Quoin Financial Bank

Overview / Commentary
201 North Broadway
Miller, SD 57362

Quoin Financial Bank is headquartered in MILLER and is the 33rd largest bank in the state of South Dakota. It is also the 2,986th largest bank in the nation. It was established in 1938 and as of March of 2023, it had grown to 34 employees at 3 locations. Quoin Financial Bank has an A health rating.

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The bank will perform a hard inquiry with Trans Union for Rewards Checking account application.


Health Grade Components

FDIC Certificate #15629
Year Established1938
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.75%
Return on Equity - YTD16.43%
Annual Interest Income$2.5MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$209.4MM$215.4MM
LoansQ1 2023vs Q1 2022$142.5MM$126.9MM
DepositsQ1 2023vs Q1 2022$179.1MM$185.0MM
Equity CapitalQ1 2023vs Q1 2022$23.3MM$23.0MM
Loan Loss AllowanceQ1 2023vs Q1 2022$1.9MM$2.0MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$0$163.00K
Real Estate OwnedQ1 2023vs Q1 2022$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Quoin Financial Bank Savings Account Rates

0.75%-$25kKasasa Saver
0.40%*$100k*-Cash Management Account (CMA)
OTHER TIERS: 0.01% $5k - $50k | 0.25% $50k - $100k
0.01%$100-Health Savings Account
0.01%--Statement Savings
0.01%--Christmas Club Savings
0.01%--IRA Savings

Quoin Financial Bank Money Market Rates

0.01%$1k-Money Market (MMDA)

Quoin Financial Bank Checking Account Rates

2.25%*-$25kKasasa Cash
OTHER TIERS: 0.15% $25k+
0.40%*$100k*-Premier Checking
OTHER TIERS: 0.01% $5k - $50k | 0.25% $50k - $100k
0.01%$750-Quoin Checking

Quoin Financial Bank Locations
Quoin Financial Bank201 N Broadway AveMiller, SD 57362
Highmore Branch209 Commercial Street SeHighmore, SD 57345
Sioux Falls Branch5700 S Remington PlSioux Falls, SD 57108

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