Connection Bank CD Rates, Savings & MMA, Mortgage & Loan Rates, Reviews

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Today's 12-month CD rates can be found at 1.25%, 6-month CD rates at 0.60% and 3-month CD rates at 4.00%. Current savings rates are at 0.05% and money market rates are at 1.01%. Mortgage rates today on 30-year fixed loans are around 7.58%. Credit Card rates are at 13.24%. Personal Loan rates are at 12.15%. All these rates, and more, can be found in our database of rates. Connection Bank's 60-Month CD rates are at 1.21%, 48-Month CD rates are at 1.00%, 36-Month CD rates are at 0.75%, 24-Month CD rates are at 0.50%, 18-Month CD rates are at 0.45%. Connection Bank's savings rates are at 0.15%.

Connection Bank

To see how these rates compare to Connection Bank CD rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Connection Bank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Connection Bank CD rates. You can also compare Connection Bank savings rates, MMA rates and mortgage rates using our other rate lists.

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.

Connection Bank Texas Ratio

Connection Bank's Texas Ratio is at 1.08%, which is considered excellent. The Texas Ratio for Connection Bank is lower than the national average of all banks, currently at 6.24%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, Connection Bank is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

Rate
APY/APR
vs Avg
12-Month CD
0.45%
18-Month CD
0.45%
24-Month CD
0.50%
36-Month CD
0.75%
48-Month CD
1.00%
60-Month CD
1.21%
Savings
0.15%
MMA
N/A
30-Year Fixed
N/A
Credit Card
N/A
Personal Loan
N/A
Connection Bank
636 Avenue G
Fort Madison, IA 52627
Member FDIC
MonitorBankRates' Rating
5/5
★★★★★

Connection Bank CD Rates and Interest Rates

Bank
Product
APY
Min Dep
Connection Bank
Connection Bank
60-Month CD
1.21%
$1,000
Connection Bank
Connection Bank
48-Month CD
1.00%
$1,000
Connection Bank
Connection Bank
36-Month CD
0.75%
$1,000
Connection Bank
Connection Bank
24-Month CD
0.50%
$1,000
Connection Bank
Connection Bank
18-Month CD
0.45%
$1,000
Connection Bank
Connection Bank
12-Month CD
0.45%
$1,000
Connection Bank
Connection Bank
Savings
0.15%
$100
Connection Bank
Connection Bank
Interest Checking
0.10%
$1,000
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Compare Connection Bank Rates with Other Competitive Bank and Credit Union Rates

