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Ion Bank Rates & Review November 2026

Q: What are the current interest rates at Ion Bank?

Current rates for Ion Bank include: 12-Month CD: 1.00%, 18-Month CD: 1.00%, 24-Month CD: 1.00%, 36-Month CD: 0.85%, 48-Month CD: 0.85%, 60-Month CD: 1.00%, Savings: 1.80%, MMA: 1.15%

Q: What CD terms does Ion Bank offer?

Ion Bank CD rates are 3.70% APY for a 3 month CD, 3.75% APY for a 10 month CD, 1.00% APY for a 12 month CD, 1.00% APY for an 18 month CD, 1.00% APY for a 2 year CD, 4.00% APY for a 25 month CD, 0.85% APY for a 3 year CD, 0.85% APY for a 4 year CD and 1.00% 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 Ion Bank for its full lineup.

Content reviewed by

Brian McKay

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

Ion Bank's 25-Month CD rates are at 4.00%, 10-Month CD rates are at 3.75%, 3-Month CD rates are at 3.70%, 12-Month CD rates are at 1.00%, 18-Month CD rates are at 1.00%. Ion Bank's savings rates are at 1.80%. Ion Bank's money market rates are at 1.15%. Ion Bank's checking rates are as high as 0.20%. Ion Bank's Conventional Mortgage - 7/6 ARM rates are at 6.00%, Conventional Mortgage - 10/6 ARM rates are at 6.25%, Conventional Mortgage - 5/6 ARM rates are at 5.875%, Conventional Mortgage - 15 Year Fixed rates are at 6.50%, Conventional Mortgage - 20 Year Fixed rates are at 6.75%. Ion Bank's Personal Loan Rates are as low as 14.00%. Ion Bank's top CD rate of 4.00% APY on a 25 month CD is 37% higher than the MonitorBankRates national average of 2.93% APY for that term, and it has an A health rating. MonitorBankRates evaluates the financial stability of Ion Bank with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 10.40%. Rates last updated and verified on 11/06/2026.

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

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

Excellent Health Score: 95/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

10.40%

Excellent Higher than avg

Health Trend

Steady 12 quarters

Full history ›

Ion Bank

251 Church St
Naugatuck, CT 06770

https://www.ionbank.com

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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.

Ion Bank CD Rates

Product	Rate	APY	Term	Min. Deposit
25-Month CD	3.93%	4.00%	25 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 4.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 25-Month CD	3.93%	4.00%	25 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 4.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
10-Month CD	3.69%	3.75%	10 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 4.00% → 3.75% ▼ 0.25 pts · high 4.00% / low 3.75% Oct 14, 20263.75%▼ from 4.00% Sep 24, 20264.00%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 10-Month CD	3.69%	3.75%	10 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 3.75% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
3-Month CD	3.64%	3.70%	3 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 3.70% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 3-Month CD	3.64%	3.70%	3 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 3.70% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
12-Month CD	1.00%	1.00%	12 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 1.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
18-Month CD	1.00%	1.00%	18 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 1.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
24-Month CD	1.00%	1.00%	24 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 1.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
6-Month CD	1.00%	1.00%	6 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 1.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
60-Month CD	1.00%	1.00%	60 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 1.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
9-Month CD	1.00%	1.00%	9 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 1.00% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 12-Month CD	1.00%	1.00%	12 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 1.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 18-Month CD	1.00%	1.00%	18 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 1.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 24-Month CD	1.00%	1.00%	24 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 1.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 6-Month CD	1.00%	1.00%	6 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 1.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 60-Month CD	1.00%	1.00%	60 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 1.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 9-Month CD	1.00%	1.00%	9 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 1.00% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
36-Month CD	0.85%	0.85%	36 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 0.85% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
48-Month CD	0.85%	0.85%	48 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 0.85% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 36-Month CD	0.85%	0.85%	36 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 0.85% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 48-Month CD	0.85%	0.85%	48 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 0.85% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
30-Month CD	0.80%	0.80%	30 months	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 0.80% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
IRA Accounts - 30-Month CD	0.80%	0.80%	30 Month	$500
Min Deposit $500 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 0.80% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%

