United Minnesota Bank


Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.60%Reward CheckingLiquidity Checking
2.00%5-year CD60 Month CD
0.65%1-year CD12 Month CD

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

United Minnesota Bank is headquartered in New London and is the 274th largest bank in the state of Minnesota. It is also the 5,358th largest bank in the nation. It was established in 1890 and as of June of 2018, it had grown to 9 employees at 1 location. United Minnesota Bank has a C+ health rating.

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Health
C+
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
Employees9
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.74%
Return on Equity - YTD9.56%
Annual Interest Income$676.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$30.2MM$31.0MM
LoansQ2 2018vs Q2 2017$25.0MM$23.1MM
DepositsQ2 2018vs Q2 2017$27.8MM$28.6MM
Equity CapitalQ2 2018vs Q2 2017$2.3MM$2.3MM
Loan Loss AllowanceQ2 2018vs Q2 2017$263.00K$275.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$24.00K$0
Real Estate OwnedQ2 2018vs Q2 2017$127.00K$138.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

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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