Overview / Commentary
Citizens Bank (IA) is headquartered in Sac City and is the 243rd largest bank in the state of Iowa. It is also the 4,850th largest bank in the nation. It was established in 1929 and as of June of 2019, it had grown to 14 employees at 2 locations. Citizens Bank (IA)'s CD rates are 90% higher than the national average, and it has a B health rating.
Health
B
Data as of Q2 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Citizens Bank (IA) has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 8758 |
| Year Established | 1929 |
| Employees | 14 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.25% |
| Return on Equity - YTD | 14.82% |
| Annual Interest Income | $1.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $49.7MM$48.8MM |
| Loans | Q2 2019vs Q2 2018 | $28.0MM$25.0MM |
| Deposits | Q2 2019vs Q2 2018 | $41.8MM$41.1MM |
| Equity Capital | Q2 2019vs Q2 2018 | $4.6MM$3.9MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $253.00K$243.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $232.00K$147.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $115.00K$115.00K |
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Citizens Bank (IA) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.25% | - | - | Variable Savings |
Citizens Bank (IA) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | - | - | Checking Plus Interest NOW Account |
Citizens Bank (IA) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.37% | $500 | - | 60 Month CD | |
| 2.22% | $500 | - | 48 Month CD | |
| 2.02% | $500 | - | 36 Month CD | |
| 1.86% | $100 | - | 24 Month CD | |
| 1.71% | $500 | - | 12 Month CD | |
| 1.21% | $500 | - | 182 Day CD | |
| 0.76% | $500 | - | 7/31 Day Multiflex CD |
Citizens Bank (IA) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.36% | $100 | - | 3 Month Keogh CD | |
| 1.36% | $100 | - | 3 Month IRA CD |
Locations
| Citizens Bank (IA) Locations | ||
|---|---|---|
| Citizens Bank | 500 Main Street | Sac City, IA 50583 |
| Parking Lot Branch | N 6th Street & Williams Street | Sac City, IA 50583 |