What are the current interest rates at State Bank of Faribault?

Current rates for State Bank of Faribault include: 60-Month CD: 2.00%

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State Bank of Faribault

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State Bank of Faribault Rates & Review May 2026

Q: How many branches does State Bank of Faribault operate?

State Bank of Faribault currently maintains approximately 3 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, State Bank of Faribault provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated: May 15, 2026

State Bank of Faribault's 72-Month CD'S AND IRA'S rates are at 2.25%, 60-Month CD'S AND IRA'S rates are at 2.00%. MonitorBankRates evaluates the financial stability of State Bank of Faribault with a 4.9 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 3.71%. Rates were last updated on 05/15/2026.

State Bank of Faribault 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 State Bank of Faribault? Share your experience about State Bank of Faribault by leaving a review below, or read customer reviews before you decide to use State Bank of Faribault.

Verified Healthy Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 98/100

MonitorBankRates Rating

4.9

Exceptional Out of 5.0 Stars

Texas Ratio

3.71%

Excellent Lower than avg

The State Bank of Faribault

428 Central Ave N
Faribault, MN 55021

https://www.tsbf.com

State Bank of Faribault CD Rates

Product	Rate	APY	Term
72 Month CD'S AND IRA'S	2.25%	2.25%	72
Min Deposit $1,000 Min Balance $1,000 Last Updated 05/15/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.71%
60 Month CD'S AND IRA'S	2.00%	2.00%	60
Min Deposit $1,000 Min Balance $1,000 Last Updated 05/15/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.71%

State Bank of Faribault Checking Rates

Product	Rate	APY	View More
E-CHECKING	2.50%	2.55%
Min Balance $0 Last Updated 05/15/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.71%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for State Bank of Faribault 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 State Bank of Faribault 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 State Bank of Faribault's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name State Bank of Faribault

Bank Holding Company FARIBAULT BANCSHARES INC

Address 428 Central Ave N, Faribault, MN 55021 · Rice

Website https://www.tsbf.com

FDIC Certificate # 1610

Established 11/14/1919

FDIC Insurance Date 01/01/1934

Domestic Offices 3

Total Branches 3

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 98/100

4.9

Exceptional Out of 5.0 Stars

3.71%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 0.8071%

Return on Equity (ROE) 21.5800%

Non-Performing Loans (NPL) 0.02%

Total Assets $316,165,000

Total Deposits $285,129,000

Equity Capital $21,956,000

Net Income $2,275,000

Headquarters Faribault

Total Offices 3

Source: FDIC | Last Updated 12/31/2025

2026 MBR Health & Safety Badge

State Bank of Faribault earned the Verified Healthy badge

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Frequently Asked Questions About State Bank of Faribault

How many branches does State Bank of Faribault operate?

State Bank of Faribault currently maintains approximately 3 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, State Bank of Faribault does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, State Bank of Faribault provides members with tools to manage their accounts and build a solid financial history.

Does State Bank of Faribault offer online and mobile banking?

Most modern institutions like State Bank of Faribault provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.tsbf.com.