☰

Home›
Banks›
Grinnell State Bank

iAdvertiser Disclosure

Grinnell State Bank Rates & Review November 2026

Q: What are the current interest rates at Grinnell State Bank?

Current rates for Grinnell State Bank include: 12-Month CD: 2.07%, 18-Month CD: 2.07%, 24-Month CD: 2.07%, 36-Month CD: 2.12%, 48-Month CD: 2.22%, 60-Month CD: 2.32%, Savings: 2.02%

Q: What CD terms does Grinnell State Bank offer?

Grinnell State Bank CD rates are 3.68% APY for a 6 month CD, 2.07% APY for a 12 month CD, 2.07% APY for an 18 month CD, 2.07% APY for a 2 year CD, 2.32% APY for a 3 year CD, 2.42% APY for a 4 year CD and 2.52% APY for a 5 year CD, verified by MonitorBankRates as of November 6, 2026. The institution may offer other terms or specials that are not listed here, so check with Grinnell State Bank for its full lineup.

Q: How many branches does Grinnell State Bank operate?

Grinnell State Bank currently maintains approximately 4 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, Grinnell State 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.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: November 6, 2026

Grinnell State Bank's 6-Month CD rates are at 3.68%, CD - 6-Month rates are at 3.68%, CD - 60-Month rates are at 2.52%, CD - 48-Month rates are at 2.42%, CD - 36-Month rates are at 2.32%. Grinnell State Bank's savings rates are at 2.02%. Grinnell State Bank's checking rates are as high as 0.35%. Grinnell State Bank's top CD rate of 3.68% APY on a 6 month CD is 31% higher than the MonitorBankRates national average of 2.81% APY for that term, and it has an A- health rating. MonitorBankRates evaluates the financial stability of Grinnell State Bank with a 5.0 Star Rating, an A- Overall Health Grade, and a Texas Ratio of 14.50%. Rates last updated and verified on 11/06/2026.

