Bank · FDIC insured
Central Bank
A $2.3B bank headquartered in Storm Lake, IA, with 19 branches in 2 states. Best rates: CDs 3.60% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: not enough terms or balances published to score. Savings: rates are not published online. Auto loans: no rates found on its website. Credit cards: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).
- CDs—3.60%CD rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Central Bank
- Headquarters
- 600 Lake Ave, Storm Lake, IA 50588
- FDIC certificate
- 15555 ↗
Branches
19 branches in 2 states
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Iowa
14 branches
Storm Lake area · 3
- Central BankMain office600 Lake Ave, Storm Lake, IA 50588Directions
- Drive-In Branch1237 Lake Ave, Storm Lake, IA 50588Directions
- Storm Lake Branch 2 - 811 N Lake Ave811 Lake Ave, Storm Lake, IA 50588Directions
Sioux City area · 3
- 522 Fourth Street Branch504 4th St, Sioux City, IA 51101Directions
- Hamilton Branch2906 Hamilton Blvd, Sioux City, IA 51104Directions
- Morningside Branch4201 S Lakeport St, Sioux City, IA 51106Directions
Des Moines area · 2
- 3624 Sixth Avenue Branch3624 6th Ave, Des Moines, IA 50313Directions
- 4018 University Branch4018 University Ave, Des Moines, IA 50311Directions
Ankeny area · 1
- North Ankeny Branch2805 N Ankeny Blvd, Ankeny, IA 50023Directions
Cherokee area · 1
- Cherokee Central Trust Branch201 W Main St, Cherokee, IA 51012Directions
Spirit Lake area · 1
- Spirit Lake Branch1400 18th St, Spirit Lake, IA 51360Directions
Urbandale area · 1
- 86th Street Branch4848 86th St, Urbandale, IA 50322Directions
Waukee area · 1
- Waukee Branch300 E Hickman Rd, Waukee, IA 50263Directions
West Des Moines area · 1
- Mills Civic Branch5070 Mills Civic Pkwy, West Des Moines, IA 50265Directions
South Dakota
5 branches
Sioux Falls area · 3
- North Career Avenue Branch4900 S Western Ave, Sioux Falls, SD 57108Directions
- Sioux Falls - West 12th Branch2104 W 12th St, Sioux Falls, SD 57104Directions
- Sioux Falls South Minnesota Branch2500 S Minnesota Ave, Sioux Falls, SD 57105Directions
Brookings area · 1
- Brookings Branch600 Main Ave, Brookings, SD 57006Directions
Dakota Dunes area · 1
- Dakota Dunes Branch400 Gold Cir, Dakota Dunes, SD 57049Directions
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 | 10.09% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 0.32% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 0.96% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $107 | $88 | — |
- CapitalLeverage ratio10.09%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent0.32%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets0.96%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$107Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 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 Central Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.