Bank
Product
APY
Min Dep
Institution for Savings
Institution for Savings
12-Month CD Special
5.25%
$500
ACMG Federal Credit Union
ACMG Federal Credit Union
18-Month CD certificate
5.10%
$1,000
FSB of Rosemount
FSB of Rosemount
24-Month CD
5.00%
$500
Jones Bank
Jones Bank
9-Month CD (special)
4.95%
$500
Monesty, a div of American Commerce Bank
Monesty, a div of American Commerce Bank
6-Month CD
4.91%
$500
First National Bank of America (FNBA)
First National Bank of America (FNBA)
48-Month CD
4.55%
$1,000
Perryton National Bank
Perryton National Bank
6-Month CD (Jumbo)
4.55%
$100,000
Citizens Bank & Trust Company KY
Citizens Bank & Trust Company KY
36-Month CD
4.25%
$500
Hinsdale Bank & Trust Company
Hinsdale Bank & Trust Company
23-Month CD
4.25%
$1,000
Ally Bank
Ally Bank
Money Market
4.20%
$0
Forte Bank
Forte Bank
21-Month CD (special)
4.06%
$1,000
Everence Trust Company
Everence Trust Company
24-Month CD
3.80%
$500
The Dolores State Bank
The Dolores State Bank
36-Month CD
3.55%
$1,000
Sandy Spring Bank
Sandy Spring Bank
30-Month CD
3.50%
$1,000
City National B&T Co. of Lawton, OK
24-Month CD
3.25%
$500
Ohio Valley Bank Co.
Ohio Valley Bank Co.
Money Market Fund
3.25%
$100,000
Community Bank of Wichita
Community Bank of Wichita
60-Month CD
2.55%
$500
Jefferson Security Bank
Jefferson Security Bank
12-Month CD
2.52%
$500
The Bank of Elk River
The Bank of Elk River
36-Month CD
2.32%
$200
West Union Bank
West Union Bank
6-Month CD
2.30%
$500
Charter Bank IA
Charter Bank IA
6-Month CD
2.25%
$10,000
Grinnell State Bank
Grinnell State Bank
12-Month CD
2.07%
$1,000
Lake City Federal Bank
Lake City Federal Bank
12-Month CD
2.02%
$1,000
First National Bank VA
First National Bank VA
36-Month CD
2.02%
$500
Pioneer Community Bank, Inc.
Pioneer Community Bank, Inc.
36-Month CD
1.86%
$1,000
Five Star Credit Union
Five Star Credit Union
Premier Growth Money Market
1.76%
$100,000
American Eagle Financial Credit Union
American Eagle Financial Credit Union
12-Month CD certificate
1.65%
$500
Murray Bank
Murray Bank
60-Month CD
1.50%
$1,000
SpiritBank
SpiritBank
60-Month CD
1.29%
$1,000
Washington Business Bank
Washington Business Bank
12-Month CD
1.11%
$1,000
Farmers State Bank of Alto Pass, Ill.
Farmers State Bank of Alto Pass, Ill.
60-Month CD
1.10%
$1,000
Industry State Bank
Industry State Bank
18-Month CD
1.06%
$1,000
Mid-Missouri Bank
Mid-Missouri Bank
Kasasa Saver
1.00%
$100
First Bank Waverly, IA
First Bank Waverly, IA
12-Month CD
1.00%
$1,000
Washington Savings Bank Lowell, MA
Washington Savings Bank Lowell, MA
60-Month CD
0.75%
$500
Magnolia Bank Elizabethtown, KY
Magnolia Bank Elizabethtown, KY
18-Month CD
0.60%
$500
Beacon Community Bank
Beacon Community Bank
Savings Account
0.55%
$50
Greenville Federal
Greenville Federal
60-Month CD
0.50%
$500
Heritage Bank Marion, IA
Heritage Bank Marion, IA
Money Market
0.50%
$10,000
Sugar River Bank
Sugar River Bank
24-Month CD
0.40%
$500
Rondout Savings Bank
Rondout Savings Bank
18-Month CD
0.30%
$500
FNB of Absecon
FNB of Absecon
36-Month CD
0.20%
$0
National Bank of Coxsackie
National Bank of Coxsackie
18-Month CD
0.20%
$500
Peoples Bank Chestertown, MD
Peoples Bank Chestertown, MD
12-Month CD
0.20%
$500
BankPlus
BankPlus
12-Month CD
0.20%
$1,000
PeoplesBank
PeoplesBank
12-Month CD
0.10%
$1,000
Burke & Herbert Bank
Burke & Herbert Bank
18-Month CD
0.10%
$500
Greenville National Bank
Greenville National Bank
Savings Account
0.05%
$100
Arlington State Bank
Arlington State Bank
Now Checking Account
0.05%
$900
First State Bank (MI)
First State Bank (MI)
12-Month CD
0.05%
$1,000
Show More

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Mortgage Rates May 28, 2024

Lender
Product
Rate
APR
Points
4.990%
5.287%
0.500
5.500%
5.614%
0.000
5.500%
5.716%
0.500
5.625%
5.777%
0.500
5.500%
5.820%
0.000
5.750%
5.834%
0.000
5.500%
5.868%
2.000
5.750%
5.883%
0.500
5.750%
5.886%
0.000
6.000%
5.892%
0.000
15-Year Fixed
5.750%
5.910%
0.000
5.870%
5.970%
0.000
15-Year Fixed Jumbo
5.875%
5.970%
0.000
5.950%
5.998%
0.000
6.000%
6.043%
0.000
15 Year Fixed
5.750%
6.046%
1.000
3/5 Conforming ARM
5.000%
6.053%
0.250
6.000%
6.056%
0.000
5.000%
6.063%
0.250
10-Year Power Rate Fixed
5.750%
6.068%
0.000
5.875%
6.079%
1.000
6.000%
6.084%
0.000
6.000%
6.084%
0.000
15-Year Power Rate Fixed
5.875%
6.101%
0.000
6.000%
6.121%
0.000
Show More

