Bank · FDIC insured
Glenwood State Bank
A $545.2M bank headquartered in Glenwood, MN, with 3 branches in Minnesota. Best rates: CDs 4.00% APY.
Glenwood State Bank Carrot Score
65
Carrot Score
Higher than 14% of U.S. banks and credit unions
#5 of 9 in Alexandria, MN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Glenwood State Bank
- Headquarters
- 5 E Minnesota Ave, Glenwood, MN 56334
- FDIC certificate
- 8853 ↗
Branches
3 branches in Minnesota
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Minnesota
3 branches
Glenwood area · 1
- Glenwood State Bank (Incorporated)Main office5 E Minnesota Ave, Glenwood, MN 56334Directions
Alexandria area · 1
- Alexandria Branch2221 S Broadway St, Alexandria, MN 56308Directions
Villard area · 1
- Detached FacilityWashington And Central Streets, Villard, MN 56385Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 10.28% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 2.03% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.70% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $104 | $81 | — |
- CapitalLeverage ratio10.28%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent2.03%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.70%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$104Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Glenwood State Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.