Connection Bank

Overview / Commentary

www.myconnectionbank.com

319-372-5164

636 Avenue G
Fort Madison, IA 52627

Connection Bank is headquartered in FORT MADISON and is the 59^th largest bank in the state of Iowa. It is also the 1,801^st largest bank in the nation. It was established in 1854 and as of March of 2023, it had grown to 64 employees at 5 locations. Connection Bank has an A+ health rating.

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Health

A+

Data as of Q1 2023

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Health Grade Components

Overall
FDIC Certificate #	955
Year Established	1854
Employees	64
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.29%
Return on Equity - YTD	13.3%
Annual Interest Income	$4.8MM

Assets and Liabilities
Assets	Q1 2023vs Q1 2022	$478.5MM$386.3MM
Loans	Q1 2023vs Q1 2022	$377.8MM$297.3MM
Deposits	Q1 2023vs Q1 2022	$395.6MM$349.1MM
Equity Capital	Q1 2023vs Q1 2022	$45.6MM$35.1MM
Loan Loss Allowance	Q1 2023vs Q1 2022	$4.5MM$3.0MM
Unbacked Noncurrent Loans	Q1 2023vs Q1 2022	$404.00K$300.00K
Real Estate Owned	Q1 2023vs Q1 2022	$0$15.00K

Rates

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

Connection Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
3.20%	-	-	Health Savings
0.75%^*	-	$50k	Kasasa Saver
OTHER TIERS: 0.42% → $50k+
0.50%	-	-	Kids Savings
0.20%	-	-	Christmas Club
0.15%	-	-	Savings

Connection Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%^*	-	$25k	Kasasa Cash
OTHER TIERS: 0.65% → $25k+
0.10%	$1k	-	Interest Checking

Connection Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.21%	$1k	-	60 Month CD
1.00%	$1k	-	48 Month CD
0.75%	$1k	-	36 Month CD
0.60%	$1k	-	30 Month CD
0.50%	$1k	-	24 Month CD
0.45%	$1k	-	12 Month CD
0.45%	$1k	-	18 Month CD
0.20%	$1k	-	180-364 Day CD
0.20%	$1k	-	9 Month CD
0.10%	$2.5k	-	7-31 Day CD
0.10%	$2.5k	-	32-89 Day CD
0.10%	$1k	-	90-179 Day CD

Connection Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.21%	$2k	-	60 Month Fixed IRA
0.60%	$50	-	18 Month Variable IRA
0.50%	$2k	-	24 Month Fixed IRA
0.45%	$1k	-	12 Month Fixed IRA
0.45%	$500	-	18 Month Fixed IRA
0.20%	$500	-	9 Month Fixed IRA

Locations

Connection Bank Locations
Burlington Branch	115 Legacy Drive	Burlington, IA 52601

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