Bank · FDIC insured
KodaBank
A $559.8M bank headquartered in Drayton, ND, with 12 branches in 2 states. Best rates: CDs 4.26% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. Savings: carrot has not captured enough rates to score this yet. Auto loans: no rates found on its website. Credit cards: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).
- CDs864.26%for 9–15 monthsCD rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About KodaBank
KodaBank is an independently owned community bank established to serve the financial needs of its community, businesses, and citizens.
The bank operates branches across Northeast North Dakota in Drayton, Grand Forks, Fargo, Neche, Walhalla, Minto, Hamilton, Cavalier, and Pembina, and Northwest Minnesota in Bemidji, Kennedy, and Stephen.
- Headquarters
- 104 S Main St, Drayton, ND 58225
- FDIC certificate
- 8386 ↗
Branches
12 branches in 2 states
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North Dakota
9 branches
Drayton area · 1
- KodaBankMain office104 S Main St, Drayton, ND 58225Directions
Cavalier area · 1
- Cavalier Office307 Main St W, Cavalier, ND 58220Directions
Fargo area · 1
- Fargo Branch Office3181 42nd St. S, Fargo, ND 58104Directions
Grand Forks area · 1
- Grand Forks Branch Office3975 S Columbia Rd, Grand Forks, ND 58201Directions
Hamilton area · 1
- Hamilton Branch1 Wall St, Hamilton, ND 58238Directions
Minto area · 1
- Bank Of Minto Branch521 2nd St, Minto, ND 58261Directions
Neche area · 1
- Neche Branch529 E 5th St, Neche, ND 58265Directions
Pembina area · 1
- Pembina Branch133 W Stutsman St, Pembina, ND 58271Directions
Walhalla area · 1
- Walhalla Branch1112 Central Ave, Walhalla, ND 58282Directions
Minnesota
3 branches
Bemidji area · 1
- Bemidji Branch1060 Paul Bunyan Dr Nw, Bemidji, MN 56601Directions
Kennedy area · 1
- Kennedy Facility101 E 5th St, Kennedy, MN 56733Directions
Stephen area · 1
- Stephen Branch398 Pacific Ave, Stephen, MN 56757Directions
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 | 0.30% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.69% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $89 | $81 | — |
- CapitalLeverage ratio10.28%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.30%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.69%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$89Peers’ 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 KodaBank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.