 Year IRA
2.57%	$500	-	3 Year KEOGH

Locations

Odin State Bank Locations
Odin State Bank	101 E Main St	Odin, MN 56160

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