Featured Savings Rates
Featured Accounts

Ultima Bank Minnesota

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.51%5-year CD60 Month CD
0.65%1-year CD12 Month CD
0.35%SavingsRegular Saving Account

Overview / Commentary
800-421-2588
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 3,335th largest bank in the nation. It was established in 1904 and as of September of 2017, it had grown to 40 employees at 4 locations. Ultima Bank Minnesota's savings rates are 2X the national average, and it has a B health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #8867
Year Established1904
Employees40
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD2.23%
Return on Equity - YTD22.47%
Annual Interest Income$7.3MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$165.4MM$169.6MM
LoansQ3 2017vs Q3 2016$154.1MM$159.7MM
DepositsQ3 2017vs Q3 2016$136.9MM$147.0MM
Equity CapitalQ3 2017vs Q3 2016$17.5MM$16.6MM
Loan Loss AllowanceQ3 2017vs Q3 2016$2.3MM$2.2MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$2.2MM$526.00K
Real Estate OwnedQ3 2017vs Q3 2016$0$5.00K
Rates
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* 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%--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
1.11%*$500k*-UBM Direct Saving Account
OTHER TIERS: 1.01% $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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$500k*-Liquid Assets Checking Account
OTHER TIERS: 0.35% $10k - $50k | 0.65% $50k - $100k | 0.80% $100k - $250k | 0.90% $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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%$1k-60 Month CD
1.50%$1k-36 Month Special CD
1.25%$1k-48 Month CD
1.00%$1k-36 Month CD
1.00%$1k-12 Month Special CD
0.80%$1k-24 Month CD
0.70%$1k-18 Month CD
0.65%$1k-12 Month CD
0.30%$1k-9 Month CD
0.25%$1k-6 Month CD
0.20%$1k-3 Month CD

Ultima Bank Minnesota IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.61%$1k-60 Month IRA
1.35%$1k-48 Month IRA
1.10%$1k-36 Month IRA
0.90%$1k-24 Month IRA
0.75%$1k-12 Month IRA
Locations


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