What are the current interest rates at Ultima Bank Minnesota?

Current rates for Ultima Bank Minnesota include: 12-Month CD: 2.11%, 18-Month CD: 2.21%, 24-Month CD: 2.31%, 36-Month CD: 2.82%, 48-Month CD: 2.92%, 60-Month CD: 3.02%, Savings: 0.20%, MMA: 0.30%

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Ultima Bank Minnesota

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Ultima Bank Minnesota Rates & Review September 2026

Q: How many branches does Ultima Bank Minnesota operate?

Ultima Bank Minnesota currently maintains approximately 6 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Ultima Bank Minnesota 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.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Ultima Bank Minnesota 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 and Verified: September 19, 2026

Ultima Bank Minnesota's IRA Certificate of Deposit - 60-Month rates are at 3.12%, 60-Months 60-Month Certificate rates are at 3.02%, IRA Certificate of Deposit - 48-Month rates are at 3.02%, 48-Months 48-Month Certificate rates are at 2.92%, IRA Certificate of Deposit - 36-Month rates are at 2.92%. Ultima Bank Minnesota's savings rates are at 0.20%. Ultima Bank Minnesota's money market rates are at 0.30%. MonitorBankRates evaluates the financial stability of Ultima Bank Minnesota with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 5.52%. Rates last updated and verified on 09/19/2026.

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

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 97/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

5.52%

Excellent Lower than avg

Health Trend

Steady 12 quarters

Full history ›

Ultima Bank Minnesota

9 W Minnesota Ave
Winger, MN 56592

https://www.ultimabank.com

Ultima Bank Minnesota CD Rates

Product	Rate	APY	Term
IRA Certificate of Deposit - 60 Month	3.10%	3.12%	60 Month
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
60 Month Certificate	3.00%	3.02%	60 Months
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificate of Deposit - 48 Month	3.00%	3.02%	48 Month
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
48 Month Certificate	2.90%	2.92%	48 Months
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificate of Deposit - 36 Month	2.90%	2.92%	36 Month
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
36 Month Certificate	2.80%	2.82%	36 Months*
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificate of Deposit - 24 Month	2.40%	2.41%	24 Month
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
24 Month Certificate	2.30%	2.31%	24 Months
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
18 Month Certificate	2.20%	2.21%	18 Months
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificate of Deposit - 12 Month	2.20%	2.21%	12 Month
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
12 Month Certificate	2.10%	2.11%	12 Months
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
9 Month Certificate	1.65%	1.65%	9 Months
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
6 Month Certificate	1.40%	1.40%	6 Months
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
3 Month Certificate	1.15%	1.15%	3 Months
No additional details. Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%

