Connection Bank


Overview / Commentary
319-372-5164
636 Avenue G
Fort Madison, IA 52627

Connection Bank is headquartered in FORT MADISON and is the 60th largest bank in the state of Iowa. It is also the 1,754th largest bank in the nation. It was established in 1854 and as of March of 2025, it had grown to 61 employees at 5 locations. Connection Bank has an A health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
FDIC Certificate #955
Year Established1854
Employees61
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.49%
Return on Equity - YTD15.28%
Annual Interest Income$6.5MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$518.3MM$507.7MM
LoansQ1 2025vs Q1 2024$445.6MM$416.9MM
DepositsQ1 2025vs Q1 2024$439.1MM$424.3MM
Equity CapitalQ1 2025vs Q1 2024$49.8MM$46.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$5MM$4.8MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.5MM$167K
Real Estate OwnedQ1 2025vs Q1 2024$0$62K
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Connection Bank; 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.

Connection Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.57%$0-Health Savings
0.75%*$0$50kKasasa Saver
OTHER TIERS: 0.25% $50k - $150k
0.49%$0-Kids Savings
0.20%$1-Christmas Club
0.15%$0-Savings
0.15%$0- Business Savings

Connection Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%*$0$25kKasasa Cash
OTHER TIERS: 0.25% $25k - $125k
0.10%$1k-Interest Checking

Connection Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.21%$1k-60 Month CD
1.21%$1k-Business 60 Month CD
1.00%$1k-48 Month CD
1.00%$1k-Business 48 Month CD
0.75%$1k-36 Month CD
0.75%$1k-Business 36 Month CD
0.60%$1k-30 Month CD
0.60%$1k-Business 30 Month CD
0.50%$1k-24 Month CD
0.50%$1k-Business 24 Month CD
0.45%$1k-12 Month CD
0.45%$1k-18 Month CD
0.45%$1k-Business 12 Month CD
0.45%$1k-Business 18 Month CD
0.20%$1k-180-364 Day CD
0.20%$1k-9 Month CD
0.20%$1k-Business 180-364 Day CD
0.20%$1k-Business 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
0.10%$2.5k-Business 7-31 Day CD
0.10%$2.5k-Business 32-89 Day CD
0.10%$1k-Business 90-179 Day CD

Connection Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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 Branch115 Legacy DriveBurlington, IA 52601

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.