American Bank N.A. is headquartered in LE MARS and is the 57th largest bank in the state of Iowa. It is also the 1,779th largest bank in the nation. It was established in 1887 and as of March of 2023, it had grown to 46 employees at 2 locations. American Bank N.A.'s CD rates are 6X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 5800 |
Year Established | 1887 |
Employees | 46 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 1.42% |
Return on Equity - YTD | 15.16% |
Annual Interest Income | $5.6MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $487.3MM$400.2MM |
Loans | Q1 2023vs Q1 2022 | $400.9MM$334.2MM |
Deposits | Q1 2023vs Q1 2022 | $420.3MM$333.6MM |
Equity Capital | Q1 2023vs Q1 2022 | $46.8MM$43.1MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $5.4MM$5.0MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $970.00K$1.2MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not American Bank N.A.; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.10% | $50 | - | Christmas Club Account | |
0.60% | - | - | Statement Savings Account | |
0.40% | $250 | - | All American College Saving | |
0.10% | - | - | Business Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.35% | $250k | - | Money Market Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
3.20%* | - | $25k | Rewards Checking | ||
OTHER TIERS: 0.45% → $25k+ | |||||
0.25%* | $10k* | - | American Gold | ||
OTHER TIERS: 0.05% → $500 - $1k | 0.15% → $1k - $10k |
American Bank N.A. Locations | ||
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American Bank, National Association | 234 5th Ave Sw | Le Mars, IA 51031 |
Remsen Branch | 400 West Highway 3 | Remsen, IA 51050 |