Overview / Commentary
The Wanda State Bank is headquartered in Wanda and is the 126th largest bank in the state of Minnesota. It is also the 3,571st largest bank in the nation. It was established in 1932 and as of June of 2019, it had grown to 13 employees at 1 location. The Wanda State Bank's money market rates are 82% higher than the national average, and it boasts an A+ health rating.
Health
A+
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1908 |
| Year Established | 1932 |
| Employees | 13 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.06% |
| Return on Equity - YTD | 6.31% |
| Annual Interest Income | $2.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $134.3MM$125.9MM |
| Loans | Q2 2019vs Q2 2018 | $87.7MM$82.0MM |
| Deposits | Q2 2019vs Q2 2018 | $110.0MM$103.0MM |
| Equity Capital | Q2 2019vs Q2 2018 | $23.0MM$21.5MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $1.8MM$1.6MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $184.00K$128.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Rates
Skip to rates for:
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not The Wanda State Bank; 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.
The Wanda State Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.65% | - | - | Passbook Savings |
The Wanda State Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.80%* | $1k* | - | Money Market Savings | ||
| OTHER TIERS: 0.65% → Up to $1k | |||||
The Wanda State Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.11% | $2.5k | - | 18 Month CD | |
| 2.05% | $10k | - | 11 Month CD Special | |
| 2.00% | $1k | - | 3 Year CD | |
| 1.50% | $500 | - | 1 Year CD | |
| 1.35% | $10k | - | 182 Day CD | |
| 1.15% | $7.5k | - | 91 Day CD | |
| 1.00% | $20k | - | 7 to 31 Day CD |
Locations
| The Wanda State Bank Locations | ||
|---|---|---|
| The Wanda State Bank | 121 W Main | Wanda, MN 56294 |