Grinnell State Bank


Overview / Commentary
641-236-3174
814 Fourth Avenue
Grinnell, IA 50112

Grinnell State Bank is headquartered in Grinnell and is the 60th largest bank in the state of Iowa. It is also the 1,945th largest bank in the nation. It was established in 1925 and as of June of 2021, it had grown to 48 employees at 4 locations. Grinnell State Bank's savings rates are 92% higher than the national average, and it boasts an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #11347
Year Established1925
Employees48
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.07%
Return on Equity - YTD9.88%
Annual Interest Income$8.0MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$425.4MM$363.5MM
LoansQ2 2021vs Q2 2020$287.7MM$276.4MM
DepositsQ2 2021vs Q2 2020$345.7MM$283.6MM
Equity CapitalQ2 2021vs Q2 2020$45.8MM$44.2MM
Loan Loss AllowanceQ2 2021vs Q2 2020$2.9MM$2.0MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$557.00K$1.3MM
Real Estate OwnedQ2 2021vs Q2 2020$0$250.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Grinnell State 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.

Grinnell State Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$25kSimply Savings
OTHER TIERS: 0.01% $25k - $50k | 0.04% $50k - $200k | 0.06% $200k+
1.00%*-$25kBusiness Simply Savings
OTHER TIERS: 0.01% $25k - $50k | 0.04% $50k - $200k | 0.06% $200k+
0.25%$50-IRA Open Time
0.25%$250-College Fund Account
0.08%*$200k*-Savings
OTHER TIERS: 0.02% Up to $50k | 0.06% $50k - $200k
0.08%*$200k*-Business Savings
OTHER TIERS: 0.02% Up to $50k | 0.06% $50k - $200k

Grinnell State Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$25k*-Business Money Market Savings
OTHER TIERS: 0.02% $10k - $25k
0.02%$25k-Money Market Savings

Grinnell State Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.07%*$200k*-Premier Checking
OTHER TIERS: 0.01% Up to $50k | 0.05% $50k - $200k
0.05%*$25k*-Full Service Checking
OTHER TIERS: 0.02% $2.5k - $25k

Grinnell State Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$15k*-33 Month One-Time Bump CD Special
OTHER TIERS: 0.50% $1k - $15k
0.60%*$15k*-Business 33 Month One-Time Bump CD Special
OTHER TIERS: 0.50% $1k - $15k
0.50%*$15k*-15 Month One-Time Bump CD Special
OTHER TIERS: 0.40% $1k - $15k
0.50%*$1k*$15k18 Month CD
OTHER TIERS: 0.15% $15k - $50k | 0.25% $50k+
0.50%*$1k*$15k24 Month CD
OTHER TIERS: 0.15% $15k - $50k | 0.25% $50k+
0.50%*$1k*$15k30 Month CD
OTHER TIERS: 0.15% $15k - $50k | 0.25% $50k+
0.50%*$50k*-60 Month CD
OTHER TIERS: 0.30% $1k - $15k | 0.40% $15k - $50k
0.50%*$15k*-Business 15 Month One-Time Bump CD Special
OTHER TIERS: 0.40% $1k - $15k
0.50%*$1k*$15kBusiness 18 Month CD
OTHER TIERS: 0.15% $15k - $50k | 0.25% $50k+
0.50%*$1k*$15kBusiness 24 Month CD
OTHER TIERS: 0.15% $15k - $50k | 0.25% $50k+
0.50%*$1k*$15kBusiness 30 Month CD
OTHER TIERS: 0.15% $15k - $50k | 0.25% $50k+
0.50%*$50k*-Business 60 Month CD
OTHER TIERS: 0.30% $1k - $15k | 0.40% $15k - $50k
0.40%*$50k*-48 Month CD
OTHER TIERS: 0.20% $1k - $15k | 0.30% $15k - $50k
0.40%*$50k*-Business 48 Month CD
OTHER TIERS: 0.20% $1k - $15k | 0.30% $15k - $50k
0.30%*$50k*-36 Month CD
OTHER TIERS: 0.10% $1k - $15k | 0.20% $15k - $50k
0.30%*$50k*-42 Month CD
OTHER TIERS: 0.10% $1k - $15k | 0.20% $15k - $50k
0.30%*$50k*-Business 36 Month CD
OTHER TIERS: 0.10% $1k - $15k | 0.20% $15k - $50k
0.30%*$50k*-Business 42 Month CD
OTHER TIERS: 0.10% $1k - $15k | 0.20% $15k - $50k
0.25%*$50k*-3 Month CD
OTHER TIERS: 0.05% $1k - $15k | 0.15% $15k - $50k
0.25%*$50k*-6 Month CD
OTHER TIERS: 0.05% $1k - $15k | 0.15% $15k - $50k
0.25%*$50k*-12 Month CD
OTHER TIERS: 0.15% $1k - $50k
0.25%*$50k*-Business 3 Month CD
OTHER TIERS: 0.05% $1k - $15k | 0.15% $15k - $50k
0.25%*$50k*-Business 6 Month CD
OTHER TIERS: 0.05% $1k - $15k | 0.15% $15k - $50k
0.25%*$50k*-Business 12 Month CD
OTHER TIERS: 0.15% $1k - $50k
0.05%*$50k*-30-90 Day CD
OTHER TIERS: 0.01% $2.5k - $15k | 0.03% $15k - $50k
0.05%*$50k*-Business 30-90 Day CD
OTHER TIERS: 0.01% $2.5k - $15k | 0.03% $15k - $50k

Grinnell State Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%$1k-33 Month One-Time Bump IRA Special
0.60%$1k-Business 33 Month One-Time Bump IRA Special
0.50%$1k-15 Month One-Time Bump IRA Special
0.50%$1k-60 Month IRA
0.50%$1k-Business 15 Month One-Time Bump IRA Special
0.50%$1k-Business 60 Month IRA
0.40%$1k-48 Month IRA
0.40%$1k-Business 48 Month IRA
0.30%$1k-36 Month IRA
0.30%$1k-42 Month IRA
0.30%$1k-Business 36 Month IRA
0.30%$1k-Business 42 Month IRA
0.25%$1k-3 Month IRA
0.25%$1k-6 Month IRA
0.25%$1k-12 Month IRA
0.25%$1k-18 Month IRA
0.25%$1k-24 Month IRA
0.25%$1k-30 Month IRA
0.25%$1k-Business 3 Month IRA
0.25%$1k-Business 6 Month IRA
0.25%$1k-Business 12 Month IRA
0.25%$1k-Business 18 Month IRA
0.25%$1k-Business 24 Month IRA
0.25%$1k-Business 30 Month IRA
0.05%$2.5k-30-90 Day IRA
0.05%$2.5k-Business 30-90 Day IRA
Locations


Grinnell State Bank Locations
Marengo Branch1101 Court AvenueMarengo, IA 52301
Polk City Branch205 BroadwayPolk City, IA 50226
Johnston Branch5601 Merle Hay RoadJohnston, IA 50131
Grinnell State Bank814 Fourth AvenueGrinnell, IA 50112

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