Heritage Bank (IA)
LOCATIONS
3
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HEALTH RATING
C
View health report
CURRENT TOP RATE
2.05% APY
33 Month CD Special
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Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.15% | Savings | 0.27% - National Average |
| 2.05% | 3-year CD | 2.85% - Barclays 36 Month Online CD |
| 0.35% | Money Market |
Overview / Commentary
Heritage Bank (IA) is headquartered in Marion and is the 267th largest bank in the state of Iowa. It is also the 5,161st largest bank in the nation. It was established in 1899 and as of December of 2018, it had grown to 7 employees at 3 locations. Heritage Bank (IA) has a C health rating.
Health
C
Data as of Q4 2018
Learn why bank health mattersAdditional 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.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18463 |
| Year Established | 1899 |
| Employees | 7 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.14% |
| Return on Equity - YTD | 1.52% |
| Annual Interest Income | $1.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $35.7MM$35.5MM |
| Loans | Q4 2018vs Q4 2017 | $19.6MM$19.9MM |
| Deposits | Q4 2018vs Q4 2017 | $31.7MM$31.3MM |
| Equity Capital | Q4 2018vs Q4 2017 | $3.3MM$3.4MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $108.00K$120.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $98.00K$103.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $539.00K$0 |
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Heritage Bank (IA) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | - | - | Savings Account |
Heritage Bank (IA) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $10k* | - | Money Market Investment Account | ||
| OTHER TIERS: 0.15% → $2.5k - $10k | |||||
Heritage Bank (IA) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $500 | - | NOW Account |
Heritage Bank (IA) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.05%* | $25k* | - | 33 Month CD Special | ||
| OTHER TIERS: 1.85% → $1k - $25k | |||||
| 1.80%* | $25k* | - | 20 Month CD Special | ||
| OTHER TIERS: 1.60% → $1k - $25k | |||||
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 Boulevard | Marion, IA 52302 |