Heritage Bank (IA)

Overview | Eligibility Requirements | Receive alerts for this bank

LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

heritagemarion.bank

319-373-5400

695 Marion Boulevard
Marion, IA 52302

Heritage Bank (IA) is headquartered in MARION and is the 227^th largest bank in the state of Iowa. It is also the 4,304^th largest bank in the nation. It was established in 1899 and as of March of 2025, it had grown to 8 employees at 3 locations. Heritage Bank (IA) has a C health rating.

Reviews

Write a Review

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

Health

Data as of Q1 2025

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Heritage Bank (IA) has a low asset base, and a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #	18463
Year Established	1899
Employees	8
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	-0.7%
Return on Equity - YTD	-14.47%
Annual Interest Income	$394K

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$40.4MM$42.1MM
Loans	Q1 2025vs Q1 2024	$19.8MM$20MM
Deposits	Q1 2025vs Q1 2024	$34.5MM$38.7MM
Equity Capital	Q1 2025vs Q1 2024	$2MM$1.9MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$179K$168K
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$0$0
Real Estate Owned	Q1 2025vs Q1 2024	$0$36K

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Heritage Bank (IA) are currently being reviewed.

Locations

Heritage Bank (IA) Locations
Hiawatha Branch	2250 Blairs Ferry Road	Hiawatha, IA 52233
Delhi Branch	402 Franklin	Delhi, IA 52223
Heritage Bank	695 Marion Blvd	Marion, IA 52302

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.