Ion Bank Savings Rates

Product	Rate	APY
Ka-Ching! Savings Account	1.79%	1.80%
Min Deposit $0 Min Balance $100,000 Details Balance: $100,000.00 - Over Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 1.65% → 1.80% ▲ 0.15 pts · high 1.80% / low 1.65% Oct 14, 20261.80%▲ from 1.65% Sep 24, 20261.65%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Statement Savings	1.14%	1.15%
Min Balance $250,000 Details Tier IV; Balance: $250,000.00 and Over Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 1.15% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Ka-Ching! Savings Account	1.09%	1.10%
Min Deposit $0 Min Balance $10,000 Details Balance: $10,000.00 - $99,999.99 Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 1.00% → 1.10% ▲ 0.10 pts · high 1.10% / low 1.00% Oct 14, 20261.10%▲ from 1.00% Sep 24, 20261.00%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Statement Savings	0.80%	0.80%
Min Deposit $50 Min Balance $100,000 Details Tier III; Balance: $100,000.00 - Over Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 0.80% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Statement Savings	0.65%	0.65%
Min Balance $100,000 Details Tier III; Balance: $100,000.00 -$249,999.99 Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 0.80% → 0.65% ▼ 0.15 pts · high 0.80% / low 0.65% Oct 22, 20260.65%▼ from 0.80% Sep 24, 20260.80%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Non-Personal Statement Savings	0.50%	0.50%
Min Deposit $50 Min Balance $100,000 Details Tier III; Balance: $100,000.00 and Over Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 0.50% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Ka-Ching! Savings Account	0.45%	0.45%
Min Deposit $0 Min Balance $50 Details Balance: $50.00 - $9,999.99 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 0.45% APY · checked 7 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Statement Savings	0.40%	0.40%
Min Balance $10,000 Details Tier II; Balance: $10,000.00 -$99,999.99 Last Updated 11/06/2026 Rate History 1 change since Sep 24, 2026 · 0.35% → 0.40% ▲ 0.05 pts · high 0.40% / low 0.35% Oct 22, 20260.40%▲ from 0.35% Sep 24, 20260.35%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Non-Personal Statement Savings	0.35%	0.35%
Min Deposit $50 Min Balance $10,000 Details Tier II; Balance: $10,000.00 to $99,999.99 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 0.35% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Statement Savings	0.35%	0.35%
Min Deposit $50 Min Balance $10,000 Details Tier II; Balance: $10,000.00 - $99,999.99 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 0.35% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Non-Personal Statement Savings	0.05%	0.05%
Min Deposit $50 Min Balance $50 Details Tier I; Balance: $50.00 to $9,999.99 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 0.05% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Statement Savings	0.05%	0.05%
Min Deposit $50 Min Balance $50 Details Tier I; Balance: $50.00 -$9,999.99 Last Updated 11/06/2026 Rate History No change since Sep 24, 2026 · 0.05% APY · checked 10 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%

Ion Bank Business Money Market Rates

Product	Rate	APY
Business Money Market Account	1.14%	1.15%
Min Deposit $1,000 Min Balance $250,000 Details Tier IV; Balance: $250,000.00 and Over Last Updated 11/06/2026 Rate History No change since Sep 28, 2026 · 1.15% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Business Money Market Account	0.65%	0.65%
Min Deposit $1,000 Min Balance $100,000 Details Tier III; Balance: $100,000.00 to $249,999.99 Last Updated 11/06/2026 Rate History No change since Sep 28, 2026 · 0.65% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Business Money Market Account	0.40%	0.40%
Min Deposit $1,000 Min Balance $10,000 Details Tier II; Balance: $10,000.00 to $99,999.99 Last Updated 11/06/2026 Rate History No change since Sep 28, 2026 · 0.40% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Business Money Market Account	0.05%	0.05%
Min Deposit $1,000 Min Balance $0 Details Tier I; Balance: $9,999.99 and Under Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 0.05% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%

Ion Bank Checking Rates

Product	Rate	APY
Preferred Checking with Interest	0.20%	0.20%
Min Deposit $50 Min Balance $10,000 Details Rate Type: Tier III; Balance: $10,000.00 and Over Last Updated 11/06/2026 Rate History No change since Sep 28, 2026 · 0.20% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Preferred Checking with Interest	0.10%	0.10%
Min Deposit $50 Min Balance $1,000 Details Rate Type: Tier II; Balance: $1,000.00 -$9,999.99 Last Updated 11/06/2026 Rate History No change since Sep 28, 2026 · 0.10% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Preferred Checking with Interest	0.05%	0.05%
Min Deposit $50 Min Balance $50 Details Rate Type: Tier I; Balance: $50.00 - $999.99 Last Updated 11/06/2026 Rate History No change since Sep 28, 2026 · 0.05% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%

