Bank Iowa is headquartered in WEST DES MOINES and is the 11th largest bank in the state of Iowa. It is also the 555th largest bank in the nation. It was established in 1923 and as of March of 2025, it had grown to 271 employees at 25 locations. Bank Iowa's money market rates are 3X the national average, and it has a C+ health rating.
Overall | |
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FDIC Certificate # | 14521 |
Year Established | 1923 |
Employees | 271 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.23% |
Return on Equity - YTD | 16.51% |
Annual Interest Income | $28.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $2.16B$2.12B |
Loans | Q1 2025vs Q1 2024 | $1.62B$1.5B |
Deposits | Q1 2025vs Q1 2024 | $1.8B$1.73B |
Equity Capital | Q1 2025vs Q1 2024 | $161.9MM$150.4MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $22.3MM$21.6MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $24.5MM$7MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $1.3MM$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.11% | $0 | - | Young Saver Savings | ||
0.07%* | $1k* | - | Regular Savings | ||
OTHER TIERS: 0.04% → $0 - $1k |
APY | MIN | MAX | ACCOUNT NAME | VIEW 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 |