Boone Bank & Trust Co. is a bank based in Boone, Iowa, established in 1992, with $174 million in total assets across 2 branches. By Trust Grade it ranks 203rd of 226 banks we track in Iowa. Its capital ratio of 7.4% trails most similarly sized banks (9th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 0.96% return on assets. No consumer complaints against Boone Bank & Trust Co. appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Boone Bank & Trust Co. compares to Iowa peers
How we graded Boone Bank & Trust Co.
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.4% capital ratio)
- Profitable (ROA 0.96%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Boone Bank & Trust Co. over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 1326 South Story Street, Boone, IA 50036
- 716 8th St, Boone, IA 50036
Are deposits at Boone Bank & Trust Co. insured?
Yes. Boone Bank & Trust Co. is an FDIC-insured bank (FDIC certificate #33552). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Boone Bank & Trust Co.: frequently asked questions
Is Boone Bank & Trust Co. a good bank?
Boone Bank & Trust Co. earns a Bankzia Trust Grade of B (88/100, "Strong"), based on a financial-strength score of 88/100 (it has no CFPB complaints on record). Well-capitalized (7.4% capital ratio); Profitable (ROA 0.96%).
Is Boone Bank & Trust Co. FDIC-insured?
Yes. Boone Bank & Trust Co. is a FDIC-insured bank (FDIC certificate #33552). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Boone Bank & Trust Co.?
Boone Bank & Trust Co. holds $174 million in total assets, ranking 203rd of 226 banks we track in Iowa. It operates 2 branches.
Does Boone Bank & Trust Co. have CFPB complaints?
No CFPB complaints against Boone Bank & Trust Co. appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