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

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A-

Very Good Health Score: 93/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

14.50%

Excellent Higher than avg

Health Trend

Steady 12 quarters

Full history ›

Grinnell State Bank

814 4th Ave
Grinnell, IA 50112

https://www.grinnell.bank

Customer Reviews

Be the first to review

Write a Review

Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

Grinnell State Bank CD Rates

Product	Rate	APY	Term	Min. Deposit
33-Month with One Time Bump	-	4.25%	33 Month	$1,000
Min Deposit $1,000 Min Balance $15,000 Details Balance: $15,000 and over; Variable; One Time Bump Option Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 4.15% → 4.25% ▲ 0.10 pts · high 4.25% / low 4.15% Oct 7, 20264.25%▲ from 4.15% Sep 24, 20264.15%first recorded Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
33-Month with One Time Bump	-	4.25%	33 Month	$1,000
Min Deposit $1,000 Min Balance $50,000 Details Balance: $50,000 and over; Variable; One Time Bump Option Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 4.15% → 4.25% ▲ 0.10 pts · high 4.25% / low 4.15% Oct 7, 20264.25%▲ from 4.15% Sep 24, 20264.15%first recorded Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
15-Month with One Time Bump	-	4.15%	15 Month	$1,000
Min Deposit $1,000 Min Balance $15,000 Details Balance: $15,000 and over; Variable; One Time Bump Option Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 4.00% → 4.15% ▲ 0.15 pts · high 4.15% / low 4.00% Oct 7, 20264.15%▲ from 4.00% Sep 24, 20264.00%first recorded Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
15-Month with One Time Bump	-	4.15%	15 Month	$1,000
Min Deposit $1,000 Min Balance $50,000 Details Balance: $50,000 and over; Variable; One Time Bump Option Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 4.00% → 4.15% ▲ 0.15 pts · high 4.15% / low 4.00% Oct 7, 20264.15%▲ from 4.00% Sep 24, 20264.00%first recorded Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
33-Month with One Time Bump	-	4.15%	33 Month	$1,000
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000 and over; Variable; One Time Bump Option Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 4.05% → 4.15% ▲ 0.10 pts · high 4.15% / low 4.05% Oct 7, 20264.15%▲ from 4.05% Sep 24, 20264.05%first recorded Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
15-Month with One Time Bump	-	4.05%	15 Month	$1,000
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000 and over; Variable; One Time Bump Option Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 3.90% → 4.05% ▲ 0.15 pts · high 4.05% / low 3.90% Oct 7, 20264.05%▲ from 3.90% Sep 24, 20263.90%first recorded Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
6-Month CD	-	3.68%	6 Month	$1,000
Min Deposit $1,000 Min Balance $50,000 Details Balance: $50,000 and over; Variable Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 3.68% APY · checked 10 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 6-month	3.65%	3.68%	6 month	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 3.68% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
6-Month CD	-	3.58%	6 Month	$1,000
Min Deposit $1,000 Min Balance $15,000 Details Balance: $15,000 and over; Variable Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 3.58% APY · checked 10 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 6-month	3.55%	3.58%	6 month	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 3.58% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 60-month	2.50%	2.52%	60 month	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.52% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 48-month	2.40%	2.42%	48 month	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.42% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 60-month	2.40%	2.42%	60 month	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.42% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 36-month	2.30%	2.32%	36 month	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.32% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 42-month	2.30%	2.32%	42 month	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.32% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 48-month	2.30%	2.32%	48 month	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.32% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 60-month	2.30%	2.32%	60 month	-
Min Balance $1,000 Details Balance: $1,000.00 minimum Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.32% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 12-month	2.25%	2.27%	12 month	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.27% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 18-month	2.25%	2.27%	18 month	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.27% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 24-month	2.25%	2.27%	24 month	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.27% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 3-month	2.25%	2.27%	3 month	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.27% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 30-month	2.25%	2.27%	30 month	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.27% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 36-month	2.20%	2.22%	36 month	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.22% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 42-month	2.20%	2.22%	42 month	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.22% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 48-month	2.20%	2.22%	48 month	-
Min Balance $1,000 Details Balance: $1,000.00 minimum Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.22% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 12-month	2.15%	2.17%	12 month	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.17% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 18-month	2.15%	2.17%	18 month	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.17% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 24-month	2.15%	2.17%	24 month	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.17% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 3-month	2.15%	2.17%	3 month	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.17% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 30-month	2.15%	2.17%	30 month	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.17% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 36-month	2.10%	2.12%	36 month	-
Min Balance $1,000 Details Balance: $1,000.00 minimum Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.12% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 42-month	2.10%	2.12%	42 month	-
Min Balance $1,000 Details Balance: $1,000.00 minimum Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.12% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 12-month	2.05%	2.07%	12 month	-
Min Balance $1,000 Details Balance: $1,000.00 minimum Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.07% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 18-month	2.05%	2.07%	18 month	-
Min Balance $1,000 Details Balance: $1,000.00 minimum Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.07% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 24-month	2.05%	2.07%	24 month	-
Min Balance $1,000 Details Balance: $1,000.00 minimum Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.07% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 3-month	2.05%	2.07%	3 month	-
Min Balance $1,000 Details Balance: $1,000.00 minimum; 3-60 month term has a minimum opening balance requirement of $1000.00 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.07% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 30-month	2.05%	2.07%	30 month	-
Min Balance $1,000 Details Balance: $1,000.00 minimum Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.07% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 30-90 Day	2.05%	2.07%	30-90 Day	-
Min Balance $50,000 Details Balance: $50,000.00 & IRA Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.07% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
6-Month CD	-	2.06%	6 Month	$1,000
Min Deposit $1,000 Min Balance $1,000 Details Balance: $1,000 and over; Variable Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 2.06% APY · checked 10 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 6-month	2.05%	2.06%	6 month	-
Min Balance $1,000 Details Balance: $1,000.00 minimum Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.06% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 30-90 Day	2.03%	2.05%	30-90 Day	-
Min Balance $15,000 Details Balance: $15,000.00 - $49,999.99 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.05% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
CD - 30-90 Day	2.01%	2.03%	30-90 Day	-
Min Balance $2,500 Details Balance: $2,500.00 minimum; 30-90 day has a minimum opening balance requirement of $2500.00 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.03% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%

