Mount Vernon Bank And Trust Company is a bank based in Mount Vernon, Iowa, established in 1884, with $196 million in total assets across 1 branch. By Trust Grade it ranks 6th of 226 banks we track in Iowa. Its capital ratio of 11.2% is stronger than 66% of similarly sized banks, versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.30% return on assets. No consumer complaints against Mount Vernon Bank And Trust Company appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Mount Vernon Bank And Trust Company compares to Iowa peers
How we graded Mount Vernon Bank And Trust Company
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.2% capital ratio)
- Strongly profitable (ROA 1.30%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Mount Vernon Bank And Trust Company over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 206 1st St Sw, Mount Vernon, IA 52314
Are deposits at Mount Vernon Bank And Trust Company insured?
Yes. Mount Vernon Bank And Trust Company is an FDIC-insured bank (FDIC certificate #10494). 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.
Mount Vernon Bank And Trust Company: frequently asked questions
Is Mount Vernon Bank And Trust Company a good bank?
Mount Vernon Bank And Trust Company 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 (11.2% capital ratio); Strongly profitable (ROA 1.30%).
Is Mount Vernon Bank And Trust Company FDIC-insured?
Yes. Mount Vernon Bank And Trust Company is a FDIC-insured bank (FDIC certificate #10494). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Mount Vernon Bank And Trust Company?
Mount Vernon Bank And Trust Company holds $196 million in total assets, ranking 6th of 226 banks we track in Iowa. It operates 1 branch.
Does Mount Vernon Bank And Trust Company have CFPB complaints?
No CFPB complaints against Mount Vernon Bank And Trust Company 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.
