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

BankIowa is headquartered in Cedar Rapids and is the 30th largest bank in the state of Iowa. It is also the 1,205th largest bank in the nation. It was established in 1881 and as of June of 2022, it had grown to 136 employees at 13 locations. BankIowa 's CD rates are 3X the national average, and it 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 - YTD0.8%
Return on Equity - YTD7.82%
Annual Interest Income$11.6MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$786.8MM$775.9MM
LoansQ2 2022vs Q2 2021$505.3MM$495.0MM
DepositsQ2 2022vs Q2 2021$678.3MM$633.5MM
Equity CapitalQ2 2022vs Q2 2021$78.0MM$86.0MM
Loan Loss AllowanceQ2 2022vs Q2 2021$6.4MM$6.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$11.0MM$10.9MM
Real Estate OwnedQ2 2022vs Q2 2021$0$57.00K
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BankIowa CD Rates

3.25%$500-24 Month CD Special
3.10%$500-12 Month CD Special
3.10%$500-3 Month CD Special
3.10%$500-6 Month CD Special
2.75%$500-36 Month One Way Up CD Special


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