Ion Bank Mortgage Rates

Product	Rate	Points	APR
Conventional Mortgage - 7/6 ARM	6.00%	0	6.531%
Details Fully Indexed Rate: 6.875% Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 6.53% APR · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Conventional Mortgage - 10/6 ARM	6.25%	0	6.57%
Details Fully Indexed Rate: 6.875% Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 6.57% APR · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Conventional Mortgage - 5/6 ARM	5.875%	0	6.599%
Details Fully Indexed Rate: 6.875% Last Updated 11/06/2026 Rate History 1 change since Oct 22, 2026 · 6.86% → 6.60% ▼ 0.26 pts · high 6.86% / low 6.60% Nov 6, 20266.60%▼ from 6.86% Oct 22, 20266.86%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Conventional Mortgage - 15 Year Fixed	6.50%	0	6.689%
No additional details. Last Updated 11/06/2026 Rate History 1 change since Oct 22, 2026 · 6.94% → 6.69% ▼ 0.25 pts · high 6.94% / low 6.69% Nov 6, 20266.69%▼ from 6.94% Oct 22, 20266.94%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Conventional Mortgage - 20 Year Fixed	6.75%	0	6.903%
No additional details. Last Updated 11/06/2026 Rate History 1 change since Oct 22, 2026 · 7.15% → 6.90% ▼ 0.25 pts · high 7.15% / low 6.90% Nov 6, 20266.90%▼ from 7.15% Oct 22, 20267.15%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Conventional Mortgage - 30 Year Fixed	7.00%	0	7.118%
No additional details. Last Updated 11/06/2026 Rate History 1 change since Oct 22, 2026 · 7.37% → 7.12% ▼ 0.25 pts · high 7.37% / low 7.12% Nov 6, 20267.12%▼ from 7.37% Oct 22, 20267.37%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Jumbo Mortgage - 15 Year Fixed	7.25%	0.25	7.544%
No additional details. Last Updated 11/06/2026 Rate History 1 change since Oct 22, 2026 · 7.80% → 7.54% ▼ 0.25 pts · high 7.80% / low 7.54% Nov 6, 20267.54%▼ from 7.80% Oct 22, 20267.80%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Jumbo Mortgage - 20 Year Fixed	7.50%	0.25	7.739%
No additional details. Last Updated 11/06/2026 Rate History 1 change since Oct 22, 2026 · 7.99% → 7.74% ▼ 0.25 pts · high 7.99% / low 7.74% Nov 6, 20267.74%▼ from 7.99% Oct 22, 20267.99%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Jumbo Mortgage - 30 Year Fixed	7.75%	0.25	7.938%
No additional details. Last Updated 11/06/2026 Rate History 1 change since Oct 22, 2026 · 8.19% → 7.94% ▼ 0.25 pts · high 8.19% / low 7.94% Nov 6, 20267.94%▼ from 8.19% Oct 22, 20268.19%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%

