1. Banks
  2. United Minnesota Bank

United Minnesota Bank


Overview / Commentary
www.umbnl.com
320-354-2277
105 Central Avenue
New London, MN 56273

United Minnesota Bank is headquartered in New London and is the 251st largest bank in the state of Minnesota. It is also the 4,865th largest bank in the nation. It was established in 1890 and as of June of 2020, it had grown to 8 employees at 1 location. United Minnesota Bank has a B health rating.

Reviews

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



Health
B

Data as of Q2 2020

Learn why bank health matters
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 - YTD1.53%
Return on Equity - YTD22.05%
Annual Interest Income$733.00K
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$37.2MM$30.9MM
LoansQ2 2020vs Q2 2019$26.3MM$25.0MM
DepositsQ2 2020vs Q2 2019$34.5MM$28.4MM
Equity CapitalQ2 2020vs Q2 2019$2.5MM$2.4MM
Loan Loss AllowanceQ2 2020vs Q2 2019$213.00K$262.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$38.00K$49.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$127.00K
Rates
Skip to rates for:
Report an Issue

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
0.07%$10-Savings Account
0.07%$50-Adult Savings Account
0.07%$50-Health Savings Account

United Minnesota Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.09%*$100k*-Platinum Money Market
OTHER TIERS: 0.05% → $2.5k - $10k | 0.06% → $10k - $25k | 0.07% → $25k - $50k | 0.08% → $50k - $100k

United Minnesota Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%--Liquidity Checking
0.05%$300-MN Classic 50

United Minnesota Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%$500-60 Month CD
1.10%$500-48 Month CD
0.75%$500-36 Month CD
0.60%$500-24 Month CD
0.50%$500-18 Month CD
0.30%$500-12 Month CD
0.20%$1k-182 Day CD
0.15%$1k-91 Day CD
Locations


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

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 [email protected] 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.