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Connection Bank

Fort Madison, IA · Est. 1854 · Website ↗
A
Trust Grade
Excellent
Score: 98/100

Connection Bank is a bank based in Fort Madison, Iowa, established in 1854, with $544 million in total assets across 5 branches. By Trust Grade it ranks 106th of 226 banks we track in Iowa. Its capital ratio of 10.0% trails most similarly sized banks (47th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.75% return on assets. No consumer complaints against Connection Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$543.5M
$100M–1B institution
Deposits
$456.7M
Branches
5
Capital ratio
10.0%
Bottom 47% of $100M–1B peers · Iowa median 10.2%
Return on assets
1.8%
Top 20% of $100M–1B peers · Iowa median 1.31%
Rank in Iowa
#106
of 226 banks

How Connection Bank compares to Iowa peers

Capital ratio
Bottom 47% of $100M–1B peers
Connection Bank
10.0%
Iowa median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Top 20% of $100M–1B peers
Connection Bank
1.8%
Iowa median
1.3%
Higher ROA = more profitable relative to asset base

How we graded Connection Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (10.0% capital ratio)
  • Strongly profitable (ROA 1.75%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Connection Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (5)

  • 2119 Main St, Keokuk, IA 52632
  • 1206 48th St, Fort Madison, IA 52627
  • 121 S 1st St, Montrose, IA 52639
  • 115 Legacy Dr, Burlington, IA 52601
  • 636 Avenue G, Fort Madison, IA 52627

Are deposits at Connection Bank insured?

Yes. Connection Bank is an FDIC-insured bank (FDIC certificate #955). 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.

Connection Bank: frequently asked questions

Is Connection Bank a good bank?

Connection Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.0% capital ratio); Strongly profitable (ROA 1.75%).

Is Connection Bank FDIC-insured?

Yes. Connection Bank is a FDIC-insured bank (FDIC certificate #955). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Connection Bank?

Connection Bank holds $544 million in total assets, ranking 106th of 226 banks we track in Iowa. It operates 5 branches.

Does Connection Bank have CFPB complaints?

No CFPB complaints against Connection Bank appear in our data over the analysis window, which is typical for a bank of this size.

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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.

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