BankIowa of Cedar Rapids

Overview / Commentary
7045 C Avenue Northeast
Cedar Rapids, IA 52402

BankIowa of Cedar Rapids is headquartered in Cedar Rapids and is the 27th largest bank in the state of Iowa. It is also the 1,186th largest bank in the nation. It was established in 1881 and as of March of 2021, it had grown to 137 employees at 12 locations. BankIowa of Cedar Rapids has a B+ health rating.

Reviews (1)

Additional Information

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"US citizen" or "PR" only.


Health Grade Components

FDIC Certificate #17282
Year Established1881
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.94%
Return on Equity - YTD8.67%
Annual Interest Income$5.8MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$779.4MM$695.5MM
LoansQ1 2021vs Q1 2020$525.3MM$538.4MM
DepositsQ1 2021vs Q1 2020$633.8MM$559.0MM
Equity CapitalQ1 2021vs Q1 2020$84.4MM$78.4MM
Loan Loss AllowanceQ1 2021vs Q1 2020$6.1MM$5.5MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$14.0MM$12.6MM
Real Estate OwnedQ1 2021vs Q1 2020$57.00K$107.00K
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Always verify rates and promotions with the bank or credit union. We are not BankIowa of Cedar Rapids; 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.

BankIowa of Cedar Rapids Savings Account Rates

1.00%*-$40kFirst Time Homebuyer's Savings Account
OTHER TIERS: 0.05% $40k+
0.50%--Health Savings Account (HSA)
0.05%--Personal Savings
0.05%--Christmas Club

BankIowa of Cedar Rapids Money Market Rates

0.70%*$1m*-Premium Money Market
OTHER TIERS: 0.10% $10k - $25k | 0.20% $25k - $100k | 0.30% $100k - $250k | 0.45% $250k - $1m
0.40%*$500k*-Platinum Money Market Account
OTHER TIERS: 0.05% $1.5k - $100k | 0.20% $100k - $250k | 0.30% $250k - $500k

BankIowa of Cedar Rapids Checking Account Rates

1.51%*-$15kChampion Checking
OTHER TIERS: 0.07% $15k+
0.05%--Personal Interest Checking

BankIowa of Cedar Rapids CD Rates

0.60%$500-36 Month One Way Up CD Special
0.50%$500-18 Month CD Special
0.35%$500-9 Month CD Special
0.24%$500-60 Month CD
0.20%$500-3 Month CD Special
0.19%$500-36 Month CD
0.19%$500-48 Month CD
0.17%$500-24 Month CD
0.14%$500-12 Month CD
0.09%$500-6 Month CD
0.05%$500-3 Month CD


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