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Connection Bank Rates & Review April 2026

Connection Bank's 60-Month Certificates of Deposit 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%, 30-Month Certificates of Deposit rates are at 0.60%, 24-Month Certificates of Deposit rates are at 0.50%. 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 0.38%. Rates were last updated on 04/16/2026.

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.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 100/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
0.38%
Excellent Lower than avg
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
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%
48 Month Certificates of Deposit 1.00% 1.00% 48 Month
Min Deposit $1,000
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%
36 Month Certificates of Deposit 0.75% 0.75% 36 Month
Min Deposit $1,000
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%
30 Month Certificates of Deposit 0.60% 0.60% 30 Month
Min Deposit $1,000
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%
24 Month Certificates of Deposit 0.50% 0.50% 24 Month
Min Deposit $1,000
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%
12 Month Certificates of Deposit 0.45% 0.45% 12 Month
Min Deposit $1,000
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%
180 - 364 Day Certificates of Deposit 0.20% 0.20% 180 - 364 Day
Min Deposit $1,000
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%
7 - 31 Day Certificates of Deposit 0.10% 0.10% 7 - 31 Day
Min Deposit $2,500
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%

Connection Bank Savings Rates

Product Rate APY View More
Health Savings 2.17% 2.19%
Min Deposit $0
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%
Kids Savings 0.49% 0.49%
Min Deposit $5
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%
Christmas Club 0.20% 0.20%
Min Deposit $1
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%
Savings 0.15% 0.15%
Min Deposit $100
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%

Connection Bank Checking Rates

Product Rate APY View More
Interest Checking 0.10% 0.10%
Min Balance $1
Last Updated 04/16/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.38%

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 07/01/1854
FDIC Insurance Date 01/01/1934
Domestic Offices 5
Total Branches 5
Regulator FED
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
0.38%
Texas Ratio Nat'l avg: 5.85%
Return on Assets (ROA) 1.2150%
Return on Equity (ROE) 12.4700%
Non-Performing Loans (NPL) 0.03%
Total Assets $540,109,000
Total Deposits $453,218,000
Equity Capital $53,569,000
Net Income $7,710,000
Headquarters Fort Madison
Total Offices 5
Source: FDIC  |  Last Updated 12/31/2025

Customer Reviews

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Total Reviews
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Frequently Asked Questions About Connection Bank

Is Connection Bank a safe place to deposit money?

Yes, Connection Bank is considered a safe financial institution. With a Texas Ratio of 0.38057345500151%, the institution's financial health is rated as excellent. Your accounts are federally insured by the FDIC (Federal Deposit Insurance Corporation) up to $250,000 per depositor, for each account ownership category.

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%
  • 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.