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563-582-1841
9th And Main Streets
Dubuque, IA 52001

American Trust & Savings Bank (IA) is headquartered in Dubuque and is the 14st largest bank in the state of Iowa. It is also the 691st largest bank in the nation. It was established in 1905 and as of June of 2014, it had grown to 295 employees at 11 locations. American Trust & Savings Bank (IA)'s money market rates are 3X the national average, and it has a B+ health rating.

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Reviews (3)

Unwilling To Open An Account

So my wife and I showed up at 11:15 on Saturday (Yesterday) to find a teller and a person at the desk.  She offered to help us and then when she figured out we needed to open a Reward Account, she said they would call us when someone was a available and we could come back in.  This was not by any means what we would define as acceptable service.  We took our business to another bank and opened it before noon.

Lowered Deposit

This bank is not up front about having customers make $23 transactions to qualify for the interest. It has also lowered its maximum deposit to $15000 to qualify for the higher interest. They shut down your debit card if you don't make the $23/transactions. Not a very trustworthy bank.

Minimum $23 Per Transaction

Be aware this bank does not state it on their website, but they require you to make $23 transactions in order to count. If you don't adhere to their rules they will shut down your debit card without notice. This bank is not upfront on their reward checking account rules.



Health

Data for Q2 2014

Institution Health

B+

Texas Ratio

GRADE:
B+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 American Trust & Savings Bank (IA) had $15 million in non-current loans and owned real-estate with $113.49 million in equity and loan loss allowances on hand to cover it. This gives American Trust & Savings Bank (IA) a Texas Ratio of 13.22% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for American Trust & Savings Bank (IA) experienced no significant changes from 14.45% as of June 30, 2013 to 13.22% as of June 30, 2014, resulting in a positive change of 8.53%.This indicates that the balance sheet and financial strength for American Trust & Savings Bank (IA) has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, American Trust & Savings Bank (IA) has increased its total deposits by $25.97 million, resulting in 3.59% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth American Trust & Savings Bank (IA) has shown is excellent.

Capitalization

GRADE:
A

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. American Trust & Savings Bank (IA) has $969.3 million in assets with $113.49 million in equity, resulting in a capitalization level of 11.71%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #13150
Year Established1905
Employees295
Primary RegulatorFED
Assets and Liabilities
Assets$969.30 million
Loans$758.37 million
Deposits$749.81 million
Equity Capital$102.74 million
Loan Loss Allowance$10.76 million
Unbacked Noncurrent Loans$10.72 million
Real Estate Owned$4.29 million
Historic Data - June 2013
Assets$869.72 million
Equity Capital$95.38 million
Loan Loss Allowance$10.70 million
Unbacked Noncurrent Loans$10.72 million
Real Estate Owned$7.00 million
Profit Margin - Quarterly
Return on Assets0.67%
Return on Equity6.28%
Interest Income$16.46 million
Rates

Always verify rates and promotions with the bank or credit union. We are not American Trust & Savings Bank (IA), we are a rate comparison website and can not provide official rates or promotions.

American Trust & Savings Bank (IA) Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.51%-$15kREWARDSavings - Qualifying
0.80%$5k-Health Savings Account
0.17%--Christmas Club
0.10%--Passbook Savings
0.10%--Statement Savings
0.05%--REWARDSavings - Non Qualifying

American Trust & Savings Bank (IA) Money Market Rates

DetailsAPYMINMAXPRODUCT
1.51%--IRA Money Market
0.20%$100k-Money Market Investment Account

American Trust & Savings Bank (IA) Checking Account Rates

DetailsAPYMINMAXPRODUCT
3.01%-$15kREWARDChecking - Qualifying
0.10%--Interest Checking
0.05%--REWARDChecking - Non Qualifying

American Trust & Savings Bank (IA) CD Rates

DetailsAPYMINMAXPRODUCT
1.51%$25k-60 Month CD
0.75%$50k-36 Month CD
0.65%$50k-30 Month CD
0.60%$50k-24 Month CD
0.55%$5k-10 Month Special CD
0.50%$5k-18 Month CD
0.50%$2k-21 Month CD
0.45%$50k-12 Month CD
0.35%$10k-9 Month Liquid CD
0.35%$50k-6 Month CD
0.35%$25k-9 Month CD
0.10%$50k-3 Month CD
Locations

American Trust & Savings Bank (IA) has 11 locations. Click to view all American Trust & Savings Bank (IA) locations.