Featured Savings Rates
Featured Accounts
Overview / Commentary
9 W Minnesota Ave
Winger, MN 56592

Ultima Bank Minnesota is headquartered in Winger and is the 110th largest bank in the state of Minnesota. It is also the 3,350th largest bank in the nation. It was established in 1904 and as of December of 2017, it had grown to 40 employees at 4 locations. Ultima Bank Minnesota's savings rates are 3X the national average, and it has a B health rating.


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


Health Grade Components

FDIC Certificate #8867
Year Established1904
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.28%
Return on Equity - YTD22.9%
Annual Interest Income$9.6MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$163.0MM$166.7MM
LoansQ4 2017vs Q4 2016$154.8MM$158.4MM
DepositsQ4 2017vs Q4 2016$135.9MM$148.6MM
Equity CapitalQ4 2017vs Q4 2016$16.7MM$15.5MM
Loan Loss AllowanceQ4 2017vs Q4 2016$2.0MM$2.2MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$1.9MM$902.00K
Real Estate OwnedQ4 2017vs Q4 2016$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Ultima Bank Minnesota; 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.

Ultima Bank Minnesota Savings Account Rates

2.28%--SMART Saving Account
1.46%*$100k*-IRA Savings
OTHER TIERS: 0.45% Up to $10k | 0.70% $10k - $25k | 0.95% $25k - $50k | 1.10% $50k - $75k | 1.26% $75k - $100k
1.31%*$500k*-UBM Direct Saving Account
OTHER TIERS: 1.16% $1k - $500k
0.75%*$100k*-Ultima Saving Account
OTHER TIERS: 0.40% $10k - $25k | 0.50% $25k - $50k | 0.55% $50k - $75k | 0.65% $75k - $100k
0.65%--Health Savings Account
0.35%--Regular Saving Account
0.25%--Christmas Club Account

Ultima Bank Minnesota Money Market Rates

0.55%*$75k*-Money Market Saving Account
OTHER TIERS: 0.35% $2,500 - $10k | 0.40% $10k - $25k | 0.45% $25k - $50k | 0.50% $50k - $75k
0.50%*$75k*-Money Market Checking Account
OTHER TIERS: 0.30% $1k - $10k | 0.35% $10k - $25k | 0.40% $25k - $50k | 0.45% $50k - $75k

Ultima Bank Minnesota Checking Account Rates

1.26%*$500k*-Liquid Assets Checking Account
OTHER TIERS: 0.50% $10k - $50k | 0.75% $50k - $100k | 0.90% $100k - $250k | 1.00% $250k - $500k
0.70%*$100k*-Ultima Checking Account
OTHER TIERS: 0.35% $10k - $25k | 0.45% $25k - $50k | 0.50% $50k - $75k | 0.60% $75k - $100k
0.30%$500-NOW Account

Ultima Bank Minnesota CD Rates

1.80%$1k-36 Month Special CD with active checking
1.76%$1k-60 Month CD
1.55%$1k-36 Month Special CD without active checking
1.55%$1k-24 Month Special CD with active checking
1.51%$1k-48 Month CD
1.40%$1k-12 Month Special CD with active checking
1.30%$1k-24 Month Special CD without active checking
1.25%$1k-36 Month CD
1.15%$1k-12 Month Special CD without active checking
1.00%$1k-24 Month CD
0.75%$1k-12 Month CD
0.75%$1k-18 Month CD
0.60%$1k-9 Month CD
0.50%$1k-6 Month CD
0.25%$1k-3 Month CD

Ultima Bank Minnesota IRA Rates

1.86%$1k-60 Month IRA
1.61%$1k-48 Month IRA
1.35%$1k-36 Month IRA
1.10%$1k-24 Month IRA
0.85%$1k-12 Month IRA

Ultima Bank Minnesota Locations
Plummer Branch101 Central Ave EPlummer, MN 56748
Bemidji Branch101 Shevlin Avenue SwBemidji, MN 56601
Fosston Branch603 Hilligoss BoulevardFosston, MN 56542
Ultima Bank Minnesota9 W Minnesota AveWinger, MN 56592

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 feedback@depositaccounts.com 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.