Rolette State Bank


Overview / Commentary
701-246-3395
209 Main Street
Rolette, ND 58366

Rolette State Bank is headquartered in ROLETTE and is the 59th largest bank in the state of North Dakota. It is also the 4,297th largest bank in the nation. It was established in 1928 and as of December of 2024, it had grown to 11 employees at 1 location. Rolette State Bank's CD rates are 5X the national average, and it has a B+ health rating.

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Health
B+
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. Rolette State Bank has a low asset base.

Health Grade Components

Overall
FDIC Certificate #9120
Year Established1928
Employees11
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.94%
Return on Equity - YTD10.31%
Annual Interest Income$2.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$46.5MM$47.2MM
LoansQ4 2024vs Q4 2023$34.6MM$34.1MM
DepositsQ4 2024vs Q4 2023$40.7MM$37.5MM
Equity CapitalQ4 2024vs Q4 2023$4.4MM$4.1MM
Loan Loss AllowanceQ4 2024vs Q4 2023$278K$250K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$13K$26K
Real Estate OwnedQ4 2024vs Q4 2023$0$90K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Rolette State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$10k*-Passbook Savings Account
OTHER TIERS: 0.35% $0 - $10k

Rolette State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%$500-Regular NOW Checking Account

Rolette State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.19%$2.5k-6 Month CD
4.19%$2.5k-Business 6 Month CD
4.09%$500-12 Month CD
4.09%$500-Business 12 Month CD
3.79%$500-60 Month CD
3.79%$500-Business 60 Month CD
3.73%$500-30 Month CD
3.73%$500-48 Month CD
3.73%$500-Business 30 Month CD
3.73%$500-Business 48 Month CD
3.68%$500-18 Month CD
3.68%$500-Business 18 Month CD
3.28%$5k-91 Day CD
3.28%$5k-Business 91 Day CD
2.53%$10k-7-31 Day CD
2.53%$10k-Business 7-31 Day CD

Rolette State Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.09%$500-12 Month IRA
4.09%$500-Business 12 Month IRA
3.79%$500-60 Month IRA
3.79%$500-Business 60 Month IRA
3.73%$500-30 Month IRA
3.73%$500-48 Month IRA
3.73%$500-Business 30 Month IRA
3.73%$500-Business 48 Month IRA
3.68%$500-18 Month IRA
3.68%$500-Business 18 Month IRA
Locations


Rolette State Bank Locations
Rolette State Bank209 Main StreetRolette, ND 58366

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