Grinnell State Bank Savings Rates

Product	Rate	APY
Simply Savings Split Balance Tiers	2.00%	2.02%
Min Deposit $100 Min Balance $100 Details Balance: up to $500.00; Tier 1 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.02% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Simply Savings Split Balance Tiers	2.00%	2.02%
Min Deposit $100 Min Balance $500 Details Published APY range: 2.02 to 2.02%. Balance: $500.01 - $25,000.00; Tier 2 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 2.02% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Simply Savings Split Balance Tiers	-	1.39%
Min Deposit $100 Min Balance $50,000 Details Published APY range: 1.39 to 1.09%. Balance: $50,000.01 - $100,000.00; Tier 4 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 1.39% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Simply Savings Split Balance Tiers	-	1.09%
Min Deposit $100 Min Balance $100,000 Details Published APY range: 1.09 to 0.97%. Balance: $100,000.01 - $200,000.00; Tier 5 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 1.09% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Simply Savings Split Balance Tiers	-	0.97%
Min Deposit $100 Min Balance $200,000 Details Published APY range: 0.97 to 0.92%. Balance: $200,000.01 - $1,000,000.00; Tier 6 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 0.97% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Money Market Savings	0.75%	0.75%
Min Deposit $100 Min Balance $25,000 Details Balance: $25,000.00 +; Minimum for APY $25,000; Available (Collected) Balance (AB) Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 0.75% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%

Grinnell State Bank Business Savings Rates

Product	Rate	APY
Simply Savings (Personal & Business)	2.00%	2.02%
Min Deposit $100 Min Balance $0 Details Balance: $0.00 to $500.00; Split Interest Rate is applied; APY % Range: 2.02 Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 2.02% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Simply Savings (Personal & Business)	2.00%	2.02%
Min Deposit $100 Min Balance $500 Details Balance: $500.01 to $25,000.00; Split Interest Rate is applied; APY % Range: 2.02 to 2.02 Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 2.02% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Savings (Personal & Business)	1.75%	1.76%
Min Deposit $100 Min Balance $200,000 Details Balance: $200,000.00 and over; Minimum to open $100 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 1.76% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Savings (Personal & Business)	1.50%	1.51%
Min Deposit $100 Min Balance $100,000 Details Balance: $100,000.00 - $199,999.99; Minimum to open $100 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 1.51% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Simply Savings (Personal & Business)	-	1.39%
Min Deposit $100 Min Balance $25,000 Details Balance: $25,000.01 to $50,000.00; Split Interest Rate is applied; APY % Range: 2.02 to 1.39 Last Updated 11/06/2026 Rate History 1 change since Sep 14, 2026 · 2.02% → 1.39% ▼ 0.63 pts · high 2.02% / low 1.39% Oct 21, 20261.39%▼ from 2.02% Sep 14, 20262.02%first recorded Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Savings (Personal & Business)	1.25%	1.26%
Min Deposit $100 Min Balance $50,000 Details Balance: $50,000.00 - $99,999.99; Minimum to open $100 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 1.26% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Simply Savings (Personal & Business)	-	1.09%
Min Deposit $100 Min Balance $50,000 Details Balance: $50,000.01 to $100,000.00; Split Interest Rate is applied; APY % Range: 1.39 to 1.09 Last Updated 11/06/2026 Rate History 1 change since Sep 14, 2026 · 1.39% → 1.09% ▼ 0.30 pts · high 1.39% / low 1.09% Oct 21, 20261.09%▼ from 1.39% Sep 14, 20261.39%first recorded Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Business Money Market Savings	1.00%	1.00%
Min Deposit $10,000 Min Balance $25,000 Details Balance: $25,000.00 and over; Minimum to open $10,000; Minimum for APY $10,000; Available (Collected) Balance Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 1.00% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Savings (Personal & Business)	1.00%	1.00%
Min Deposit $100 Min Balance $5,000 Details Balance: $5,000.00 - $49,999.99; Minimum to open $100 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 1.00% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Simply Savings (Personal & Business)	-	0.97%
Min Deposit $100 Min Balance $100,000 Details Balance: $100,000.01 to $200,000.00; Split Interest Rate is applied; APY % Range: 1.09 to 0.97 Last Updated 11/06/2026 Rate History 1 change since Sep 14, 2026 · 1.09% → 0.97% ▼ 0.12 pts · high 1.09% / low 0.97% Oct 21, 20260.97%▼ from 1.09% Sep 14, 20261.09%first recorded Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Simply Savings (Personal & Business)	0.90%	0.92%
Min Deposit $100 Min Balance $200,000 Details Balance: $200,000.01 to $1,000,000.00; Split Interest Rate is applied; APY % Range: 0.97 to 0.92 Last Updated 11/06/2026 Rate History 1 change since Sep 14, 2026 · 0.97% → 0.92% ▼ 0.05 pts · high 0.97% / low 0.92% Oct 21, 20260.92%▼ from 0.97% Sep 14, 20260.97%first recorded Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Business Money Market Savings	0.75%	0.75%
Min Deposit $10,000 Min Balance $10,000 Details Balance: $10,000.00 to $24,999.99; Minimum to open $10,000; Minimum for APY $10,000; Available (Collected) Balance Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 0.75% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Savings (Personal & Business)	0.75%	0.75%
Min Deposit $100 Min Balance $0 Details Balance: $0.00 - $499.99; Minimum to open $100 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 0.75% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Savings (Personal & Business)	0.75%	0.75%
Min Deposit $100 Min Balance $500 Details Balance: $500.00 - $4,999.99; Minimum to open $100 Last Updated 11/06/2026 Rate History No change since Oct 21, 2026 · 0.75% APY · checked 5 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%

