Security State Bank of Wanamingo

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.02%	5-year CD	3.00% - Goldman Sachs Bank USA High-yield 5 Year CD
1.05%	1-year CD	2.70% - Goldman Sachs Bank USA High-yield 12 Month CD
1.71%	4-year CD	2.80% - Discover Bank 4 Year CD

View all Security State Bank of Wanamingo rates »

Overview / Commentary

ssbwanamingo.com

507-824-2265

232 Main Street
Wanamingo, MN 55983

Security State Bank of Wanamingo is headquartered in Wanamingo and is the 210^th largest bank in the state of Minnesota. It is also the 4,628^th largest bank in the nation. It was established in 1917 and as of December of 2018, it had grown to 12 employees at 1 location. Security State Bank of Wanamingo's CD rates are 17% higher than the national average, and it has a B+ health rating.

Reviews

Write a Review

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

Health

B+

Data as of Q4 2018

Learn why bank health matters

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. Security State Bank of Wanamingo has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	18378
Year Established	1917
Employees	12
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.4%
Return on Equity - YTD	12.65%
Annual Interest Income	$2.7MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$68.2MM$71.0MM
Loans	Q4 2018vs Q4 2017	$42.0MM$40.0MM
Deposits	Q4 2018vs Q4 2017	$59.8MM$63.5MM
Equity Capital	Q4 2018vs Q4 2017	$7.5MM$7.4MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$804.00K$820.00K
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$13.00K$102.00K
Real Estate Owned	Q4 2018vs Q4 2017	$0$0

Rates

Skip to rates for:

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Security State Bank of Wanamingo; 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.

Security State Bank of Wanamingo CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.02%	$500	-	60 Month Well-Being CD
1.71%^*	$25k^*	-	48 Month CD
OTHER TIERS: 1.61% → $500 - $25k
1.51%^*	$25k^*	-	36 Month CD
OTHER TIERS: 1.41% → $500 - $25k
1.26%^*	$25k^*	-	30 Month CD
OTHER TIERS: 1.16% → $500 - $25k
1.21%^*	$25k^*	-	24 Month CD
OTHER TIERS: 1.10% → $500 - $25k
1.10%^*	$25k^*	-	18 Month CD
OTHER TIERS: 1.00% → $500 - $25k
1.05%^*	$25k^*	-	12 Month CD
OTHER TIERS: 0.95% → $500 - $25k
0.80%^*	$25k^*	-	6 Month CD
OTHER TIERS: 0.70% → $500 - $25k
0.70%^*	$25k^*	-	3 Month CD
OTHER TIERS: 0.60% → $500 - $25k

Security State Bank of Wanamingo IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
2.02%	$500	-	60 Month IRA
1.71%	$500	-	48 Month IRA

Locations

Security State Bank of Wanamingo Locations
Security State Bank Of Wanamingo	232 Main Street	Wanamingo, MN 55983

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 [email protected] 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.