Grinnell State Bank

Overview | Eligibility Requirements | Receive alerts for this bank

View health report

CURRENT TOP RATE

Overview / Commentary

641-236-3174

814 Fourth Avenue
Grinnell, IA 50112

Grinnell State Bank is headquartered in Grinnell and is the 60^th largest bank in the state of Iowa. It is also the 1,945^th 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.

Related Posts

View all posts from:

2020

7/10 - IA Residents ONLY: 1.51% APY Simply Savings Acct., Balances $100 - $25,000

Reviews

Write a Review

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

Health

A+

Data as of Q2 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	11347
Year Established	1925
Employees	48
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.07%
Return on Equity - YTD	9.88%
Annual Interest Income	$8.0MM

Assets and Liabilities
Assets	Q2 2021vs Q2 2020	$425.4MM$363.5MM
Loans	Q2 2021vs Q2 2020	$287.7MM$276.4MM
Deposits	Q2 2021vs Q2 2020	$345.7MM$283.6MM
Equity Capital	Q2 2021vs Q2 2020	$45.8MM$44.2MM
Loan Loss Allowance	Q2 2021vs Q2 2020	$2.9MM$2.0MM
Unbacked Noncurrent Loans	Q2 2021vs Q2 2020	$557.00K$1.3MM
Real Estate Owned	Q2 2021vs Q2 2020	$0$250.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.00%^*	-	$25k	Simply Savings
OTHER TIERS: 0.01% → $25k - $50k \| 0.04% → $50k - $200k \| 0.06% → $200k+
1.00%^*	-	$25k	Business 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

APY	MIN	MAX	ACCOUNT NAME	VIEW 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

APY	MIN	MAX	ACCOUNT NAME	VIEW 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

APY	MIN	MAX	ACCOUNT NAME	VIEW 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^*	$15k	18 Month CD
OTHER TIERS: 0.15% → $15k - $50k \| 0.25% → $50k+
0.50%^*	$1k^*	$15k	24 Month CD
OTHER TIERS: 0.15% → $15k - $50k \| 0.25% → $50k+
0.50%^*	$1k^*	$15k	30 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^*	$15k	Business 18 Month CD
OTHER TIERS: 0.15% → $15k - $50k \| 0.25% → $50k+
0.50%^*	$1k^*	$15k	Business 24 Month CD
OTHER TIERS: 0.15% → $15k - $50k \| 0.25% → $50k+
0.50%^*	$1k^*	$15k	Business 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

APY	MIN	MAX	ACCOUNT NAME	VIEW 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 Branch	1101 Court Avenue	Marengo, IA 52301
Polk City Branch	205 Broadway	Polk City, IA 50226
Johnston Branch	5601 Merle Hay Road	Johnston, IA 50131
Grinnell State Bank	814 Fourth Avenue	Grinnell, IA 50112

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.