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United Minnesota Bank


Overview / Commentary
320-354-2277
105 Central Avenue
New London, MN 56273

United Minnesota Bank is headquartered in New London and is the 262nd largest bank in the state of Minnesota. It is also the 5,184th largest bank in the nation. It was established in 1890 and as of March of 2019, it had grown to 8 employees at 1 location. United Minnesota Bank has a B health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. United Minnesota Bank has a low asset base.

Health Grade Components

Overall
FDIC Certificate #10567
Year Established1890
Employees8
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.45%
Return on Equity - YTD18.82%
Annual Interest Income$355.00K
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$30.6MM$29.6MM
LoansQ1 2019vs Q1 2018$24.0MM$24.6MM
DepositsQ1 2019vs Q1 2018$28.1MM$27.3MM
Equity CapitalQ1 2019vs Q1 2018$2.4MM$2.3MM
Loan Loss AllowanceQ1 2019vs Q1 2018$262.00K$275.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$58.00K$200.00K
Real Estate OwnedQ1 2019vs Q1 2018$127.00K$138.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not United Minnesota 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.

United Minnesota Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$10-Savings Account
0.15%$50-Adult Savings Account
0.15%$50-Health Savings Account
0.10%$750-MN Rewards

United Minnesota Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Platinum Money Market
OTHER TIERS: 0.10% $2.5k - $10k | 0.15% $10k - $25k | 0.20% $25k - $50k | 0.25% $50k - $100k

United Minnesota Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%--Liquidity Checking
0.10%$300-MN Classic 50

United Minnesota Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$500-60 Month CD
1.55%$500-48 Month CD
1.25%$500-36 Month CD
1.00%$500-24 Month CD
0.65%$500-12 Month CD
0.65%$500-18 Month CD
0.45%$1k-182 Day CD
0.25%$1k-91 Day CD
Locations


United Minnesota Bank Locations
United Minnesota Bank105 Central AvenueNew London, MN 56273

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