Bank · FDIC insured
Green Belt Bank & Trust
A $758.7M bank headquartered in Iowa Falls, IA, with 7 branches in Iowa. Best rates: CDs 4.14% and savings 0.30% APY.
Green Belt Bank & Trust Carrot Score
72
Carrot Score
Higher than 32% of U.S. banks and credit unions
#14 of 20 in Waterloo, IA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Green Belt Bank & Trust
Originally chartered as Citizens State Bank in April 1935, the bank was purchased and renamed Green Belt Bank & Trust in 1986.
The institution remains family-owned by Christopher Weaver alongside his wife, Jessie, and their sons, Sam and Carter.
Based in downtown Iowa Falls, the bank operates branch offices in Ackley, Grundy Center, Eldora, Belmond, and Parkersburg.
- Headquarters
- 616 Washington Ave, Iowa Falls, IA 50126
- FDIC certificate
- 26760 ↗
Branches
7 branches in Iowa
Loading map…
Iowa
7 branches
Iowa Falls area · 2
- Green Belt Bank & TrustMain office616 Washington Ave, Iowa Falls, IA 50126Directions
- Parking Lot Branch615 Estes Street, Iowa Falls, IA 50126Directions
Ackley area · 1
- Ackley Branch419 Sherman Ave, Ackley, IA 50601Directions
Belmond area · 1
- Belmond Branch120 E Main St, Belmond, IA 50421Directions
Eldora area · 1
- Eldora Branch1509 Edgington Ave, Eldora, IA 50627Directions
Waterloo area · 1
- Grundy Center Branch508 G Ave, Grundy Center, IA 50638Directions
Parkersburg area · 1
- Green Belt Bank & Trust, Parkersburg Branch602-604 Hwy 57, Parkersburg, IA 50665Directions
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 | 9.18% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.04% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.73% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $94 | $81 | — |
- CapitalLeverage ratio9.18%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.04%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.73%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$94Peers’ 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 Green Belt Bank & Trust are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.