State Bank of Faribault

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

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 2,450^th largest bank in the nation. It was established in 1919 and as of March of 2025, 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 an A health rating.

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Health

Data as of Q1 2025

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	0.71%
Return on Equity - YTD	13.05%
Annual Interest Income	$3.8MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$312.2MM$299MM
Loans	Q1 2025vs Q1 2024	$167.8MM$156.5MM
Deposits	Q1 2025vs Q1 2024	$290.9MM$281.8MM
Equity Capital	Q1 2025vs Q1 2024	$17.4MM$13.6MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$3.4MM$3.1MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$30K$0
Real Estate Owned	Q1 2025vs Q1 2024	$0$281K

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

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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