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American State Bank of Grygla Rates and Review February 2026

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American State Bank of Grygla's savings rates are at 2.00%. You can compare American State Bank of Grygla rates to other rates in our database, including 12-month CD rates currently at 1.61%, 6-month CD rates at 2.50% and 3-month CD rates at 0.15%. Savings rates are at 0.05% and money market rates are at 0.70%. Mortgage rates on 30-year fixed loans are around 6.13%. All these rates, and more, can be found in our database of rates which you can compare to American State Bank of Grygla rates.

American State Bank of Grygla

Rate Updates and Availability

American State Bank of Grygla money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at American State Bank of Grygla? Share your experience about American State Bank of Grygla by leaving a review below, or read customer reviews before you decide to use American State Bank of Grygla.

American State Bank of Grygla Texas Ratio

American State Bank of Grygla's Texas Ratio is at 17.89%, which is considered good. The Texas Ratio for American State Bank of Grygla is higher than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

MonitorBankRates Rating

4.8
Excellent
Out of 5.0 Stars

American State Bank of Grygla has earned a Smart Rating of 4.8 out of 5 stars. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Overall, American State Bank of Grygla is a excellent bank worth considering, with an overall rating of 4.8 stars out of 5 stars.

Current Interest Rates

Rate
APY/APR
vs. Avg
12-Month CD
N/A
18-Month CD
N/A
24-Month CD
N/A
36-Month CD
N/A
48-Month CD
N/A
60-Month CD
N/A
Savings
2.00%
MMA
N/A
30-Year Fixed
N/A
Credit Card
N/A
Personal Loan
N/A

"N/A" indicates the product is not offered or the rate is unavailable.

American State Bank of Grygla
102 S Main Ave
Grygla, MN 56727
Member FDIC
MonitorBankRates
Official Financial Rating
4.8
★★★★★
EXCELLENT
🏆

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American State Bank of Grygla Savings Rates

Product Rate APY View More
High Yield Savings 2.00% 2.00%
Min Balance$10,000
DetailsVariable Rate
Last Updated 02/07/2026

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for American State Bank of Grygla is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather American State Bank of Grygla rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with American State Bank of Grygla's official website for the most current offers and terms.

Bank Profile & Overview

American State Bank of Grygla
102 S Main Ave
Grygla, MN 56727
Marshall
Established Date: 04/30/1976
FDIC Certificate #: 22263
Date of FDIC Deposit Insurance: 04/30/1976
Bank Holding Company: GRYGLA FINANCIAL CORP
How Many Domestic U.S. Offices? 2
How Many Branches are There? 2
Is American State Bank of Grygla FDIC Insured? Yes
What is American State Bank of Grygla's Cert number? 22263
What is the maximum amount for insured deposits? $250,000 per holder, per account

Financial Health & Assets

Total Assets:
$73,692,000
Total Deposits:
$68,228,000
Equity Capital:
$5,146,000
Net Income:
$190,000
Return on Assets (ROA):
1.0766%
Return on Equity (ROE):
16.9900%
Headquarters:
Grygla
Regulator:
FED
# of Offices:
2
Source: FDIC | Last Updated 03/31/2024

Customer Reviews

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Frequently Asked Questions About American State Bank of Grygla

How do I open an account at American State Bank of Grygla?

You can typically open an account at American State Bank of Grygla by visiting a local branch or applying through their official website.

Is there a first-time homebuyer program?

Currently, American State Bank of Grygla provides a range of mortgage and home equity products.

Is American State Bank of Grygla a safe place to deposit money?

Yes, American State Bank of Grygla is considered a safe financial institution. Your accounts are federally insured by the FDIC up to $250,000 per depositor.

Does American State Bank of Grygla offer online and mobile banking?

Most modern institutions like American State Bank of Grygla provide digital access including online balance checks and transfers.

Current American State Bank of Grygla Rates

ProductAPY
Savings2.00%

Rates subject to change.