Featured Savings Rates
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Red Rock Bank

Popular Accounts at this Bank

1.66%5-year CD60 Month CD
0.95%1-year CD12 Month CD
0.35%SavingsSecurity Savings

Overview / Commentary
100 S Main St
Sanborn, MN 56083

Red Rock Bank is headquartered in Sanborn and is the 299th largest bank in the state of Minnesota. It is also the 5,557th largest bank in the nation. It was established in 1901 and as of December of 2017, it had grown to 5 employees at 1 location. Red Rock Bank has a B health rating.


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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. Red Rock Bank has a low asset base.

Health Grade Components

FDIC Certificate #1386
Year Established1901
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.92%
Return on Equity - YTD7.02%
Annual Interest Income$933.00K
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$23.3MM$26.4MM
LoansQ4 2017vs Q4 2016$18.2MM$18.9MM
DepositsQ4 2017vs Q4 2016$17.5MM$19.8MM
Equity CapitalQ4 2017vs Q4 2016$3.2MM$3.0MM
Loan Loss AllowanceQ4 2017vs Q4 2016$230.00K$215.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$0$0
Real Estate OwnedQ4 2017vs Q4 2016$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.

Red Rock Bank Savings Account Rates

0.35%*$1k*-Security Savings
OTHER TIERS: 0.25% Up to $1k

Red Rock Bank Money Market Rates

0.45%*$50k*-Security Money Market
OTHER TIERS: 0.35% $2,500 - $25k | 0.40% $25k - $50k

Red Rock Bank Checking Account Rates

0.10%$500-Security Interest Checking

Red Rock Bank CD Rates

1.66%$500-60 Month CD
1.46%$500-36 Month CD
1.10%$500-24 Month CD
1.10%$500-30 Month CD
0.95%$500-12 Month CD
0.95%$500-18 Month CD
0.80%$1k-182 Day CD
0.65%$2,500-91 Day CD

Red Rock Bank Locations
Mills Resolute Bank100 S Main StSanborn, MN 56083

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