Banks | Brainerd Savings and Loan Association, A Federal Association

Brainerd Savings and Loan Association, A Federal Association

Our records indicate that this bank has been acquired by WINGS FINANCIAL.


Brainerd Savings and Loan Association, A Federal Association is an FDIC insured institution headquartered at 524 S 6th Street, Brainerd, MN 56401.
It was founded in 1922 and has approximately $0 billion in assets. Customers can open an account at one of its 2 branches.

Deposit Rates - November 14, 2024

SAVINGS RATES APY MIN
Savings
0.10% $100 Compare
CD RATES APY MIN
6 Mo CD
0.20% $500 Compare
Special: 10 Mo CD
1.00% $500 Compare
12 Mo CD
0.30% $500 Compare
18 Mo CD
0.50% $500 Compare
24 Mo CD
0.50% $500 Compare
30 Mo CD
0.50% $500 Compare
36 Mo CD
0.80% $500 Compare
48 Mo CD
0.95% $500 Compare
60 Mo CD
1.26% $500 Compare
INT CHECKING RATES APY MIN
Int Ckg
0.05% $1,000

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 31443
Date Established 1922
Assets $ 1.35 million
Loans N.A.
Deposits N.A.
Capital $ 1.32 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 1.35 million
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases N.A.
Loan loss allowance N.A.
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets $ 0.03 million

LIABILITIES
Total deposits N.A.
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 94.26%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.03 millionn
      Total Liabilities $ 0.03 million
      Shareholders’ Equity $ 1.32 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 0.72 million
Total Interest Expense $ 0.29 million
Net interest income $ 0.42 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.24 million
Total non interest expense $ 1.90 million
Pre-tax Net Operating Income N.A.

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Brainerd Savings and Loan Association, A Federal Association Locations

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