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Hills Bank and Trust Company


Overview / Commentary
www.hillsbank.com
319-679-2291
131 Main Street
Hills, IA 52235

Hills Bank and Trust Company is headquartered in Hills and is the 4th largest bank in the state of Iowa. It is also the 300th largest bank in the nation. It was established in 1904 and as of September of 2019, it had grown to 482 employees at 20 locations. Hills Bank and Trust Company's money market rates are 36% higher than the national average, and it boasts an A+ health rating.

Related Posts

Hills Bank (IA) Adds 51-Month CD Special (Expired) - 8/9/2019

Hills Bank (Iowa) had offered a 51-month CD Special available to all Iowa residents. This Special CD has expired and is no longer available.

Hills Bank (IA) Offers 47-Month CD Special (Expired) - 4/22/2019

Hills Bank (Iowa) had offered a 47-month CD Special that was available to all Iowa residents. This CD Special has expired and is no longer available.

Reviews (3)

love this bank

Posted by: |

I have had a checking and savings account through Hills Bank, as well as a CD. My experience with the bank as been extremely positive. I first opening my no-fee checking account about 8 years ago. I have never experienced any problems with my checking account. Deposits go through instantly and transfers made from one account to another are also instant. Having a no-fee no minimum checking account is also a huge plus for me as I have been a high school and college student for most of my time with Hills Bank. I have also opened a savings account through Hills Bank. There is a $100 minimum on the savings account, but that is pretty normal. I had to close my savings account at one point (putting money into the stock market), and this was a painless process. I did it in person at a local branch, so I am not sure if it is available over the phone, though knowing their customer service, I am sure it is. I also had a CD through Hills Bank a couple years back, though it was because I opened a credit card through them. I only kept the CD open for about a year as it was only a requirement for me to open up a credit card (I had no credit at the time, so it served as a deposit on my credit card). When it was time to close it, I again went into a local office and had no issues doing so.

Many time I will go into my local branch to deposit checks or take out money just because the people who work there are so friendly. They also provide popcorn and cookies on certain days. The great customer experience and friendliness of the staff make the experience at Hills Bank even better. Overall, Hills Bank has been a great experience and I recommend it for anybody in the Eastern Iowa area.

2

Excellent Service

Posted by: |

I visited Hills Bank branch at University of Iowa Hospitals and Clinics yesterday.  I stopped because I did not have checkbook with me and I needed a check to pay my vehicle registration right after work--otherwise I would have been penalized.  I stopped and the lady (short dark hair) either just got back from lunch or was going to lunch but when she saw other person was busy with a client, she right away put down her bag and offered her assistance without batting an eye.  She was very pleasant and also very helpful.  That is what service excellence is all about.  I was very impressed! Way to go! 

4

Excellent Service- Still Has 'Small Town Feel'

Posted by: |

I have banked at Hills bank for 8 years, and my parents have banked there for decades, and we have had nothing but good experiences. The staff is always very friendly and competent and provides excellent, personal service. They have a good variety of services, competetive rates and are one of the few banks that still doesn't charge ATM fees. Whenever I have had a reason to call customer service, it's easy to get a live person on the phone right away (during business hours) and they have resolved my issue ASAP without hassle. Their internet banking is very reliable, secure and easy to use. I recently moved out of state, so I will be needing to open a local account in my new city, but I plan to keep my savings and investments with Hills Bank.

4


Health
A+

Data as of Q3 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #14650
Year Established1904
Employees482
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.41%
Return on Equity - YTD11.37%
Annual Interest Income$99.1MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$3.36B$3.10B
LoansQ3 2019vs Q3 2018$2.63B$2.53B
DepositsQ3 2019vs Q3 2018$2.70B$2.49B
Equity CapitalQ3 2019vs Q3 2018$416.7MM$378.9MM
Loan Loss AllowanceQ3 2019vs Q3 2018$35.6MM$31.0MM
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$11.0MM$8.9MM
Real Estate OwnedQ3 2019vs Q3 2018$712.00K$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.

