BankIowa of Cedar Rapids is headquartered in Cedar Rapids and is the 26th largest bank in the state of Iowa. It is also the 1,126th largest bank in the nation. It was established in 1881 and as of September of 2020, it had grown to 136 employees at 11 locations. BankIowa of Cedar Rapids' money market rates are 14% higher than the national average, and it has a B health rating.
Overall | |
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FDIC Certificate # | 17282 |
Year Established | 1881 |
Employees | 136 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.88% |
Return on Equity - YTD | 7.97% |
Annual Interest Income | $19.5MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $770.9MM$682.6MM |
Loans | Q3 2020vs Q3 2019 | $548.3MM$536.4MM |
Deposits | Q3 2020vs Q3 2019 | $610.5MM$542.9MM |
Equity Capital | Q3 2020vs Q3 2019 | $83.0MM$77.7MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $6.3MM$5.5MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $14.7MM$2.5MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $125.00K$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 | |
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1.00%* | - | $40k | First Time Homebuyer's Savings Account | ||
OTHER TIERS: 0.05% → $40k+ | |||||
0.75% | - | - | Health Savings Account (HSA) | ||
0.05% | - | - | Personal Savings | ||
0.05% | - | - | Christmas Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.71%* | - | $15k | Champion Checking | ||
OTHER TIERS: 0.09% → $15k+ | |||||
0.10%* | $100k* | - | Rewards Account | ||
OTHER TIERS: 0.05% → Up to $100k | |||||
0.05% | - | - | Personal Interest Checking |