Featured Savings Rates
Featured Accounts

Reliance Bank (MN)

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.51%Reward CheckingReliance Really Green Checking
0.75%1-year CD1 Year CD
0.10%SavingsReliance Savings

Overview / Commentary
2300 30th Street Northwest
Faribault, MN 55021

Reliance Bank (MN) is headquartered in Faribault and is the 140th largest bank in the state of Minnesota. It is also the 3,994th largest bank in the nation. It was established in 2007 and as of March of 2017, it had grown to 20 employees at 1 location. Reliance Bank (MN)'s savings rates are 44% higher than the national average, and it has an A health rating.

Reviews

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



Health

Health Grade Components

Overall
FDIC Certificate #58602
Year Established2007
Employees20
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.39%
Return on Equity - YTD14.54%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$120.3MM$103.3MM
LoansQ1 2017vs Q1 2016$93.7MM$81.0MM
DepositsQ1 2017vs Q1 2016$106.4MM$86.1MM
Equity CapitalQ1 2017vs Q1 2016$11.6MM$10.5MM
Loan Loss AllowanceQ1 2017vs Q1 2016$1.2MM$946.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$256.00K$45.00K
Real Estate OwnedQ1 2017vs Q1 2016$32.00K$50.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Reliance Bank (MN); 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.

Reliance Bank (MN) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*-$25kReliance Really Green Savings
OTHER TIERS: 0.10% $25k+
0.10%$100-Reliance Savings
0.10%--Reliance Youth Savings

Reliance Bank (MN) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$30k*-Reliance Money Market
OTHER TIERS: 0.15% $5k - $15k | 0.25% $15k - $30k
0.30%*$30k*-Reliance Money Management
OTHER TIERS: 0.15% $5k - $15k | 0.25% $15k - $30k

Reliance Bank (MN) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*-$25kReliance Really Green Checking - Qualifying
OTHER TIERS: 0.10% $25k+
0.10%$1k-Reliance Checking
0.10%$1k-Reliance Community Service Checking

Reliance Bank (MN) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%$1k-42 Month CD
1.28%$1k-25 Month Step-Up CD
1.25%$1k-3 Years CD
1.00%$1k-2 Years CD
1.00%$1k-13 Month CD
0.85%$1k-18 Months CD
0.75%$1k-1 Year CD
0.50%$1k-9 Months CD
0.35%$1k-180 Days CD

Reliance Bank (MN) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%$1k-42 Month IRA
1.28%$1k-25 Month Step-Up IRA
1.25%$1k-3 Year IRA
1.00%$1k-2 Year IRA
1.00%$1k-13 Month IRA
0.85%$1k-18 Months IRA
0.75%$1k-1 Year IRA
0.50%$1k-9 Months IRA
0.35%$1k-180 Days IRA
Locations


Reliance Bank (MN) Locations
Reliance Bank2300 30th Street NorthwestFaribault, MN 55021