Peoples State Bank of Velva


Overview / Commentary
701-338-2821
101 N. Main
Velva, ND 58790

Peoples State Bank of Velva is headquartered in Velva and is the 42nd largest bank in the state of North Dakota. It is also the 3,757th largest bank in the nation. It was established in 1915 and as of June of 2020, it had grown to 20 employees at 2 locations. Peoples State Bank of Velva's money market rates are 70% higher than the national average, and it has a C+ health rating.

Reviews

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



Health
C+

Health Grade Components

Overall
FDIC Certificate #10250
Year Established1915
Employees20
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD12.02%
Annual Interest Income$2.8MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$125.2MM$113.6MM
LoansQ2 2020vs Q2 2019$97.0MM$95.7MM
DepositsQ2 2020vs Q2 2019$109.3MM$98.5MM
Equity CapitalQ2 2020vs Q2 2019$11.9MM$11.1MM
Loan Loss AllowanceQ2 2020vs Q2 2019$1.4MM$2.1MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$3.5MM$601.00K
Real Estate OwnedQ2 2020vs Q2 2019$189.00K$198.00K
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Peoples State Bank of Velva; 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.

Peoples State Bank of Velva Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Passbook Savings

Peoples State Bank of Velva Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$250k*-Money Market Savings Account
OTHER TIERS: 0.20% Up to $1.5k | 0.25% $1.5k - $25k | 0.35% $25k - $50k | 0.60% $50k - $250k

Peoples State Bank of Velva Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$1.5k-Premium Plus Checking
0.15%$500-Premium Checking
0.15%$1.5k-Business Premium Plus Checking
0.10%--Business Premium Checking
Locations


Peoples State Bank of Velva Locations
Peoples State Bank Of Velva101 N. MainVelva, ND 58790
Peoples State Bank - Minot37th StreetMinot, ND 58701

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.