Ion Bank Home Equity & HELOC

Product	Rate	Points	APR	Term
Home Equity Loan - 7 Year	-	-	6.00%	7 Year
Details Second Lien Position; $10,000.00 minimum loan amount; Maximum loan 85% of appraised value less first mortgage; Rates quoted for loan amounts up to $250,000; 0.25% discount with automatic payment deduction from an Ion Bank personal checking account Last Updated 11/06/2026 Rate History No change since Sep 16, 2026 · 6.00% APR · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Home Equity Loan - 5 Year	-	-	6.25%	5 Year
Details Second Lien Position; $10,000.00 minimum loan amount; Maximum loan 85% of appraised value less first mortgage; Rates quoted for loan amounts up to $250,000; 0.25% discount with automatic payment deduction from an Ion Bank personal checking account Last Updated 11/06/2026 Rate History No change since Sep 16, 2026 · 6.25% APR · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Home Equity Loan - 10 Year	-	-	6.50%	10 Year
Details Second Lien Position; $10,000.00 minimum loan amount; Maximum loan 85% of appraised value less first mortgage; Rates quoted for loan amounts up to $250,000; 0.25% discount with automatic payment deduction from an Ion Bank personal checking account Last Updated 11/06/2026 Rate History No change since Sep 16, 2026 · 6.50% APR · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Home Equity Loan - 15 Year	-	-	6.75%	15 Year
Details Second Lien Position; $10,000.00 minimum loan amount; Maximum loan 85% of appraised value less first mortgage; Rates quoted for loan amounts up to $250,000; 0.25% discount with automatic payment deduction from an Ion Bank personal checking account Last Updated 11/06/2026 Rate History No change since Sep 16, 2026 · 6.75% APR · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Home Equity Loan - 20 Year	-	-	7.00%	20 Year
Details Second Lien Position; $10,000.00 minimum loan amount; Maximum loan 85% of appraised value less first mortgage; Rates quoted for loan amounts up to $250,000; 0.25% discount with automatic payment deduction from an Ion Bank personal checking account Last Updated 11/06/2026 Rate History No change since Sep 16, 2026 · 7.00% APR · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Home Equity Line of Credit - 5 Year/20 Year	-	-	7.25%	20 years
Details Owner Occupied Properties Only; Draw Period: 5 years; Repayment Term: 20 years; Margin: .25%; Floor: 5.50%; Variable rate based on WSJ Prime plus margin; Maximum APR 15%; 0.25% discount with automatic payment from Ion Bank personal checking; Annual fee of $50 waived with automatic payment Last Updated 11/06/2026 Rate History No change since Oct 14, 2026 · 7.25% APR · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Home Equity Line of Credit - 10 Year/15 Year	-	-	7.50%	15 years
Details Owner Occupied Properties Only; Draw Period: 10 years; Repayment Term: 15 years; Margin: .50%; Floor: 5.50%; Variable rate based on WSJ Prime plus margin; Maximum APR 15%; 0.25% discount with automatic payment from Ion Bank personal checking; Annual fee of $50 waived with automatic payment Last Updated 11/06/2026 Rate History No change since Oct 14, 2026 · 7.50% APR · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%

Ion Bank Personal Loan Rates

Product	APR	Term
Personal Unsecured Loan	14.00%	1 Year
Details $1,500 Minimum Loan Amount, $5,000 Maximum Loan Amount; Apply in person at one of our nearest branches Last Updated 11/06/2026 Rate History No change since Sep 16, 2026 · 14.00% APR · checked 11 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Personal Unsecured Loan	14.00%	2 Years
Details $1,500 Minimum Loan Amount, $5,000 Maximum Loan Amount; Apply in person at one of our nearest branches Last Updated 11/06/2026 Rate History No change since Sep 16, 2026 · 14.00% APR · checked 11 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Personal Unsecured Loan	14.00%	3 Years
Details $1,500 Minimum Loan Amount, $5,000 Maximum Loan Amount; Apply in person at one of our nearest branches Last Updated 11/06/2026 Rate History No change since Sep 16, 2026 · 14.00% APR · checked 11 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Personal Unsecured Loan	14.00%	4 Years
Details $1,500 Minimum Loan Amount, $5,000 Maximum Loan Amount; Apply in person at one of our nearest branches Last Updated 11/06/2026 Rate History No change since Sep 16, 2026 · 14.00% APR · checked 11 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%

