Mount Vernon Bank and Trust Company

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.50%	Reward Checking	2.12% - National Average
0.70%	1-year CD	2.75% - Goldman Sachs Bank USA High-yield 12 Month CD
0.20%	Savings	2.25% - Goldman Sachs Bank USA High-yield 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.

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Health

A+

Data as of Q3 2018

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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

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Money Market
Checking
CD
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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
2.50%	$2.5k	-	10 - 22 Month Flex-Term 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
0.90%	$500	-	24 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

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