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Connection Bank Rates & Review September 2026

Connection Bank's 60-Month Certificates of Deposit rates are at 1.21%, 60-Month Fixed IRA Certificate rates are at 1.21%, 48-Month Certificates of Deposit rates are at 1.00%, 36-Month Certificates of Deposit rates are at 0.75%, 18-Month Variable IRA Certificate rates are at 0.60%. Connection Bank's savings rates are at 0.15%. MonitorBankRates evaluates the financial stability of Connection Bank with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.44%. Rates last updated and verified on 09/19/2026.

Connection Bank 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 Connection Bank? Share your experience about Connection Bank by leaving a review below, or read customer reviews before you decide to use Connection Bank.

MonitorBankRates Verified Healthy Badge 2026 Verified Healthy 2026 Use This Badge on Your Bank Website
Overall Health & Safety Grade ?
A+
Exceptional Health Score: 99/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
2.44%
Excellent Lower than avg
Health Trend ?
Very strong 12 quarters
Full history ›
Connection Bank
636 Avenue G
Fort Madison, IA 52627
https://www.myconnectionbank.com/
Member FDIC

Connection Bank CD Rates

Product Rate APY Term View More
60 Month Certificates of Deposit 1.20% 1.21% 60 Month
Min Deposit $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
60 Month Fixed IRA Certificate 1.20% 1.21% 60 Month Fixed
Min Balance $2,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
48 Month Certificates of Deposit 1.00% 1.00% 48 Month
Min Deposit $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
36 Month Certificates of Deposit 0.75% 0.75% 36 Month
Min Deposit $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
18 Month Variable IRA Certificate 0.60% 0.60% 18 Month Variable
Min Balance $50
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
30 Month Certificates of Deposit 0.60% 0.60% 30 Month
Min Deposit $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
24 Month Certificates of Deposit 0.50% 0.50% 24 Month
Min Deposit $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
24 Month Fixed IRA Certificate 0.50% 0.50% 24 Month Fixed
Min Balance $2,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
12 Month Certificates of Deposit 0.45% 0.45% 12 Month
Min Deposit $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
12 Month Fixed IRA Certificate 0.45% 0.45% 12 Month Fixed
Min Balance $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
18 Month Certificates of Deposit 0.45% 0.45% 18 Month
Min Deposit $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
18 Month Fixed IRA Certificate 0.45% 0.45% 18 Month Fixed
Min Balance $500
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
180 - 364 Day Certificates of Deposit 0.20% 0.20% 180 - 364 Day
Min Deposit $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
9 Month Certificates of Deposit 0.20% 0.20% 9 Month
Min Deposit $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
9 Month Fixed IRA Certificate 0.20% 0.20% 9 Month Fixed
Min Balance $500
Details Compounded: Maturity
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
32 - 89 Day Certificates of Deposit 0.10% 0.10% 32 - 89 Day
Min Deposit $2,500
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
7 - 31 Day Certificates of Deposit 0.10% 0.10% 7 - 31 Day
Min Deposit $2,500
Details Compounded: Maturity
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
90 - 179 Day Certificates of Deposit 0.10% 0.10% 90 - 179 Day
Min Deposit $1,000
Details Compounded: Quarterly
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%

Connection Bank Savings Rates

Product Rate APY View More
Health Savings 2.27% 2.29%
Min Deposit $0
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
Kids Savings 0.49% 0.49%
Min Deposit $5
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
Christmas Club 0.20% 0.20%
Min Deposit $1
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%
Savings 0.15% 0.15%
Min Deposit $100
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%

Connection Bank Checking Rates

Product Rate APY View More
Interest Checking 0.10% 0.10%
Min Balance $1,000
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%

Connection Bank Other Rates

Product Rate Points APY/APR Term View More
Kasasa Cash Checking - - 5.00%
Min Deposit $100
Min Balance $0
Details Qualifications Required: 5.00% APY on balances up to $25,000; 5.00% to 1.20% APY on balances over $25,000 depending on balance in account*; 0.05% APY* on all balances, even if qualifications are not met; 5.00% to 1.20% APY on balances over $25,000 depending on balance in account*; 0.05% APY* on all balances, even if qualifications are not met; Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*; Link to free Kasasa Saver to build savings automatically; Qualifying balance up to $25,000.00
Last Updated 09/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 2.44%

Financial Health History

Connection Bank’s Texas Ratio rose from 0.38% in Q3 2023 to 2.44% 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 — this bank’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

0% 1.0★ 1.2% 2.0★ 2.4% 3.0★ 3.6% 4.0★ 4.8% 5.0★ Healthy zone – entire history below the 15% limit 0.38% A+ Q3 2023 A+ Q4 2023 A+ Q1 2024 A+ Q2 2024 A+ Q3 2024 A+ Q4 2024 A+ Q1 2025 A+ Q2 2025 A+ Q3 2025 A+ Q4 2025 A+ Q1 2026 2.44% A+ Q2 2026
Swipe the chart sideways to see every quarter.
Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade
Powered by MonitorBankRates

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
QuarterTotal assetsTexas RatioStar RatingHealth Grade
June 30, 2026$541M2.44%5.0A+
March 31, 2026$544M3.59%5.0A+
December 31, 2025$540M3.46%5.0A+
September 30, 2025$530M3.54%5.0A+
June 30, 2025$515M3.41%5.0A+
March 31, 2025$518M2.95%5.0A+
December 31, 2024$489M2.87%5.0A+
September 30, 2024$509M3.31%5.0A+
June 30, 2024$501M0.26%5.0A+
March 31, 2024$508M0.49%5.0A+
December 31, 2023$483M0.74%5.0A+
September 30, 2023$476M0.38%5.0A+
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 Connection Bank 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 Connection Bank 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 Connection Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Connection Bank
Bank Holding Company FORT MADISON FINANCIAL CO
Address 636 Avenue G, Fort Madison, IA 52627  ·  Lee
FDIC Certificate # 955
Established 18540701
FDIC Insurance Date 19340101
Domestic Offices 5
Total Branches 5
Regulator FED
FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+
Overall Health Grade Score: 99/100
5.0
Exceptional Out of 5.0 Stars
2.44%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 1.7547%
Return on Equity (ROE) 17.4400%
Non-Performing Loans (NPL) 0.23%
Total Assets $540,910,000
Total Deposits $452,366,000
Equity Capital $55,641,000
Net Income $4,751,000
Headquarters Fort Madison
Total Branches and Offices 5
Source: FDIC  |  Last Updated 06/30/2026
MonitorBankRates Verified Healthy Badge 2026
2026 MBR Health & Safety Badge

Connection Bank 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.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates — no need to download or upload anything.

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  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026.svg"
       alt="MonitorBankRates Verified Healthy Badge 2026"
       width="160" height="160">
</a>
Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Frequently Asked Questions About Connection Bank

How many branches does Connection Bank operate?

Connection Bank currently maintains approximately 5 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, Connection Bank 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, Connection Bank provides members with tools to manage their accounts and build a solid financial history.

Does Connection Bank offer online and mobile banking?

Most modern institutions like Connection Bank 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.myconnectionbank.com/.

Current Connection Bank Rates

  • 12-Month CD0.45%
  • 18-Month CD0.45%
  • 24-Month CD0.50%
  • 36-Month CD0.75%
  • 48-Month CD1.00%
  • 60-Month CD1.21%
  • Savings0.15%
Retrieved from our database of financial products. Rates subject to change.