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Federation Bank


Overview / Commentary
www.federationbankia.com
319-653-7256
102 East Main Street
Washington, IA 52353-0529

Federation Bank is headquartered in Washington and is the 160th largest bank in the state of Iowa. It is also the 3,584th largest bank in the nation. It was established in 1906 and as of June of 2020, it had grown to 31 employees at 4 locations. Federation Bank has a B+ health rating.

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Health
B+

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #14352
Year Established1906
Employees31
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.81%
Return on Equity - YTD8.42%
Annual Interest Income$2.9MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$139.6MM$128.5MM
LoansQ2 2020vs Q2 2019$95.4MM$94.4MM
DepositsQ2 2020vs Q2 2019$113.1MM$102.7MM
Equity CapitalQ2 2020vs Q2 2019$13.6MM$12.4MM
Loan Loss AllowanceQ2 2020vs Q2 2019$1.4MM$1.0MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$2.1MM$1.2MM
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Federation 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.

Federation Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--IRA Savings
0.10%--HSA Checking
0.05%--Statement Savings
0.05%--Christmas Club
0.05%--PennySavers Club

Federation Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$250k*-Earnings Money Market
OTHER TIERS: 0.05% → $1k - $25k | 0.10% → $25k - $100k | 0.15% → $100k - $250k
0.15%*$100k*-Money Market
OTHER TIERS: 0.05% → $1k - $25k | 0.10% → $25k - $100k

Federation Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$1k-Club Fed Gold Checking
0.05%$1k-Super NOW Checking
0.05%$1k-Club Fed Checking

Federation Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.36%$500-59 Month CD Special
1.36%$250-59 Month HSA Special
1.26%$500-35 Month CD Special
1.26%$250-35 Month HSA Special
1.00%$500-25 Month CD Special
1.00%$250-25 Month HSA Special
0.90%$500-60 Month CD
0.90%$250-60 Month HSA
0.80%$500-48 Month CD
0.80%$250-48 Month HSA
0.70%$500-36 Month CD
0.70%$250-36 Month HSA
0.60%$500-30 Month CD
0.60%$250-30 Month HSA
0.50%$500-24 Month CD
0.50%$250-24 Month HSA
0.30%$500-18 Month CD
0.30%$250-18 Month HSA
0.20%$500-12 Month CD
0.20%$250-12 Month HSA
0.10%$500-6 Month CD
0.10%$250-6 Month HSA
0.05%$500-3 Month CD
0.05%$250-3 Month HSA

Federation Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.36%$250-59 Month IRA Special
1.26%$250-35 Month IRA Special
1.00%$250-25 Month IRA Special
0.90%$250-60 Month IRA
0.80%$250-48 Month IRA
0.70%$250-36 Month IRA
0.60%$250-30 Month IRA
0.50%$250-24 Month IRA
0.30%$250-18 Month IRA
0.20%$250-12 Month IRA
0.10%$250-6 Month IRA
0.05%$250-3 Month IRA
Locations


Federation Bank Locations
Federation Bank102 East Main StreetWashington, IA 52353
Richland Branch107 Richland StreetRichland, IA 52585
Brighton Branch112 East Washington StreetBrighton, IA 52540
Wellman Branch801 6th StreetWellman, IA 52356

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