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Bank Iowa


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.30%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.36%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
3.60%
Our Rating
4.2  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.bankiowa.bank
515-225-0710
1225 Jordan Creek Parkway, #
West Des Moines, IA 50266

Bank Iowa is headquartered in WEST DES MOINES and is the 11th largest bank in the state of Iowa. It is also the 559th largest bank in the nation. It was established in 1923 and as of December of 2024, it had grown to 277 employees at 25 locations. Bank Iowa's money market rates are 3X the national average, and it has a C+ health rating.

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Health
C+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #14521
Year Established1923
Employees277
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.06%
Return on Equity - YTD14.66%
Annual Interest Income$111.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$2.15B$2.07B
LoansQ4 2024vs Q4 2023$1.63B$1.51B
DepositsQ4 2024vs Q4 2023$1.75B$1.71B
Equity CapitalQ4 2024vs Q4 2023$158.1MM$148.1MM
Loan Loss AllowanceQ4 2024vs Q4 2023$22.1MM$21.4MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$22.3MM$6.3MM
Real Estate OwnedQ4 2024vs Q4 2023$1.7MM$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.10%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.30%
Our Rating
4.1  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.20%
Our Rating
3.6  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
3.80%
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
4.36%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 5/21/2025
3.60%
Our Rating
4.2  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
Bonus Amount
up to $300
Our Rating
4.3  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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Always verify rates and promotions with the bank or credit union. We are not Bank Iowa; 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.

Bank Iowa Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.27%*†$20k*-Health Savings Account
OTHER TIERS: 0.11% → $0 - $1k | 0.12% → $1k - $10k | 0.17% → $10k - $20k
0.11%†$0-Young Saver Savings
0.07%*†$1k*-Regular Savings
OTHER TIERS: 0.04% → $0 - $1k

Bank Iowa Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.27%*†$1m*-Premier Money Market
OTHER TIERS: 0.43% → $0 - $25k | 0.60% → $25k - $100k | 0.93% → $100k - $250k | 1.00% → $250k - $1m
0.98%*†$500k*-Money Market
OTHER TIERS: 0.31% → $0 - $1k | 0.45% → $1k - $50k | 0.60% → $50k - $100k | 0.77% → $100k - $500k

Bank Iowa Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.14%*†$100k*-Interest Checking
OTHER TIERS: 0.03% → $0 - $10k | 0.06% → $10k - $25k | 0.09% → $25k - $100k
0.05%†$500-Prestige Checking

Bank Iowa CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$5k-7 Month CD Special
4.10%$5k-13 Month CD Special
4.05%$5k-23 Month CD Special
1.83%†$500-18 Month CD
1.70%†$500-12 Month CD
1.61%†$500-24 Month CD
1.56%†$500-30 Month CD
1.54%†$500-6 Month CD
1.49%†$500-36 Month CD
1.42%†$500-48 Month CD
1.34%†$500-60 Month CD
1.27%†$500-36 Month Step-up CD
1.19%†$500-60 Month Step-up CD
1.01%†$500-3 Month CD
Locations

Availability



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