BankIowa of Cedar Rapids

7045 C Avenue Northeast
Cedar Rapids, IA 52402

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17282
Date Established 1881
Assets $0.63 billion
Loans $0.50 billion
Deposits $0.50 billion
Capital $0.07 billion

BankIowa of Cedar Rapids is an FDIC insured institution located in Cedar Rapids, IA. It was founded in 1881 and has approximately $0.63 billion in assets. Customers can open an account at one of its 11 branches.

For a more detailed analysis of BankIowa of Cedar Rapids's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in BankIowa of Cedar Rapids’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Farm Loans.

Compared to other banks, BankIowa of Cedar Rapids’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 25.17
Multifamily
Mortgages
5.07
Credit Card Loans 0.00
Consumer Auto Loans 1.01
Small Business Loans 7.73
Construction and Development Loans 4.51
Commercial Real Estate 19.32
Commercial and Industrial Loans 12.98
Farm Loans 14.80

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.12% $500 - Learn MoreShow Less
6 Mo CD 10K
0.18% $500 - Learn MoreShow Less
Special: 7 Mo CD
0.75% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.10% $1 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.30% $1 - Learn MoreShow Less
Special: 7 Mo FIRA
0.75% $500 - Learn MoreShow Less
Special: 12 Mo FIRA
1.51% $500 - Learn MoreShow Less
Special: 24 Mo FIRA
1.81% $500 - Learn MoreShow Less
Special: 36 Mo FIRA
2.02% $500 - Learn MoreShow Less
Special: 59 Mo FIRA
2.12% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.50% $500 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.10% $1 $24,999 Learn MoreShow Less
MM 25K
0.10% $25,000 $49,999 Learn MoreShow Less
PREMM Rates APY MIN MAX
Premium MM 10K
0.10% $10,000 $24,999 Learn MoreShow Less
Premium MM 25K
0.10% $25,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1 - Learn MoreShow Less
Checking Rates APY MIN FEE
Champion Checking Account 2.27% $0 $0.00 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

BankIowa of Cedar Rapids branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bankiowa Of Cedar Rapids Locations

Financial Details

BankIowa of Cedar Rapids Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BankIowa of Cedar Rapids. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
BankIowa of Cedar Rapids U.S. Bank Average
2.03% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, BankIowa of Cedar Rapids had $1,468,000 in non-current loans and $26,000 in owned real estate. To cover these potential losses it had $67,689,000 in equity and $5,959,000 in loans loss reserves. That gives it a Texas Ratio of 2.03%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
BankIowa of Cedar Rapids U.S. Bank Average
10.76% 8.58

BankIowa of Cedar Rapids has a Return on Equity of 10.76% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
BankIowa of Cedar Rapids U.S. Bank Average
10.7% 12.11

BankIowa of Cedar Rapids has a Capitalization of 10.7% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

BankIowa of Cedar Rapids Balance Sheet Analysis

As of June 30, 2017, BankIowa of Cedar Rapids had assets of $632,612,000, loans of $498,805,000, and deposits of $502,895,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About BankIowa of Cedar Rapids

Branches and Savings

Is BankIowa of Cedar Rapids FDIC insured?

Yes. It is covered under FDIC Certificate #17282.

Why does BankIowa of Cedar Rapids pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are BankIowa of Cedar Rapids CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is BankIowa of Cedar Rapids a commercial bank?

Yes

Where are BankIowa of Cedar Rapids locations?

See branch locations nearby.

Is BankIowa of Cedar Rapids open on Saturdays?

Is BankIowa of Cedar Rapids open on Sundays?

What time does BankIowa of Cedar Rapids open?

What time does BankIowa of Cedar Rapids close?

Are BankIowa of Cedar Rapids ATMs Open 24/7?

Do BankIowa of Cedar Rapids ATMs accept cash deposits?

Can BankIowa of Cedar Rapids customers use other ATMs?

Do BankIowa of Cedar Rapids branches have notaries?

Will BankIowa of Cedar Rapids notarize my document?

What address for BankIowa of Cedar Rapids should I put for incoming ACH transfers?

Will the BankIowa of Cedar Rapids branch print checks?

Do BankIowa of Cedar Rapids checks expire?

Does BankIowa of Cedar Rapids require US citizenship to open account?

Can BankIowa of Cedar Rapids close my account?

Does BankIowa of Cedar Rapids Report to credit bureaus?

Does BankIowa of Cedar Rapids Use Equifax?

What is BankIowa of Cedar Rapids's ACH Routing Number?

What is BankIowa of Cedar Rapids's SWIFT code?

Products

Does BankIowa of Cedar Rapids offer mortgages?

Compare mortgage rates here.

Does BankIowa of Cedar Rapids offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does BankIowa of Cedar Rapids offer personal loans?

Compare personal loan rates here.

Does BankIowa of Cedar Rapids offer student loans?

Will BankIowa of Cedar Rapids cash a check?

Will BankIowa of Cedar Rapids redeem a savings bond?

Does BankIowa of Cedar Rapids cash savings bonds?

Will BankIowa of Cedar Rapids cash money orders?

Can BankIowa of Cedar Rapids issue a money order?

Does BankIowa of Cedar Rapids do currency exchange?

Background on The Bank

Who owns BankIowa of Cedar Rapids?

How long has BankIowa of Cedar Rapids been around?

Can BankIowa of Cedar Rapids transfer to other banks?

Does BankIowa of Cedar Rapids have quick pay?

Does BankIowa of Cedar Rapids accept rolled coins?

Will BankIowa of Cedar Rapids accept loose change?

Where is BankIowa of Cedar Rapids headquarters?

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