Ultima Bank Minnesota Savings Rates

Product	Rate	APY
SMART Savings	4.50%	4.58%
Min Balance $0 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business UBM Direct Savings	3.93%	4.00%
Min Balance $1,000,000 Details Balance: 1,000,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business UBM Direct Savings	3.93%	4.00%
Details Available Balance: 1,000,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
UBM Direct Savings	3.93%	4.00%
Min Balance $1,000,000 Details Available Balance: 1,000,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business UBM Direct Savings	2.75%	2.78%
Min Balance $350,000 Details Balance: 350,000 - 999,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business UBM Direct Savings	2.75%	2.78%
Details Available Balance: 350,000 - 999,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
UBM Direct Savings	2.75%	2.78%
Min Balance $350,000 Details Available Balance: 350,000 - 999,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
UBM Direct Savings	2.75%	2.78%
Min Balance $350,000 Details Balance: 350,000 - 999,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business UBM Direct Savings	2.55%	2.58%
Min Balance $100,000 Details Balance: 100,000 - 349,000 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business UBM Direct Savings	2.55%	2.58%
Details Available Balance: 100,000 - 349,000 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
UBM Direct Savings	2.55%	2.58%
Min Balance $100,000 Details Available Balance: 100,000 - 349,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
UBM Direct Savings	2.55%	2.58%
Min Balance $100,000 Details Balance: 100,000 - 349,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business UBM Direct Savings	2.35%	2.38%
Min Balance $1,000 Details Balance: 1,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business UBM Direct Savings	2.35%	2.38%
Details Available Balance: 1,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
UBM Direct Savings	2.35%	2.38%
Min Balance $1,000 Details Available Balance: 1,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
UBM Direct Savings	2.35%	2.38%
Min Balance $1,000 Details Balance: 1,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Statement Savings	0.65%	0.65%
Min Balance $50,000 Details Balance: 50,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Statement Savings	0.55%	0.55%
Min Balance $25,000 Details Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.55%	0.55%
Min Balance $100,000 Details Balance: 100,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.55%	0.55%
Details Available Balance: 100,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.55%	0.55%
Min Balance $100,000 Details Available Balance: 100,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Statement Savings	0.45%	0.45%
Min Balance $10,000 Details Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.45%	0.45%
Min Balance $75,000 Details Balance: 75,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.45%	0.45%
Details Available Balance: 75,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.45%	0.45%
Min Balance $75,000 Details Available Balance: 75,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.45%	0.45%
Min Balance $75,000 Details Balance: 75,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.40%	0.40%
Min Balance $50,000 Details Balance: 50,000 - 74,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.40%	0.40%
Details Available Balance: 50,000 - 74,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.40%	0.40%
Min Balance $50,000 Details Available Balance: 50,000 - 74,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.40%	0.40%
Min Balance $50,000 Details Balance: 50,000 - 74,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Statement Savings	0.35%	0.35%
Min Balance $2,500 Details Balance: 2,500 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.35%	0.35%
Min Balance $25,000 Details Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.35%	0.35%
Details Available Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.35%	0.35%
Min Balance $25,000 Details Available Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.35%	0.35%
Min Balance $25,000 Details Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Statement Savings	0.30%	0.30%
Details Balance: 0 - 2,499 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.30%	0.30%
Min Balance $10,000 Details Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.30%	0.30%
Details Available Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.30%	0.30%
Min Balance $10,000 Details Available Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.30%	0.30%
Min Balance $10,000 Details Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.25%	0.25%
Min Balance $2,500 Details Balance: 2,500 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.25%	0.25%
Details Available Balance: 2,500 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Commercial Savings	0.25%	0.25%
Min Balance $0 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Personal Savings	0.25%	0.25%
Min Balance $0 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.25%	0.25%
Min Balance $2,500 Details Available Balance: 2,500 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.25%	0.25%
Min Balance $2,500 Details Balance: 2,500 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.20%	0.20%
Min Balance $0 Details Balance: 0 - 2,499 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Savings	0.20%	0.20%
Details Available Balance: 0 - 2,499 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.20%	0.20%
Details Available Balance: 0 - 2,499 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Savings	0.20%	0.20%
Min Balance $0 Details Balance: 0 - 2,499 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%

Ultima Bank Minnesota Money Market Rates

Product	Rate	APY
Business Money Market Account	0.65%	0.65%
Min Balance $50,000 Details Balance: 50,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Money Market Account	0.55%	0.55%
Min Balance $25,000 Details Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Money Market Account	0.45%	0.45%
Min Balance $10,000 Details Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Money Market Account	0.35%	0.35%
Min Balance $2,500 Details Balance: 2,500 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Money Market Account	0.30%	0.30%
Details Balance: 0 - 2,499 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%

Ultima Bank Minnesota Checking Rates

Product	Rate	APY
Business Ultima Checking	0.45%	0.45%
Min Balance $100,000 Details Balance: 100,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.45%	0.45%
Details Available Balance: 100,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Checking	0.45%	0.45%
Min Balance $100,000 Details Balance: 100,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.40%	0.40%
Min Balance $75,000 Details Balance: 75,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.40%	0.40%
Details Available Balance: 75,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Checking	0.40%	0.40%
Min Balance $75,000 Details Balance: 75,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.35%	0.35%
Min Balance $50,000 Details Balance: 50,000 - 74,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.35%	0.35%
Details Available Balance: 50,000 - 74,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Checking	0.35%	0.35%
Min Balance $50,000 Details Balance: 50,000 - 74,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.30%	0.30%
Min Balance $25,000 Details Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.30%	0.30%
Details Available Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Checking	0.30%	0.30%
Min Balance $25,000 Details Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.25%	0.25%
Min Balance $10,000 Details Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.25%	0.25%
Details Available Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Checking	0.25%	0.25%
Min Balance $10,000 Details Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.20%	0.20%
Min Balance $1,000 Details Balance: 1,000 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Ultima Checking	0.20%	0.20%
Details Available Balance: 1,000 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Ultima Checking	0.20%	0.20%
Min Balance $1,000 Details Balance: 1,000 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%