Ion Bank Other Rates

Product	Rate	Points	APY/APR	Term
Home Improvement Loan - 10 Year	-	-	6.75%	10 Year
Details Second lien position; maximum loan 80% of completed project appraised value less first mortgage; rates quoted for loan amounts up to $250,000; 0.25% discount with automatic payment from Ion Bank personal checking Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 6.75% APR · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Home Improvement Loan - 15 Year	-	-	7.00%	15 Year
Details Second lien position; maximum loan 80% of completed project appraised value less first mortgage; rates quoted for loan amounts up to $250,000; 0.25% discount with automatic payment from Ion Bank personal checking Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 7.00% APR · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Home Improvement Loan - 20 Year	-	-	7.25%	20 Year
Details Second lien position; maximum loan 80% of completed project appraised value less first mortgage; rates quoted for loan amounts up to $250,000; 0.25% discount with automatic payment from Ion Bank personal checking Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 7.25% APR · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Home Improvement Loan - 5 Year	-	-	6.50%	5 Year
Details Second lien position; maximum loan 80% of completed project appraised value less first mortgage; rates quoted for loan amounts up to $250,000; 0.25% discount with automatic payment from Ion Bank personal checking Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 6.50% APR · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Home Improvement Loan - 7 Year	-	-	6.25%	7 Year
Details Second lien position; maximum loan 80% of completed project appraised value less first mortgage; rates quoted for loan amounts up to $250,000; 0.25% discount with automatic payment from Ion Bank personal checking Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 6.25% APR · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Smart-E Home Energy Improvement Loan	-	-	6.99%	5 Years
Details Maximum loan amount $50,000 Last Updated 11/06/2026 Rate History No change since Oct 14, 2026 · 6.99% APR · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Smart-E Home Energy Improvement Loan	-	-	6.99%	7 Years
Details Maximum loan amount $50,000 Last Updated 11/06/2026 Rate History No change since Oct 14, 2026 · 6.99% APR · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Smart-E Home Energy Improvement Loan	-	-	6.99%	10 Years
Details Maximum loan amount $50,000 Last Updated 11/06/2026 Rate History No change since Oct 14, 2026 · 6.99% APR · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Smart-E Home Energy Improvement Loan	-	-	7.49%	12 Years
Details Maximum loan amount $50,000 Last Updated 11/06/2026 Rate History No change since Oct 14, 2026 · 7.49% APR · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Business NOW	0.05%	-	0.05%
Min Balance $50 Details Balance: $50.00 to $999.99; Tier I Last Updated 11/06/2026 Rate History No change since Oct 14, 2026 · 0.05% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Business NOW	0.10%	-	0.10%
Min Balance $1,000 Details Balance: $1,000.00 to $9,999.99; Tier II Last Updated 11/06/2026 Rate History No change since Oct 14, 2026 · 0.10% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Business NOW	0.20%	-	0.20%
Min Balance $10,000 Details Balance: $10,000.00 and Over; Tier III Last Updated 11/06/2026 Rate History No change since Oct 14, 2026 · 0.20% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%
Landlord / Tenant Escrow Account	0.49%	-	0.49%
Min Deposit $100 Min Balance $0 Details Tier I; Minimum Balance to earn APY: $0.01 Last Updated 11/06/2026 Rate History No change since Oct 22, 2026 · 0.49% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 10.40%

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.
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Financial Health History

Ion Bank’s Texas Ratio stayed near 10.77% in Q3 2023 to 10.40% 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 5.0 to 5.0. 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	$2.8B	10.40%	5.0	A
March 31, 2026	$2.8B	7.28%	5.0	A
December 31, 2025	$2.7B	6.49%	5.0	A
September 30, 2025	$2.8B	5.01%	5.0	A+
June 30, 2025	$2.8B	5.90%	5.0	A+
March 31, 2025	$2.2B	4.91%	5.0	A+
December 31, 2024	$2.1B	4.88%	5.0	A+
September 30, 2024	$2.1B	5.10%	5.0	A+
June 30, 2024	$2.1B	4.98%	5.0	A+
March 31, 2024	$2.1B	4.81%	5.0	A+
December 31, 2023	$2.2B	8.14%	5.0	A
September 30, 2023	$2.2B	10.77%	5.0	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 Ion 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 Ion 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 Ion Bank's official website for the most current offers and terms.

Bank Profile & Overview

Bank Name Ion Bank

Website https://www.ionbank.com

Address 251 Church St, Naugatuck, CT 06770 · Naugatuck Valley

Bank Holding Company ION FINANCIAL MHC INC

FDIC Certificate # 18198

Regulator FED

Established January 1, 1870

FDIC Insurance Date July 1, 1960

Domestic Offices 37

Total Branches 37

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

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A (95/100)

Texas Ratio

10.40%

National Average Texas Ratio

5.85%

Return on Assets (ROA)

0.9271%

Return on Equity (ROE)

7.6300%

Non-Performing Loans Ratio (NPL)

1.08%

Total Assets

$2,783,038,000

Total Deposits

$2,277,893,000

Equity Capital

$341,243,000

Net Income

$12,800,000

Headquarters

Naugatuck

Total Branches and Offices

Source: FDIC — Last Updated June 30, 2026

2026 MBR Health & Safety Badge

Ion 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/ion-bank-rates-review-18198">
  <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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Average Rating

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Total Reviews

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Frequently Asked Questions About Ion Bank

Does Ion Bank offer CDs?