Grinnell State Bank Money Market Rates

Product	Rate	APY	View More
Money Market Savings	0.75%	0.75%
Min Deposit $100 Min Balance $25,000 Details Balance: $25,000.00 +; Minimum for APY $25,000; Available (Collected) Balance (AB) Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 0.75% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%

Grinnell State Bank Business Money Market Rates

Product	Rate	APY
Business Money Market Savings	1.00%	1.00%
Min Deposit $10,000 Min Balance $25,000 Details Balance: $25,000.00 and over; Minimum to open $10,000; Minimum for APY $10,000; Available (Collected) Balance Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 1.00% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Business Money Market Savings	0.75%	0.75%
Min Deposit $10,000 Min Balance $10,000 Details Balance: $10,000.00 to $24,999.99; Minimum to open $10,000; Minimum for APY $10,000; Available (Collected) Balance Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 0.75% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%

Grinnell State Bank Checking Rates

Product	Rate	APY
Premier Checking	0.35%	0.35%
Min Deposit $10,000 Min Balance $200,000 Details Balance: $200,000.00 and over; Available (Collected) Balance (AB) Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 0.35% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Premier Checking	0.30%	0.30%
Min Deposit $10,000 Min Balance $100,000 Details Balance: $100,000.00 - $199,999.99; Available (Collected) Balance (AB) Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 0.30% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Full Service Checking	0.25%	0.25%
Min Deposit $100 Min Balance $25,000 Details Balance: $25,000.00 and over; Minimum for APY $2500 AB (Available Collected Balance) Last Updated 11/06/2026 Rate History No change since Oct 7, 2026 · 0.25% APY · checked 7 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Premier Checking	0.25%	0.25%
Min Deposit $10,000 Min Balance $50,000 Details Balance: $50,000.00 - $99,999.99; Available (Collected) Balance (AB) Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 0.25% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Full Service Checking	0.20%	0.20%
Min Deposit $100 Min Balance $10,000 Details Balance: $10,000.00 to $24,999.99; Minimum for APY $2500 AB (Available Collected Balance) Last Updated 11/06/2026 Rate History No change since Oct 7, 2026 · 0.20% APY · checked 7 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Full Service Checking	0.15%	0.15%
Min Deposit $100 Min Balance $2,500 Details Balance: $2,500.00 to $9,999.99; Minimum for APY $2500 AB (Available Collected Balance) Last Updated 11/06/2026 Rate History No change since Oct 7, 2026 · 0.15% APY · checked 7 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%
Premier Checking	0.15%	0.15%
Min Deposit $10,000 Min Balance $0 Details Balance: $0.00 - $49,999.99; Available (Collected) Balance (AB) Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 0.15% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%

Grinnell State Bank Other Rates

Product	Rate	Points	APY/APR	Term	View More
IRA Open Time & College Fund Accounts	2.25%	-	2.27%
Min Deposit $50 Details Minimum: $50 IRA; $250 College Fund; Interest Bearing Savings Accounts; Minimum to open IRA $50, College Fund $250 Last Updated 11/06/2026 Rate History No change since Sep 14, 2026 · 2.27% APY · checked 11 times Institution Ratings 5.0 Star Rating A- Health Grade ◈ Texas Ratio: 14.50%

