Bank · FDIC insured
BankIowa
A $846.2M bank headquartered in Cedar Rapids, IA, with 13 branches in Iowa. Best rates: CDs 4.10% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. Savings: carrot has not captured enough rates to score this yet. Auto loans: no rates found on its website. Credit cards: no rates found on its website.
- CDs894.10%for 31–60 monthsCD rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About BankIowa
BankIowa has been serving customers since 1921, beginning as a single branch bank in Independence, Iowa.
The bank operates branches servicing nine cities and surrounding communities throughout northeast Iowa.
- Headquarters
- 7045 C Ave Ne, Cedar Rapids, IA 52402
- FDIC certificate
- 17282 ↗
Branches
13 branches in Iowa
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Iowa
13 branches
Cedar Rapids area · 4
- BankIowaMain office7045 C Ave Ne, Cedar Rapids, IA 52402Directions
- Edgewood Parkway Branch2701 Edgewood Pkwy Sw, Cedar Rapids, IA 52404Directions
- Bankiowa Branch901 Tower Terrace Rd, Marion, IA 52302Directions
- Norway Branch102 W Railroad St, Norway, IA 52318Directions
Waterloo area · 3
- University Avenue Branch6804 University Ave, Cedar Falls, IA 50613Directions
- Downtown Waterloo330 E 4th St, Waterloo, IA 50703Directions
- Kimball Branch3222 Kimball Ave, Waterloo, IA 50702Directions
Independence area · 3
- Drive Up Branch331 2nd St Ne, Independence, IA 50644Directions
- First Street East Branch230 1st St E, Independence, IA 50644Directions
- Independence South Office Branch305 Enterprise Dr, Independence, IA 50644Directions
Jesup area · 1
- Jesup Branch1311 6th St, Jesup, IA 50648Directions
Lamont area · 1
- Lamont Branch633 Bush St, Lamont, IA 50650Directions
Rowley area · 1
- Rowley Savings Bank Mo Branch114 Ely St, Rowley, IA 52329Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 12.46% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.00% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.60% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $98 | $81 | — |
- CapitalLeverage ratio12.46%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.00%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.60%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$98Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of BankIowa are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.