Bank · FDIC insured
Kerndt Brothers Savings Bank
A $347.2M bank headquartered in Lansing, IA, with 6 branches in Iowa. Best rates: CDs 4.20% 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: published rates need another account or activity, so they are not scored. Credit cards: no rates found on its website.
- CDs—4.20%CD rates →
- Savings—0.75%Needs another account or monthly activitySavings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Kerndt Brothers Savings Bank
Tracing its roots to 1856 in Lansing, Iowa, Kerndt Brothers Savings Bank was incorporated as a state bank in 1908 and operates branches across six Iowa communities.
Owned by Kerndt Bank Services, Inc., the bank expanded through acquisitions of Farmers Savings Bank in 2001, Family Merchants Bank in 2008, and two Fidelity Bank and Trust locations in 2015.
- Headquarters
- 370 Main St, Lansing, IA 52151
- FDIC certificate
- 8761 ↗
Branches
6 branches in Iowa
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Iowa
6 branches
Lansing area · 1
- Kerndt Brothers Savings BankMain office370 Main St, Lansing, IA 52151Directions
Cedar Rapids area · 1
- Cedar Rapids Branch600 Boyson Rd Ne, Cedar Rapids, IA 52402Directions
Clermont area · 1
- Clermont Branch200 Mill St, Clermont, IA 52135Directions
Decorah area · 1
- Decorah Branch801 S Mechanic St, Decorah, IA 52101Directions
Waukon area · 1
- Waukon Branch820 11th Ave Sw, Waukon, IA 52172Directions
West Union area · 1
- West Union Branch205 N Vine St, West Union, IA 52175Directions
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 | 10.88% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.65% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 2.48% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $73 | $81 | — |
- CapitalLeverage ratio10.88%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.65%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets2.48%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$73Peers’ 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 Kerndt Brothers Savings Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.