Mount Vernon Bank and Trust Company

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.00%	Reward Checking	e-Checking 1.84% - National Average
0.50%	1-year CD	12 Month CD 1.40% - Synchrony Bank 12 Month CD
0.10%	Savings	Regular Savings Account 1.20% - Synchrony Bank High Yield Savings

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 174^th largest bank in the state of Iowa. It is also the 3,975^th largest bank in the nation. It was established in 1884 and as of March of 2017, it had grown to 24 employees at 2 locations. Mount Vernon Bank and Trust Company has an A+ health rating.

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Health

A+

Data as of Q1 2017

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Health Grade Components

Overall
FDIC Certificate #	10494
Year Established	1884
Employees	24
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.05%
Return on Equity - YTD	7.76%
Annual Interest Income	$1.0MM

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$121.7MM$110.4MM
Loans	Q1 2017vs Q1 2016	$76.6MM$78.6MM
Deposits	Q1 2017vs Q1 2016	$100.3MM$89.0MM
Equity Capital	Q1 2017vs Q1 2016	$16.2MM$15.7MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$998.00K$950.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$0$3.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$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.

Mount Vernon Bank and Trust Company Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.90%	-	-	Traditional IRA Account
0.10%	-	-	Regular Savings Account

Mount Vernon Bank and Trust Company Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.35%^*	$500k^*	-	Money Market Plus
OTHER TIERS: 0.15% → $10k - $50k \| 0.20% → $50k - $100k \| 0.25% → $100k - $250k \| 0.30% → $250k - $500k
0.20%^*	$100k^*	-	Money Market
OTHER TIERS: 0.10% → $1k - $2,500 \| 0.15% → $2,500 - $100k

Mount Vernon Bank and Trust Company Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%^*	-	$25k	e-Checking
OTHER TIERS: 0.35% → $25k+
0.20%^*	$10k^*	-	Commercial Super Now Account
OTHER TIERS: 0.10% → Up to $10k
0.20%^*	$10k^*	-	Institutional Super Now Account
OTHER TIERS: 0.10% → Up to $10k
0.12%	$1k	-	Friends Plus Super Now Account
0.10%^*	$2,500^*	-	Consumer Super Now Account
OTHER TIERS: 0.05% → Up to $2,500

Mount Vernon Bank and Trust Company CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.01%	$2,500	-	52 Month CD Special
1.75%	$100	-	24 Month Young Savers CD
1.25%	$500	-	48 Month CD
1.05%	$2,500	-	11 Month CD Special
1.00%	$500	-	36 Month CD
0.90%	$500	-	30 Month CD
0.60%	$500	-	18 Month CD
0.50%	$500	-	12 Month CD
0.30%	$2,500	-	182 Day CD
0.15%	$2,500	-	91 Day CD

Mount Vernon Bank and Trust Company IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.81%	$250	-	60 Month Roth IRA
1.21%	$250	-	36 Month Roth IRA
0.60%	$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