Connection Bank is headquartered in Burlington and is the 76th largest bank in the state of Iowa. It is also the 2,197th largest bank in the nation. It was established in 1854 and as of March of 2019, it had grown to 90 employees at 6 locations. Connection Bank's CD rates are 40% higher than the national average, and it has an A health rating.
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 955 |
| Year Established | 1854 |
| Employees | 90 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.05% |
| Return on Equity - YTD | 10.42% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $302.1MM$279.6MM |
| Loans | Q1 2019vs Q1 2018 | $228.7MM$210.0MM |
| Deposits | Q1 2019vs Q1 2018 | $270.0MM$236.5MM |
| Equity Capital | Q1 2019vs Q1 2018 | $30.6MM$27.4MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $2.2MM$1.8MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $401.00K$619.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $100.00K$0 |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.26% | - | - | Health Savings | ||
| 0.75%* | - | $50k | Kasasa Saver | ||
| OTHER TIERS: 0.25% → $50k+ | |||||
| 0.50% | - | - | Kids Savings | ||
| 0.20% | - | - | Christmas Club | ||
| 0.15% | - | - | Savings | ||
Connection Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.25%* | - | $25k | Kasasa Cash | ||
| OTHER TIERS: 0.25% → $25k+ | |||||
| 0.10% | $1k | - | Interest Checking | ||
Connection Bank CD Rates
Connection Bank IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.22% | $2k | - | 60 Month Fixed IRA | |
| 1.76% | $2k | - | 24 Month Fixed IRA | |
| 1.66% | $50 | - | 18 Month Variable IRA | |
| 1.66% | $500 | - | 18 Month Fixed IRA | |
| 1.26% | $1k | - | 12 Month Fixed IRA | |
| 1.00% | $500 | - | 9 Month Fixed IRA |
Sorry, but we do not have location data for Connection Bank. Its headquarters is located at 501 Main Street - Keokuk, IA 52632