Hills Bank and Trust Company
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.50% | 5-year CD | 2.27% - National Average |
| 0.45% | 1-year CD | 1.37% - National Average |
| 0.15% | Savings | 0.26% - National Average |
Hills Bank and Trust Company is headquartered in Hills and is the 4th largest bank in the state of Iowa. It is also the 317th largest bank in the nation. It was established in 1904 and as of December of 2018, it had grown to 485 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.
love this bank
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.
Excellent Service
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!
Excellent Service- Still Has 'Small Town Feel'
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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 14650 |
| Year Established | 1904 |
| Employees | 485 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.23% |
| Return on Equity - YTD | 10.06% |
| Annual Interest Income | $118.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $3.04B$2.96B |
| Loans | Q4 2018vs Q4 2017 | $2.59B$2.44B |
| Deposits | Q4 2018vs Q4 2017 | $2.43B$2.29B |
| Equity Capital | Q4 2018vs Q4 2017 | $385.2MM$355.5MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $37.8MM$29.4MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $11.2MM$9.2MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Hills Bank and Trust Company; 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.
Hills Bank and Trust Company Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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% | - | - | Regular 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | $500k* | $500k | Gold 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.25% | $500 | - | 43 Month CD Special | |
| 3.25% | $500 | - | Business 43 Month CD Special | |
| 2.50% | $500 | - | Business 13 Month CD Special | |
| 2.50% | $500 | - | 13 Month CD Special | |
| 1.50% | $500 | - | 60 Month CD | |
| 1.50% | $500 | - | Business 60 Month CD | |
| 1.20% | $500 | - | 48 Month CD | |
| 1.20% | $500 | - | Business 48 Month CD | |
| 1.20% | $100 | - | 48 Month CollegeSaver CD | |
| 0.95% | $500 | - | Business 36 Month CD | |
| 0.95% | $500 | - | 36 Month CD | |
| 0.85% | $500 | - | 30 Month CD | |
| 0.85% | $500 | - | Business 30 Month CD | |
| 0.75% | $500 | - | 24 Month CD | |
| 0.75% | $500 | - | Business 24 Month CD | |
| 0.75% | $100 | - | 24 Month CollegeSaver CD | |
| 0.75% | $500 | - | Business 24 Month Add-On CD | |
| 0.75% | $500 | - | 24 Month Add-on CD | |
| 0.55% | $500 | - | 18 Month CD | |
| 0.55% | $500 | - | Business 18 Month CD | |
| 0.45% | $500 | - | 12 Month CD | |
| 0.45% | $500 | - | Business 12 Month CD | |
| 0.30% | $500 | - | 6 Month CD | |
| 0.30% | $500 | - | Business 6 Month CD | |
| 0.20% | $500 | - | 3 Month CD | |
| 0.20% | $500 | - | Business 3 Month CD |
Hills Bank and Trust Company IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.25% | $500 | - | 43 Month IRA Special | |
| 3.25% | $100 | - | 43 Month CESA Special | |
| 2.50% | $500 | - | 13 Month IRA Special | |
| 2.50% | $100 | - | 13 Month CESA Special | |
| 1.50% | $500 | - | 60 Month IRA | |
| 1.50% | $100 | - | 60 Month CESA | |
| 1.50% | $100 | - | 60 Month Add-On CESA IRA | |
| 1.50% | $500 | - | 60 Month Add-On IRA | |
| 1.20% | $500 | - | 48 Month IRA | |
| 1.20% | $100 | - | 48 Month CESA | |
| 1.20% | $100 | - | 48 Month Add-On CESA IRA | |
| 1.20% | $500 | - | 48 Month Add-On IRA | |
| 0.95% | $500 | - | 36 Month IRA | |
| 0.95% | $100 | - | 36 Month CESA | |
| 0.95% | $100 | - | 36 Month Add-On CESA IRA | |
| 0.95% | $500 | - | 36 Month Add-On IRA | |
| 0.85% | $500 | - | 30 Month IRA | |
| 0.85% | $100 | - | 30 Month CESA | |
| 0.75% | $500 | - | 24 Month IRA | |
| 0.75% | $100 | - | 24 Month CESA | |
| 0.75% | $100 | - | 24 Month Add-On CESA IRA | |
| 0.75% | $500 | - | 24 Month Add-On IRA | |
| 0.55% | $500 | - | 18 Month IRA | |
| 0.55% | $100 | - | 18 Month CESA | |
| 0.55% | $100 | - | 20 Month Add-On CESA IRA | |
| 0.55% | $500 | - | 20 Month Add-On IRA | |
| 0.45% | $500 | - | 12 Month IRA | |
| 0.45% | $100 | - | 12 Month CESA | |
| 0.30% | $500 | - | 6 Month IRA | |
| 0.30% | $100 | - | 6 Month CESA | |
| 0.20% | $500 | - | 3 Month IRA | |
| 0.20% | $100 | - | 3 Month CESA |