Ultima Bank Minnesota Other Rates

Product	Rate	Points	APY/APR	Term
Business Liquid Asset	1.25%	-	1.26%
Min Balance $0 Details Balance: 0 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	1.45%	-	1.46%
Min Balance $10,000 Details Balance: 10,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	1.55%	-	1.56%
Min Balance $50,000 Details Balance: 50,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	2.05%	-	2.07%
Min Balance $100,000 Details Balance: 100,000 - 249,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	2.15%	-	2.17%
Min Balance $250,000 Details Balance: 250,000 - 499,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	2.35%	-	2.38%
Min Balance $500,000 Details Balance: 500,000 - 999,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	3.60%	-	3.66%
Min Balance $1,000,000 Details Balance: 1,000,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	1.25%	-	1.26%
Details Available Balance: 0 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	1.45%	-	1.46%
Details Available Balance: 10,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	1.55%	-	1.56%
Details Available Balance: 50,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	2.05%	-	2.07%
Details Available Balance: 100,000 - 249,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	2.15%	-	2.17%
Details Available Balance: 250,000 - 499,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	2.35%	-	2.38%
Details Available Balance: 500,000 - 999,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Business Liquid Asset	3.60%	-	3.66%
Details Available Balance: 1,000,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit	0.30%	-	0.30%
Min Balance $0 Details Balance: 0 - 2,499 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit	0.35%	-	0.35%
Min Balance $2,500 Details Balance: 2,500 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit	0.45%	-	0.45%
Min Balance $10,000 Details Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit	0.55%	-	0.55%
Min Balance $25,000 Details Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit	0.65%	-	0.65%
Min Balance $50,000 Details Balance: 50,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit	0.30%	-	0.30%
Min Balance $0 Details Balance: 0 - 2,499 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit	0.35%	-	0.35%
Min Balance $2,500 Details Balance: 2,500 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit	0.45%	-	0.45%
Min Balance $10,000 Details Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit	0.55%	-	0.55%
Min Balance $25,000 Details Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit	0.65%	-	0.65%
Min Balance $50,000 Details Balance: 50,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit - 12 Month	2.20%	-	2.21%	12 Month
Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit - 24 Month	2.40%	-	2.41%	24 Month
Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit - 36 Month	2.90%	-	2.92%	36 Month
Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit - 48 Month	3.00%	-	3.02%	48 Month
Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
IRA Certificates of Deposit - 60 Month	3.10%	-	3.12%	60 Month
Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Minimum CD Amount	0.30%	-	0.30%
Details $1,000; Balance: 0 - 9,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Minimum CD Amount	0.35%	-	0.35%
Min Balance $10,000 Details $1,000; Balance: 10,000 - 24,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Minimum CD Amount	0.45%	-	0.45%
Min Balance $25,000 Details $1,000; Balance: 25,000 - 49,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Minimum CD Amount	0.55%	-	0.55%
Min Balance $50,000 Details $1,000; Balance: 50,000 - 74,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Minimum CD Amount	0.65%	-	0.65%
Min Balance $75,000 Details $1,000; Balance: 75,000 - 99,999 Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%
Minimum CD Amount	0.75%	-	0.75%
Min Balance $100,000 Details $1,000; Balance: 100,000 & Over Last Updated 09/19/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 5.52%

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Financial Health History

Ultima Bank Minnesota’s Texas Ratio rose from 4.29% in Q3 2023 to 5.52% in Q2 2026, so its financial health has held steady at a healthy level over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$334M	5.52%	5.0	A+
March 31, 2026	$319M	1.61%	5.0	A+
December 31, 2025	$317M	1.71%	5.0	A+
September 30, 2025	$319M	2.25%	5.0	A+
June 30, 2025	$311M	6.92%	5.0	A
March 31, 2025	$302M	0.66%	5.0	A+
December 31, 2024	$291M	1.42%	5.0	A+
September 30, 2024	$293M	1.80%	5.0	A+
June 30, 2024	$291M	2.07%	5.0	A+
March 31, 2024	$273M	2.38%	5.0	A+
December 31, 2023	$269M	4.47%	5.0	A+
September 30, 2023	$266M	4.29%	5.0	A+

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Ultima Bank Minnesota 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 Ultima Bank Minnesota 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 Ultima Bank Minnesota's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Ultima Bank Minnesota

Bank Holding Company FINANCIAL SERVICES WINGER INC

Address 9 W Minnesota Ave, Winger, MN 56592 · Polk

Website https://www.ultimabank.com

FDIC Certificate # 8867

Established 19040101

FDIC Insurance Date 19340101

Domestic Offices 6

Total Branches 6

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 97/100

5.0

Exceptional Out of 5.0 Stars

5.52%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.7564%

Return on Equity (ROE) 16.1500%

Non-Performing Loans (NPL) 0.59%

Total Assets $333,896,000

Total Deposits $277,289,000

Equity Capital $35,461,000

Net Income $2,840,000

Headquarters Winger

Total Branches and Offices 6

Source: FDIC | Last Updated 06/30/2026

2026 MBR Health & Safety Badge

Ultima Bank Minnesota earned the Verified Healthy badge

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Frequently Asked Questions About Ultima Bank Minnesota

How many branches does Ultima Bank Minnesota operate?

Ultima Bank Minnesota currently maintains approximately 6 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, Ultima Bank Minnesota 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, Ultima Bank Minnesota provides members with tools to manage their accounts and build a solid financial history.

Does Ultima Bank Minnesota offer online and mobile banking?

Most modern institutions like Ultima Bank Minnesota 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.ultimabank.com.