Yes. Ion Bank current CD rates include its 25-Month CD at 4.00% APY, its 10-Month CD at 3.75% APY and its 3-Month CD at 3.70% APY, verified by MonitorBankRates as of November 6, 2026.

Are CDs from Ion Bank FDIC insured?

Yes. Ion 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 Ion Bank?

The highest Ion Bank CD rate is its 25-Month Certificate at 4.00% APY, verified by MonitorBankRates as of November 6, 2026.

What CD terms does Ion Bank offer?

Ion Bank CD rates are 3.70% APY for a 3 month CD, 3.75% APY for a 10 month CD, 1.00% APY for a 12 month CD, 1.00% APY for an 18 month CD, 1.00% APY for a 2 year CD, 4.00% APY for a 25 month CD, 0.85% APY for a 3 year CD, 0.85% APY for a 4 year CD and 1.00% 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 Ion Bank for its full lineup.

What is the highest savings rate at Ion Bank?

The highest Ion Bank savings rate is its Ka-Ching! Savings Account at 1.80% APY, verified by MonitorBankRates as of November 6, 2026.

What is the highest money market rate at Ion Bank?

The highest Ion Bank money market rate is its Business Money Market Account at 1.15% APY, verified by MonitorBankRates as of November 6, 2026.

What is the highest checking rate at Ion Bank?

The highest Ion Bank checking rate is its Preferred Checking with Interest at 0.20% APY, verified by MonitorBankRates as of November 6, 2026.

What is the lowest 30 year fixed mortgage rate at Ion Bank?

The lowest Ion Bank 30 year fixed mortgage rate is its Conventional Mortgage - 30 Year Fixed at 7.00%, verified by MonitorBankRates as of November 6, 2026. Ion Bank mortgage rates are 7.00% for a 30 year mortgage, 6.75% for a 20 year mortgage, 6.50% for a 15 year mortgage, 5.875% for a 5/6 ARM, 6.00% for a 7/6 ARM and 6.25% for a 10/6 ARM.

What is the lowest personal loan rate at Ion Bank?

The lowest Ion Bank personal loan rate is its Personal Unsecured Loan at 14.00% APR, verified by MonitorBankRates as of November 6, 2026.

How many branches does Ion Bank operate?

Ion Bank currently maintains approximately 37 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, Ion 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, Ion Bank provides members with tools to manage their accounts and build a solid financial history.

Does Ion Bank offer online and mobile banking?

Most modern institutions like Ion 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.ionbank.com.

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 Ion Bank rates compare?

Ion Bank's top CD rate of 4.00% APY on a 25 month CD is 37% higher than the MonitorBankRates national average of 2.93% APY for that term, and it has an A health rating. Ion Bank's top rates are its 25-Months 25-Month Certificate at 4.00% APY, its Ka-Ching! Savings Account at 1.80% APY, its Business Money Market Account at 1.15% APY, its Preferred Checking with Interest at 0.20% APY, its Conventional Mortgage - 5/6 ARM at 5.875% and its Personal Unsecured Loan at 14.00% APR, verified by MonitorBankRates on November 6, 2026.

Current Ion Bank Rates

12-Month CD1.00%
18-Month CD1.00%
24-Month CD1.00%
36-Month CD0.85%
48-Month CD0.85%
60-Month CD1.00%
Savings1.80%
MMA1.15%

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

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Ion Bank Rates & Review November 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

Ion Bank Texas Ratio

Ion Bank Health Trend

Ion Bank CD Rates

Ion Bank Savings Rates

Ion Bank Business Money Market Rates

Ion Bank Checking Rates

Ion Bank Mortgage Rates

Ion Bank Home Equity & HELOC

Ion Bank Personal Loan Rates

Ion Bank Other Rates

Financial Health History

Methodology & Data Sources

Bank Profile & Overview

Financials

Ion Bank earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About Ion Bank

Does Ion Bank offer CDs?

Are CDs from Ion Bank FDIC insured?

What is the highest CD rate at Ion Bank?

What CD terms does Ion Bank offer?

What is the highest savings rate at Ion Bank?

What is the highest money market rate at Ion Bank?

What is the highest checking rate at Ion Bank?

What is the lowest 30 year fixed mortgage rate at Ion Bank?

What is the lowest personal loan rate at Ion Bank?

How many branches does Ion Bank operate?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Ion 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 Ion Bank rates compare?

Current Ion Bank Rates

Compare to Other Banks