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

Connection Bank Information

Connection Bank
636 Avenue G
Fort Madison, IA 52627
Lee
Established Date: 07/01/1854
FDIC Certificate #: 955
Date of FDIC Deposit Insurance: 01/01/1934
Bank Holding Company: FORT MADISON FINANCIAL CO
How Many Domestic U.S. Offices? 5
How Many Branches are There? 5
Is Connection Bank FDIC Insured? Yes
What is Connection Bank's Cert number? 955
What is the maximum amount for insured deposits? $250,000 per holder, per account

Connection Bank Financials

Total Assets:
$478,458,000
Total Deposits:
$395,640,000
Equity Capital:
$45,571,000
Domestic Deposits:
$395,640,000
Net Income:
$1,501,000
Return on Assets:
1.5521%
Quarterly Return on Assets:
1.2900%
Pretax Return on Assets:
1.3446%
Pretax Quarterly Return on Assets:
1.3400%
Return on Equity:
15.5700%
Quarterly Return on Equity:
13.3000%
Common Equity Tier 1 Capital Ratio:
11.9544%
Tier 1 Risk-Based Capital Ratio:
11.9544%
Leverage Tier 1 (Core Capital) Ratio:
10.8937%
Total Risk-Based Capital Ratio (YTD):
12.9414%
Total Interest Income (YTD):
3.8369%
 
 
Headquarters:
Fort Madison
FDIC Field Office:
Cedar Rapids
Regulator:
FED
County:
Lee
# of Offices:
5
Metropolitan Statistical Area (MSA):
Consolidated Metropolitan Statistical Area (CMSA):
OTS Region:
Western
FDIC Region:
Kansas City
Source: FDIC

Explore Other Rate Deals

Mortgage rates hit yet another record low this morning. This is the seventh consecutive week 30 year fixed mortgage rates hit record lows. Conforming 30 year fixed mortgage rates and conforming 15 year fixed mortgage rates have hit record lows in this week’s Primary Mortgage Market Survey released by Freddie Mac. 30 year conforming mortgage rates are now under 4.50 percent and 15 year conforming mortgage rates are under 4.00 percent.
Mortgage Rates Near Historic Lows 30 Year Mortgage Rates at 476 15 Year Mortgage Rates at 425Mortgage rates are hovering just above historic lows this past week. 30 year mortgage rates have stayed under 5.00 percent for eight consecutive weeks. The last time 30 year mortgage rates were above 5.00 percent was on May 3, 2010 when rates were averaging 5.03 percent. Mortgage rates have been slowly drifting lower since May 3 but the declines accelerated when the sovereign government debt crisis in Europe started a few weeks ago. Weaker U.S. employment reports also drove mortgage rates lower.

Bank or Credit Union Offers and Deals

Affirm's Mobile App Offers Savings Account with 4.35% APY
Fixed Mortgage Rates and Adjustable Mortgage Rates Higher: 30 Year Mortgage Rates Averaging 4.81%
Highest Savings Rates This Week: Best 1 Year APY at 1.05 Percent
Mortgage Rates: 30 Year Mortgage Rates Head Back Down Towards 5.00%
Get $50 from TradeKing
ableBanking, a division of Northeast Bank 6 Month CD Rates now at 0.80%
Higher CD Rates This Month Will Depend on The Fed
Chartway Credit Union CD Rates 5.30% APY 13-Month Certificate (CDs)
Mortgage Rates Higher: Current 30 Year Mortgage Rates at 4.96%, 15 Year Mortgage Rates at 4.27%
Mortgage Rates Mixed: 30 Year Mortgage Rates at 4.51% in Mortgage Rate Survey

Alternative Bank and Credit Union Offers to Explore

Home Mortgage Rates Hit New Low: 30 Year Conventional Mortgage Rates at 4.19%, 15 Year Conventional Mortgage Rates at 3.62%
giantbank.com 9 Month Jumbo CD Rates now at 0.85%
EverBank Money Market Account Yield 2.51%
Marathon Bank CD Rates and Jumbo CD Rates
Doral Direct Bank 11 month CD Rate
Mortgage Rates: 30 Year Mortgage Rates at 5.03% and 15 Year Mortgage Rates at 4.35%
Average CD Interest Rates First Week of 2011
FDIC List of Troubled Banks and the Texas Ratio
Mutual Security Credit Union Current 2 Year Mortgage Rate of 2.99%
Synchrony Bank Money Market Account Rates now at 0.85%

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