Chelsea Savings Bank

Overview / Commentary

www.chelseasavingsbank.com

319-444-3144

601 13th St
Belle Plaine, IA 52208

Chelsea Savings Bank is headquartered in Belle Plaine and is the 172^nd largest bank in the state of Iowa. It is also the 3,742^nd largest bank in the nation. It was established in 1936 and as of June of 2020, it had grown to 22 employees at 4 locations. Chelsea Savings Bank's money market rates are 70% higher than the national average, and it boasts an A+ health rating.

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Health

A+

Data as of Q2 2020

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Health Grade Components

Overall
FDIC Certificate #	15427
Year Established	1936
Employees	22
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.3%
Return on Equity - YTD	8.22%
Annual Interest Income	$2.4MM

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$126.9MM$120.0MM
Loans	Q2 2020vs Q2 2019	$52.5MM$55.0MM
Deposits	Q2 2020vs Q2 2019	$105.3MM$99.1MM
Equity Capital	Q2 2020vs Q2 2019	$20.4MM$18.1MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$496.00K$432.00K
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$1.1MM$760.00K
Real Estate Owned	Q2 2020vs Q2 2019	$177.00K$753.00K

Rates

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Savings
Money Market
Checking
CD

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Chelsea Savings Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	$100	-	IRA
1.00%	-	-	Silver & Gold Christmas Club
0.20%	$25	-	Child Savings
0.15%	$100	-	Savings

Chelsea Savings Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%^*	$150k^*	-	Prime Money Market
OTHER TIERS: 0.25% → $20k - $75k \| 0.50% → $75k - $150k

Chelsea Savings Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$20k^*	-	HI-FI Checking
OTHER TIERS: 0.15% → Up to $20k
0.20%^*	$20k^*	-	NOW Checking
OTHER TIERS: 0.10% → Up to $20k

Chelsea Savings Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.30%^*	$20k^*	-	60 Month CD
OTHER TIERS: 1.20% → $1k - $20k
1.10%^*	$20k^*	-	48 Month CD
OTHER TIERS: 1.00% → $1k - $20k
0.85%^*	$20k^*	-	36 Month CD
OTHER TIERS: 0.75% → $1k - $20k
0.70%^*	$20k^*	-	24 Month CD
OTHER TIERS: 0.60% → $1k - $20k
0.67%	$1k	-	15 Month CD Special
0.50%^*	$20k^*	-	18 Month CD
OTHER TIERS: 0.40% → $1k - $20k
0.45%^*	$20k^*	-	12 Month CD
OTHER TIERS: 0.35% → $1k - $20k
0.40%^*	$20k^*	-	6 Month CD
OTHER TIERS: 0.30% → $1k - $20k
0.35%^*	$20k^*	-	3 Month CD
OTHER TIERS: 0.25% → $1k - $20k

Locations

Chelsea Savings Bank Locations
Van Horne Branch	100 First Avenue	Van Horne, IA 52346
Chelsea Savings Bank - Traer	100 North Main Street	Traer, IA 50675
Chelsea Savings Bank	601 13th St	Belle Plaine, IA 52208
Chelsea Branch	1101 Station Street	Chelsea, IA 52215
Old Victor State Bank Branch	201 Washington Street	Victor, IA 52347

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