Odal Sparebank is a local savings bank, focused on retail banking and insurance products and services to local residends: private individuals, SMEs and companies. The range of products offered by Odal Sparebank includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.
Odal Sparebank is the 59th largest bank in Norway in terms of total assets. In 2018 its total assets were 5 083,91 mln NOK, providing the bank with the market share of 0.13%. Odal Sparebank is the 45th largest savings bank in Norway (out of 99 savings banks) having market share of 0.35% amongst the banks of this category. In 2018 the bank's operating income was 85,57 mln NOK.
Odal Sparebank participates in the deposit guarantee scheme of Norway. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons (Norwegian and foreign), legal entities (Norwegian and foreign) and covers up to up to 2,000,000 NOK per bank per depositor. Odal Sparebank is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.
Odal Sparebank is a member of Eika Gruppen (Norway).
Odal Sparebank is located in SAGSTUA.
Odal Sparebank is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937887043).