Overview / Commentary
128 South Main Street
Pine Island, MN 55963

Pine Island Bank is headquartered in Pine Island and is the 174th largest bank in the state of Minnesota. It is also the 4,276th largest bank in the nation. It was established in 1931 and as of June of 2018, it had grown to 18 employees at 1 location. Pine Island Bank's CD rates are 27% higher than the national average, and it has an A health rating.


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

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. Pine Island Bank has a relatively low asset base.

Health Grade Components

FDIC Certificate #12193
Year Established1931
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.87%
Return on Equity - YTD16.45%
Annual Interest Income$2.0MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$94.4MM$90.2MM
LoansQ2 2018vs Q2 2017$76.1MM$71.7MM
DepositsQ2 2018vs Q2 2017$74.7MM$70.1MM
Equity CapitalQ2 2018vs Q2 2017$10.9MM$10.3MM
Loan Loss AllowanceQ2 2018vs Q2 2017$877.00K$803.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$686.00K$257.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Pine Island 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.

Pine Island Bank Savings Account Rates

1.00%$1-Christmas Club Account
0.75%*$2k*-Health Savings Account
OTHER TIERS: 0.25% $500 - $1k | 0.50% $1k - $2k
0.16%$50-Savings Account
0.16%$50-Kids Club Account

Pine Island Bank Money Market Rates

0.54%*$100k*-Money Market Deposit Account
OTHER TIERS: 0.16% Up to $2.5k | 0.33% $2.5k - $25k | 0.43% $25k - $100k

Pine Island Bank Checking Account Rates

0.11%$2k-Pine Island NOW Checking Account
0.11%$2.5k-Interest Business Checking Account

Pine Island Bank CD Rates

2.22%*$100k*-60 Month CD
OTHER TIERS: 2.02% $500 - $25k | 2.12% $25k - $100k
2.02%$300-60 Month Young Savers CD
1.96%*$100k*-48 Month CD
OTHER TIERS: 1.76% $500 - $25k | 1.86% $25k - $100k
1.76%$300-48 Month Young Savers CD
1.60%*$100k*-36 Month CD
OTHER TIERS: 1.40% $500 - $25k | 1.50% $25k - $100k
1.40%$300-36 Month Young Savers CD
1.40%*$100k*-36 Month Triple Play CD
OTHER TIERS: 1.20% $2.5k - $25k | 1.30% $25k - $100k
1.35%*$100k*-24 Month CD
OTHER TIERS: 1.14% $500 - $25k | 1.25% $25k - $100k
1.25%*$100k*-24 Month Step-Up CD
OTHER TIERS: 1.04% $2.5k - $25k | 1.14% $25k - $100k
1.14%$300-24 Month Young Savers CD
1.14%*$100k*-12 Month CD
OTHER TIERS: 0.94% $500 - $25k | 1.04% $25k - $100k
0.94%$300-12 Month Young Savers CD
0.89%*$100k*-6 Month CD
OTHER TIERS: 0.69% $500 - $25k | 0.79% $25k - $100k
0.79%*$100k*-3 Month CD
OTHER TIERS: 0.59% $500 - $25k | 0.69% $25k - $100k

Pine Island Bank IRA Rates

2.22%*$100k*-60 Month Traditional IRA
OTHER TIERS: 2.02% $100 - $50k | 2.12% $50k - $100k
1.96%*$100k*-48 Month Traditional IRA
OTHER TIERS: 1.76% $100 - $50k | 1.86% $50k - $100k
1.60%*$100k*-36 Month Traditional IRA
OTHER TIERS: 1.40% $100 - $50k | 1.50% $50k - $100k
1.35%*$100k*-24 Month Traditional IRA
OTHER TIERS: 1.14% $100 - $50k | 1.25% $50k - $100k
1.14%*$100k*-12 Month Traditional IRA
OTHER TIERS: 0.94% $100 - $50k | 1.04% $50k - $100k

Pine Island Bank Locations
Pine Island Bank128 South Main StreetPine Island, MN 55963

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 feedback@depositaccounts.com 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.