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.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Grinnell State Bank’s Texas Ratio rose from 0.00% in Q3 2023 to 14.50% in Q2 2026, so its financial health has held steady at a healthy level over the past 12 quarters. Over the same period its Star Rating moved from 4.9 to 5.0 and its Health Grade from A+ to A-. 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	$499M	14.50%	5.0	A-
March 31, 2026	$497M	16.61%	4.9	A-
December 31, 2025	$500M	16.04%	4.9	A-
September 30, 2025	$483M	17.21%	4.8	B+
June 30, 2025	$500M	18.93%	4.7	B+
March 31, 2025	$505M	15.87%	4.9	A-
December 31, 2024	$493M	17.03%	4.8	B+
September 30, 2024	$508M	15.81%	4.9	A-
June 30, 2024	$494M	13.23%	5.0	A
March 31, 2024	$475M	8.19%	5.0	A
December 31, 2023	$468M	7.89%	5.0	A
September 30, 2023	$461M	0.00%	4.9	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 Grinnell State 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 Grinnell State 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 Grinnell State Bank's official website for the most current offers and terms.

Bank Profile & Overview

Bank Name Grinnell State Bank

Website https://www.grinnell.bank

Address 814 4th Ave, Grinnell, IA 50112 · Poweshiek

Bank Holding Company GRINNELL BANCSHARES INC

FDIC Certificate # 11347

Regulator FDIC

Established October 25, 1925

FDIC Insurance Date January 1, 1934

Domestic Offices 4

Total Branches 4

FDIC Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A- (93/100)

Texas Ratio

14.50%

National Average Texas Ratio

5.85%

Return on Assets (ROA)

0.9837%

Return on Equity (ROE)

10.0700%

Non-Performing Loans Ratio (NPL)

0.36%

Total Assets

$498,585,000

Total Deposits

$346,562,000

Equity Capital

$49,701,000

Net Income

$2,452,000

Headquarters

Grinnell

Total Branches and Offices

Source: FDIC — Last Updated June 30, 2026

2026 MBR Health & Safety Badge

Grinnell State 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, so there is no need to download or upload anything. Badges are re-tested every quarter, and this profile page always shows the latest results, so the code never needs to change.

<a href="https://www.monitorbankrates.com/banks/grinnell-state-bank-rates-review-11347">
  <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

There are no reviews for Grinnell State Bank yet. Feel free to create one below.

Looking for more bank and credit union reviews? Visit our Community Reviews hub to read what other members are saying, ask questions, and join the conversation.

Average Rating

☆☆☆☆☆

Total Reviews

Add Your Rating and Review for Grinnell State Bank

Frequently Asked Questions About Grinnell State Bank

Does Grinnell State Bank offer CDs?

Yes. Grinnell State Bank current CD rates include its 6-Month CD at 3.68% APY, its CD - 6-Month at 3.68% APY and its CD - 60-Month at 2.52% APY, verified by MonitorBankRates as of November 6, 2026.

Are CDs from Grinnell State Bank FDIC insured?

Yes. Grinnell State Bank is insured by the Federal Deposit Insurance Corporation (FDIC), so CDs opened there are insured up to $250,000 per depositor, per ownership category.

What is the highest CD rate at Grinnell State Bank?

The highest Grinnell State Bank CD rate is its 33-Month with One Time Bump CD at 4.25% APY, verified by MonitorBankRates as of November 6, 2026.

What CD terms does Grinnell State Bank offer?

Grinnell State Bank CD rates are 3.68% APY for a 6 month CD, 2.07% APY for a 12 month CD, 2.07% APY for an 18 month CD, 2.07% APY for a 2 year CD, 2.32% APY for a 3 year CD, 2.42% APY for a 4 year CD and 2.52% APY for a 5 year CD, verified by MonitorBankRates as of November 6, 2026. The institution may offer other terms or specials that are not listed here, so check with Grinnell State Bank for its full lineup.

What is the highest savings rate at Grinnell State Bank?

