Mount Vernon Bank and Trust Company

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.50%	Reward Checking	2.06% - National Average
0.70%	1-year CD	2.65% - Barclays 12 Month Online CD
0.20%	Savings	2.00% - Ally Bank Online Savings Account

View all Mount Vernon Bank and Trust Company rates »

Overview / Commentary

www.mountvernonbank.com

319-895-8835

206 First Street West
Mount Vernon, IA 52314

Mount Vernon Bank and Trust Company is headquartered in Mount Vernon and is the 167^th largest bank in the state of Iowa. It is also the 3,772^nd largest bank in the nation. It was established in 1884 and as of September of 2018, it had grown to 23 employees at 2 locations. Mount Vernon Bank and Trust Company's money market rates are 36% higher than the national average, and it boasts an A+ health rating.

Reviews

Write a Review

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

Health

A+

Data as of Q3 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	10494
Year Established	1884
Employees	23
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.12%
Return on Equity - YTD	7.98%
Annual Interest Income	$3.4MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$123.9MM$117.5MM
Loans	Q3 2018vs Q3 2017	$86.3MM$79.8MM
Deposits	Q3 2018vs Q3 2017	$104.5MM$94.5MM
Equity Capital	Q3 2018vs Q3 2017	$16.9MM$16.5MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$1.0MM$1.0MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$4.00K$91.00K
Real Estate Owned	Q3 2018vs Q3 2017	$0$0

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 Mount Vernon 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.

Mount Vernon Bank and Trust Company Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.26%	-	-	Traditional IRA Account
0.20%	-	-	Regular Savings Account

Mount Vernon Bank and Trust Company Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.60%^*	$500k^*	-	Money Market Plus
OTHER TIERS: 0.15% → $10k - $50k \| 0.30% → $50k - $100k \| 0.40% → $100k - $250k \| 0.50% → $250k - $500k
0.35%^*	$100k^*	-	Money Market
OTHER TIERS: 0.10% → $1k - $2.5k \| 0.15% → $2.5k - $10k \| 0.25% → $10k - $50k \| 0.30% → $50k - $100k

Mount Vernon Bank and Trust Company Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%^*	-	$25k	eChecking
OTHER TIERS: 0.40% → $25k+
0.25%^*	$2.5k^*	-	Consumer Super Now Account
OTHER TIERS: 0.10% → Up to $2.5k
0.25%^*	$10k^*	-	Commercial Super Now
OTHER TIERS: 0.15% → Up to $10k
0.25%^*	$10k^*	-	Institutional Super Now
OTHER TIERS: 0.15% → Up to $10k

Mount Vernon Bank and Trust Company CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.02%	$2.5k	-	46 Month CD Special
2.50%	$2.5k	-	17 Month CD Special
1.75%	$100	-	24 Month Young Savers CD
1.30%	$500	-	48 Month CD
1.10%	$500	-	36 Month CD
1.00%	$500	-	30 Month CD
0.80%	$500	-	18 Month CD
0.70%	$500	-	12 Month CD
0.60%	$2.5k	-	182 Day CD
0.20%	$2.5k	-	91 Day CD

Mount Vernon Bank and Trust Company IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.27%	$250	-	60 Month Roth IRA
1.76%	$250	-	36 Month Roth IRA
1.00%	$250	-	12 Month Roth IRA

Locations

Mount Vernon Bank and Trust Company Locations
Mount Vernon Bank and Trust Company	206 First Street West	Mount Vernon, IA 52314
Drive-In Branch	116 Third Avenue South	Mount Vernon, IA 52314

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.