What are the current interest rates at Bank of New Madrid?

Current rates for Bank of New Madrid include: Savings: 0.50%

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Bank of New Madrid Rates & Review September 2026

Q: How many branches does Bank of New Madrid operate?

Bank of New Madrid currently maintains approximately 2 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Bank of New Madrid does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Bank of New Madrid provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 20, 2026

Bank of New Madrid's savings rates are at 0.50%. MonitorBankRates evaluates the financial stability of Bank of New Madrid with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.16%. Rates last updated and verified on 09/20/2026.

Bank of New Madrid money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Bank of New Madrid? Share your experience about Bank of New Madrid by leaving a review below, or read customer reviews before you decide to use Bank of New Madrid.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

0.16%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Bank of New Madrid

229 Main St
New Madrid, MO 63869

https://www.bankofnewmadrid.com

Bank of New Madrid Savings Rates

Product	Rate	APY	View More
STUDENT SAVINGS	0.50%	0.50%
Min Deposit $10 Min Balance $10 Details Minimum: $10 minimum opening deposit; You must be 13-22 years of age to qualify. An interest rate of .50% will be paid on the first $500.00 in the account. No monthly service charges. A parent or legal guardian must be joint owner of the account if under 18. If you open both a Student Checking and Savings account, you will also have access to your Savings via ATM, ebanking and our mobile app, and a monthly statement of activity will be included on your Checking e-statement. If you do not have a Student Checking, you will be given a passbook. Regular advertised Savings account rate applies to balance exceeding $500.00. After your 23rd birthday, this account will convert to a Statement or Passbook Savings. Last Updated 09/20/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.16%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Bank of New Madrid’s Texas Ratio fell from 0.69% in Q3 2023 to 0.16% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$117M	0.16%	5.0	A+
March 31, 2026	$123M	0.42%	5.0	A+
December 31, 2025	$118M	0.48%	5.0	A+
September 30, 2025	$118M	1.10%	5.0	A+
June 30, 2025	$118M	0.92%	5.0	A+
March 31, 2025	$127M	1.34%	5.0	A+
December 31, 2024	$121M	1.79%	5.0	A+
September 30, 2024	$114M	0.54%	5.0	A+
June 30, 2024	$117M	15.88%	4.9	A-
March 31, 2024	$123M	20.65%	4.5	B
December 31, 2023	$115M	1.49%	5.0	A+
September 30, 2023	$106M	0.69%	5.0	A+

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Bank of New Madrid is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Bank of New Madrid rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Bank of New Madrid's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Bank of New Madrid

Bank Holding Company DIXIE BANCSHARES CORP

Address 229 Main St, New Madrid, MO 63869 · New Madrid

Website https://www.bankofnewmadrid.com

FDIC Certificate # 14701

Established 19330101

FDIC Insurance Date 19340825

Domestic Offices 2

Total Branches 2

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 100/100

5.0

Exceptional Out of 5.0 Stars

0.16%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.9055%

Return on Equity (ROE) 13.8100%

Non-Performing Loans (NPL) 0.02%

Total Assets $116,622,000

Total Deposits $98,877,000

Equity Capital $16,426,000

Net Income $1,138,000

Headquarters New Madrid

Total Branches and Offices 2

Source: FDIC | Last Updated 06/30/2026

2026 MBR Health & Safety Badge

Bank of New Madrid earned the Verified Healthy badge

Display this badge on your website to show visitors your 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

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Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Frequently Asked Questions About Bank of New Madrid

How many branches does Bank of New Madrid operate?

Bank of New Madrid currently maintains approximately 2 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Bank of New Madrid does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Bank of New Madrid provides members with tools to manage their accounts and build a solid financial history.

Does Bank of New Madrid offer online and mobile banking?

Most modern institutions like Bank of New Madrid provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.bankofnewmadrid.com.