Perennial Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
1.25%	1-year CD	2.75% - Barclays 12 Month Online CD
0.20%	Savings	2.20% - Barclays Online Savings Account
1.71%	4-year CD	2.90% - Barclays 48 Month Online CD

View all Perennial Bank rates »

Overview / Commentary

www.perennialbank.com

320-693-2826

318 N 1st Street
Darwin, MN 55324

Perennial Bank is headquartered in Darwin and is the 160^th largest bank in the state of Minnesota. It is also the 3,987^th largest bank in the nation. It was established in 1914 and as of December of 2018, it had grown to 24 employees at 4 locations. Perennial Bank's CD rates are 39% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q4 2018

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Health Grade Components

Overall
FDIC Certificate #	1413
Year Established	1914
Employees	24
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.01%
Return on Equity - YTD	13%
Annual Interest Income	$3.2MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$108.1MM$107.1MM
Loans	Q4 2018vs Q4 2017	$31.2MM$29.6MM
Deposits	Q4 2018vs Q4 2017	$98.9MM$98.0MM
Equity Capital	Q4 2018vs Q4 2017	$8.7MM$8.6MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$567.00K$534.00K
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$241.00K$40.00K
Real Estate Owned	Q4 2018vs Q4 2017	$0$0

Rates

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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.

Perennial Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%	-	-	Variable Rate IRA Account
0.20%	-	-	Passbook Savings Account

Perennial Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.35% → $2.5k - $25k \| 0.40% → $25k - $50k

Perennial Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	-	-	Super Now Checking Account

Perennial Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.71%	$1k	-	48 Month CD
1.50%	$1k	-	30 Month CD
1.25%	$1k	-	12 Month CD
1.00%	$1k	-	6 Month CD
0.60%	$1k	-	91 Day CD

Perennial Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.71%	-	-	48 Month IRA
1.50%	-	-	30 Month IRA
1.25%	-	-	12 Month IRA
1.00%	-	-	6 Month IRA
0.60%	-	-	91 Day IRA

Locations

Perennial Bank Locations
Farmers State Bank Of Darwin	318 N 1st Street	Darwin, MN 55324
Dassel Branch	780 W. Parker Ave	Dassel, MN 55325
Winthrop Br	102 E. 2nd St.	Winthrop, MN 55396
Paynesville Br	125 East James Street	Paynesville, MN 56362

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