Hills Bank and Trust Company Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$500k*-Business Gold Savings
OTHER TIERS: 0.15% → $10k - $25k | 0.20% → $25k - $50k | 0.25% → $50k - $100k | 0.40% → $100k - $250k | 0.50% → $250k - $500k
0.60%*$500k*-Insured Cash Sweep Account
OTHER TIERS: 0.10% → Up to $15k | 0.15% → $15k - $50k | 0.25% → $50k - $100k | 0.40% → $100k - $250k | 0.50% → $250k - $500k
0.60%*$500k*-Gold Savings
OTHER TIERS: 0.15% → $10k - $25k | 0.20% → $25k - $50k | 0.25% → $50k - $100k | 0.40% → $100k - $250k | 0.50% → $250k - $500k
0.15%--Free Savings
0.15%--GO! Savings
0.15%--Penny Savers Savings
0.15%--Business Savings
0.15%$500-Open Time Account Add-On IRA
0.15%--Employee Advantage Savings Account

Hills Bank and Trust Company Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$500k*$500kGold Premier Money Market
OTHER TIERS: 0.25% → $15k - $100k | 0.40% → $100k - $250k | 0.50% → $250k - $500k
0.60%*$500k*-Business Gold Premier Money Market
OTHER TIERS: 0.25% → $15k - $100k | 0.40% → $100k - $250k | 0.50% → $250k - $500k
0.35%*$75k*-Money Market
OTHER TIERS: 0.10% → $1k - $2.5k | 0.15% → $2.5k - $10k | 0.25% → $10k - $75k
0.35%*$75k*-Business Money Market
OTHER TIERS: 0.10% → $1k - $2.5k | 0.15% → $2.5k - $10k | 0.25% → $10k - $75k
0.15%$1k-Employee Advantage Money Market

Hills Bank and Trust Company Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%*-$10kHigh Interest Checking
OTHER TIERS: 0.05% → $10k+
0.55%*$500k*-Business Interest Checking
OTHER TIERS: 0.15% → $2.5k - $15k | 0.20% → $15k - $50k | 0.25% → $50k - $100k | 0.45% → $100k - $500k
0.45%*$100k*-Non-Profit Interest Checking
OTHER TIERS: 0.10% → Up to $1k | 0.15% → $1k - $10k | 0.20% → $10k - $50k | 0.25% → $50k - $100k
0.25%*$10k*-Gold Checking
OTHER TIERS: 0.10% → Up to $1k | 0.15% → $1k - $10k
0.25%*$10k*-UI Employee Advantage Checking
OTHER TIERS: 0.10% → Up to $1k | 0.15% → $1k - $10k
0.25%*$10k*-Friends Club Checking
OTHER TIERS: 0.10% → Up to $1k | 0.15% → $1k - $10k
0.15%$1k-Employee Advantage Checking

Hills Bank and Trust Company CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$500-Business 49 Month CD Special
2.00%$500-49 Month CD Special
1.70%$500-Business 16 Month CD Special
1.70%$500-16 Month CD Special
1.40%$500-60 Month CD
1.40%$500-Business 60 Month CD
1.10%$500-48 Month CD
1.10%$500-Business 48 Month CD
1.10%$100-48 Month CollegeSaver CD
0.90%$500-Business 36 Month CD
0.90%$500-36 Month CD
0.80%$500-30 Month CD
0.80%$500-Business 30 Month CD
0.70%$500-24 Month CD
0.70%$500-Business 24 Month CD
0.70%$100-24 Month CollegeSaver CD
0.70%$500-Business 24 Month Add-On CD
0.70%$500-24 Month Add-on CD
0.50%$500-18 Month CD
0.50%$500-Business 18 Month CD
0.40%$500-12 Month CD
0.40%$500-Business 12 Month CD
0.25%$500-6 Month CD
0.25%$500-Business 6 Month CD
0.15%$500-3 Month CD
0.15%$500-Business 3 Month CD

Hills Bank and Trust Company IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$500-49 Month IRA Special
1.70%$500-16 Month IRA Special
1.40%$500-60 Month IRA
1.40%$100-60 Month CESA
1.40%$100-60 Month Add-On CESA IRA
1.40%$500-60 Month Add-On IRA
1.10%$500-48 Month IRA
1.10%$100-48 Month CESA
1.10%$100-48 Month Add-On CESA IRA
1.10%$500-48 Month Add-On IRA
0.90%$500-36 Month IRA
0.90%$100-36 Month CESA
0.90%$100-36 Month Add-On CESA IRA
0.90%$500-36 Month Add-On IRA
0.80%$500-30 Month IRA
0.80%$100-30 Month CESA
0.70%$500-24 Month IRA
0.70%$100-24 Month CESA
0.70%$100-24 Month Add-On CESA IRA
0.70%$500-24 Month Add-On IRA
0.50%$500-18 Month IRA
0.50%$100-18 Month CESA
0.50%$100-20 Month Add-On CESA IRA
0.50%$500-20 Month Add-On IRA
0.40%$500-12 Month IRA
0.40%$100-12 Month CESA
0.25%$500-6 Month IRA
0.25%$100-6 Month CESA
0.15%$500-3 Month IRA
0.15%$100-3 Month CESA
Locations

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