State Bank of Faribault

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Overview / Commentary

www.tsbf.com

507-332-7401

428 Central Avenue
Faribault, MN 55021

State Bank of Faribault is headquartered in FARIBAULT and is the 78^th largest bank in the state of Minnesota. It is also the 2,470^th largest bank in the nation. It was established in 1919 and as of September of 2024, it had grown to 45 employees at 3 locations. State Bank of Faribault's savings rates are 44% higher than the national average, and it has a B+ health rating.

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Health

B+

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	1610
Year Established	1919
Employees	45
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.57%
Return on Equity - YTD	11.81%
Annual Interest Income	$10.6MM

Assets and Liabilities
Assets	Q3 2024vs Q3 2023	$306.3MM$287.3MM
Loans	Q3 2024vs Q3 2023	$165.6MM$151.5MM
Deposits	Q3 2024vs Q3 2023	$286.1MM$274.2MM
Equity Capital	Q3 2024vs Q3 2023	$16.6MM$9.6MM
Loan Loss Allowance	Q3 2024vs Q3 2023	$3.3MM$3MM
Unbacked Noncurrent Loans	Q3 2024vs Q3 2023	$0$56K
Real Estate Owned	Q3 2024vs Q3 2023	$0$301K

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Rates

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Savings
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

State Bank of Faribault Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%^*	$100k^*	-	Select Savings
OTHER TIERS: 0.05% → $0 - $2.5k \| 0.15% → $2.5k - $25k \| 0.20% → $25k - $50k \| 0.30% → $50k - $100k
0.30%	$0	-	eSavings
0.05%	$100	-	Health Savings Account

State Bank of Faribault Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
3.30%	$0	$25k	eChecking
0.40%^*	$100k^*	-	Rewards Checking Plus
OTHER TIERS: 0.05% → $0 - $10k \| 0.15% → $10k - $25k \| 0.20% → $25k - $50k \| 0.30% → $50k - $100k
0.10%	$750	-	Select Checking

State Bank of Faribault CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%	$1k	-	72 Month CD
2.00%	$1k	-	60 Month CD
2.00%	$2.5k	-	39 Month Change a Rate CD
1.75%	$1k	-	48 Month CD
1.15%	$1k	-	36 Month CD
1.00%	$1k	-	24 Month CD
0.65%	$1k	-	12 Month CD

State Bank of Faribault IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%	$1k	-	72 Month IRA
2.00%	$2.5k	-	39 Month Change a Rate IRA
2.00%	$1k	-	60 Month IRA
1.75%	$1k	-	48 Month IRA
1.15%	$1k	-	36 Month IRA
1.00%	$1k	-	24 Month IRA
0.65%	$1k	-	12 Month IRA
0.35%	$50	-	3 Month IRA Variable

Locations

State Bank of Faribault Locations
Faribault Branch	202 Western Avenue	Faribault, MN 55021
The State Bank Of Faribault	428 Central Ave N	Faribault, MN 55021
Prior Lake Branch	6867 Boudin Street Ne	Prior Lake, MN 55372

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