Federation Bank Rates and Review February 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Federation Bank's 7-Month Certificate of Deposit 7-Month rates are at 3.78%, 9-Month Certificate of Deposit 9-Month rates are at 3.57%, 13-Month Certificate of Deposit 13-Month rates are at 3.55%, 19-Month Certificate of Deposit 19-Month rates are at 3.29%. Federation Bank's savings rates are at 0.05%. Federation Bank's money market rates are at 0.00%.
Rate Updates and AvailabilityFederation 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 Federation Bank? Share your experience about Federation Bank by leaving a review below, or read customer reviews before you decide to use Federation Bank. Federation Bank Texas RatioFederation Bank's Texas Ratio is at 14.38%, which is considered excellent. The Texas Ratio for Federation Bank is higher than the national average of all banks, currently at 6.13%. 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. MonitorBankRates Rating
5.0
Excellent
Out of 5.0 Stars
Federation Bank has earned a Smart Rating of 5.0 out of 5 stars. 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. Overall, Federation Bank is a excellent bank worth considering, with an overall rating of 5.0 stars out of 5 stars. Current Interest RatesRate
APY/APR
vs. Avg
"N/A" indicates the product is not offered or the rate is unavailable. 
Federation Bank CD Rates
Federation Bank Savings Rates
Federation Bank Money Market Rates
Federation Bank Checking Rates
Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Federation 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 Federation 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 Federation Bank's official website for the most current offers and terms.
Bank Profile & OverviewFederation Bank
300 S Iowa AveWashington, IA 52353 Washington Established Date: 11/01/1906 FDIC Certificate #: 14352 Date of FDIC Deposit Insurance: 04/18/1934 Bank Holding Company: WASHINGTON BCORP How Many Domestic U.S. Offices? 4 How Many Branches are There? 4 Website: https://www.federationbankia.com
Is Federation Bank FDIC Insured? Yes
What is Federation Bank's Cert number? 14352
What is the maximum amount for insured deposits? $250,000 per holder, per account
Financial Health & AssetsTotal Assets:
$144,861,000
Total Deposits:
$128,248,000
Equity Capital:
$10,443,000
Net Income:
$254,000
Return on Assets (ROA):
0.7638%
Return on Equity (ROE):
12.7600%
Headquarters:
Washington
Regulator:
FDIC
# of Offices:
4
Source: FDIC | Last Updated 03/31/2024
Customer ReviewsThere are no reviews for Federation Bank yet. Feel free to create one below.
Add Your Rating and Review for Federation Bank
Frequently Asked Questions About Federation BankHow do I open an account at Federation Bank?You can typically open an account at Federation Bank by visiting a local branch or applying through their official website. Is there a first-time homebuyer program?Currently, Federation Bank provides a range of mortgage and home equity products. Is Federation Bank a safe place to deposit money?Yes, Federation Bank is considered a safe financial institution. Your accounts are federally insured by the FDIC up to $250,000 per depositor. Does Federation Bank offer online and mobile banking?Most modern institutions like Federation Bank provide digital access including online balance checks and transfers. Compare to other Banks |
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