Bank · FDIC insured
United Community Bank
A $290M bank headquartered in Milford, IA, with 5 branches in Iowa. Best rates: CDs 4.00% 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: 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.
- CDs—4.00%CD rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About United Community Bank
Formed in 1931 from the merger of Dickinson County Savings Bank and Ocheyedan Savings Bank, United Community Bank is a family-owned bank operating five locations in Northwest Iowa.
Serving Milford, Okoboji, Hartley, Ocheyedan, and Lake Park, Iowa, the bank specializes in agriculture-focused banking solutions.
Its growth milestones include acquiring assets and deposits from First Federal Savings Bank and opening an Okoboji facility in 1998.
- Headquarters
- 1000 Okoboji Ave, Milford, IA 51351
- FDIC certificate
- 13656 ↗
Branches
5 branches in Iowa
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Iowa
5 branches
Milford area · 1
- United Community BankMain office1000 Okoboji Ave, Milford, IA 51351Directions
Hartley area · 1
- Hartley Branch117 S Central Ave, Hartley, IA 51346Directions
Lake Park area · 1
- Lake Park Branch113 Market St, Lake Park, IA 51347Directions
Ocheyedan area · 1
- Ocheyedan Branch850 Main St, Ocheyedan, IA 51354Directions
Okoboji area · 1
- Okoboji BranchHighway 71 North, Okoboji, IA 51355Directions
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 | 8.45% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.51% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.12% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $91 | $81 | — |
- CapitalLeverage ratio8.45%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.51%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.12%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$91Peers’ 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 United Community Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.