The highest Grinnell State Bank savings rate is its Simply Savings (Personal & Business) at 2.02% APY, verified by MonitorBankRates as of November 6, 2026.

What is the highest money market rate at Grinnell State Bank?

The highest Grinnell State Bank money market rate is its Business Money Market Savings at 1.00% APY, verified by MonitorBankRates as of November 6, 2026.

What is the highest checking rate at Grinnell State Bank?

The highest Grinnell State Bank checking rate is its Premier Checking at 0.35% APY, verified by MonitorBankRates as of November 6, 2026.

How many branches does Grinnell State Bank operate?

Grinnell State Bank currently maintains approximately 4 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, Grinnell State 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, Grinnell State Bank provides members with tools to manage their accounts and build a solid financial history.

Does Grinnell State Bank offer online and mobile banking?

Most modern institutions like Grinnell State 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.grinnell.bank.

Are all CD rates listed on MonitorBankRates federally insured?

Most are. Banks are insured by the FDIC and most credit unions by the NCUA, up to $250,000 per depositor, per ownership category. A small number of credit unions are privately insured instead, and we label them on their pages. MonitorBankRates is not a bank or credit union; deposit insurance comes from the institution where you open the account.

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

You open the account directly with the bank or credit union. Use the View button next to a rate to go to the institution's website, then apply online, by phone or at a branch. Confirm the current rate and terms with the institution before you deposit.

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Your account is with the financial institution. MonitorBankRates is a rate comparison site; we do not open accounts, hold deposits or handle your money.

Why are some CD offers not available for me to open?

Some offers are limited to certain states or local areas, require membership or an existing account, need a minimum deposit, or were promotions that have since ended. Rates can also change after we verify them. The institution's website has the current eligibility rules.

How do Grinnell State Bank rates compare?

Grinnell State Bank's top CD rate of 3.68% APY on a 6 month CD is 31% higher than the MonitorBankRates national average of 2.81% APY for that term, and it has an A- health rating. Grinnell State Bank's top rates are its 33-Month with One Time Bump CD at 4.25% APY, its Simply Savings (Personal & Business) at 2.02% APY and its Premier Checking at 0.35% APY, verified by MonitorBankRates on November 6, 2026.

Current Grinnell State Bank Rates

12-Month CD2.07%
18-Month CD2.07%
24-Month CD2.07%
36-Month CD2.12%
48-Month CD2.22%
60-Month CD2.32%
Savings2.02%

Retrieved from our database of financial products. Rates subject to change.

Compare to Other Banks

Security Bank USA The Bank of South Carolina The First Bank of Okarche KCB Bank Community First Bank New Iberia, LA Cenlar FSB Prairie Sun Bank Wadena State Bank Vantage Bank Texas Marion County State Bank First Bank of Alabama Partners Bank of California DSRM National Bank International Finance Bank Pleasants County Bank Rushford State Bank Citizens Deposit Bank of Arlington, Inc. The Bank of New York Mellon Trust Company, National Association Citizens Bank (ELIZABETHTON, TN) Longview Bank The First Bank of Greenwich

Grinnell State Bank Rates & Review November 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

Grinnell State Bank Texas Ratio

Grinnell State Bank Health Trend

Grinnell State Bank CD Rates

Grinnell State Bank Savings Rates

Grinnell State Bank Business Savings Rates

Grinnell State Bank Money Market Rates

Grinnell State Bank Business Money Market Rates

Grinnell State Bank Checking Rates

Grinnell State Bank Other Rates

Financial Health History

Methodology & Data Sources

Bank Profile & Overview

Financials

Grinnell State Bank earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About Grinnell State Bank

Does Grinnell State Bank offer CDs?

Are CDs from Grinnell State Bank FDIC insured?

What is the highest CD rate at Grinnell State Bank?

What CD terms does Grinnell State Bank offer?

What is the highest savings rate at Grinnell State Bank?

What is the highest money market rate at Grinnell State Bank?

What is the highest checking rate at Grinnell State Bank?

How many branches does Grinnell State Bank operate?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Grinnell State Bank offer online and mobile banking?

Are all CD rates listed on MonitorBankRates federally insured?

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Why are some CD offers not available for me to open?

How do Grinnell State Bank rates compare?

Current Grinnell State Bank Rates

Compare to Other Banks