Bank · FDIC insured
GreatAmerica Bank
A $450M bank headquartered in Cedar Rapids, IA, with 3 branches in Iowa. Best rates: CDs 4.10% and savings 0.50% APY.
GreatAmerica Bank Carrot Score
64
Carrot Score
Higher than 11% of U.S. banks and credit unions
#24 of 29 in Cedar Rapids, IA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About GreatAmerica Bank
GreatAmerica Bank National Association operated for years as Heritage Bank before becoming GreatAmerica Bank N.A. in 2026 upon gaining a national bank charter.
The institution serves customers through locations in Marion, Delhi, and Hiawatha.
- Headquarters
- 625 1st St Se, Cedar Rapids, IA 52401
- FDIC certificate
- 18463 ↗
Branches
3 branches in Iowa
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Iowa
3 branches
Cedar Rapids area · 2
- Hiawatha Branch2250 Blairs Ferry Rd, Hiawatha, IA 52233Directions
- Marion Branch695 Marion Blvd, Marion, IA 52302Directions
Delhi area · 1
- Greatamerica, National Association Branch402 Franklin St, Delhi, IA 52223Directions
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 | 61.62% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.00% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | -2.74% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $462 | $81 | — |
- CapitalLeverage ratio61.62%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.00%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets-2.74%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$462Peers’ 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 GreatAmerica Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.