It is more important than ever to deal with financially secure banks. We still need the best interest rates at the same time. While the FDIC does guarantee that Bank CD investments are safe, it doesn’t hurt to do a little research and find the banks that are the most sound financially right now.

While the below list is not for the best CD rates in Iowa, it could be considered a safe list of banks for investing in CD’s according to Bauer financial and other reputable sources for rating banks.

Below is a list of all Iowa banks and their headquartered City that have a 3 1/2 star “good” to a 5 star “superior” with the #1 US bank rating system called Bauerfinancial. The list is current as of April 2010 and is based on the most recent financial data provided on 12/31/09.

1. Ackley State Bank – Ackley
2. American Bank N.A. – Le Mars
3. American National Bank – Holstein
4. American Savings Bank – Tripoli
5. American State Bank – Osceola
6. Ashton State Bank – Ashton
7. Atkins Savings Bank and Trust – Atkins
8. Audubon State Bank – Audubon
9. Bank Iowa – Clarinda, Denison
10. Bank Midwest Minnesota Iowa N.A. – Spirit Lake
11. Bank Plus – Estherville
12. Bankers Trust Co. – Cedar Rapids
13. Bankers Trust Co. – Des Moines
14. BankIowa – Cedar Rapids
15. Bellevue State Bank – Bellevue
16. Benton County State Bank – Blairstown
17. Blencoe State Bank – Blencoe
18. Blue Grass Savings Bank – Blue Grass
19. Boone Bank and Trust – Boone
20. Breda Savings Bank – Breda
21. Bridge Savings Bank – Mount Vernon
22. Carroll County State Bank – Carroll
23. Cedar Rapids Bank and Trust – Cedar Rapids
24. Cedar Valley Bank and Trust – La Porte City
25. Center Point Bank and Trust – Center Point
26. Central Bank – Storm Lake
27. Central State Bank – Elkader
28. Central State Bank – State Center
29. Central State Bank – Muscatine
30. Charter Bank – Johnston
31. Chelsea Savings Bank – Belle Plaine
32. Cherokee State Bank – Cherokee
33. Citizens Bank – Sac City
34. Citizens First Bank – Clinton
35. citizens First National Bank – Storm Lake
36. Citizens Savings Bank – Anamosa
37. Citizens Savings Bank – Hawkeye
38. Citizens Savings Bank – Marshalltown
39. Citizens Savings Bank – Spillville
40. Citizens State Bank – Fort Dodge
41. Citizens State Bank – Seldon
42. City National Bank of Shenandoah
43. City State Bank – Norwalk
44. clear Lake Bank and Trust – Clear Lake
45. Clinton National Bank – Clinton
46. Columbus Junction State Bank
47. Commercial Savings Bank – Carroll
48. Community Bank – Dunlap
49. Community Bank – Muscatine
50. Community Bank – Nevada
51. Community Bank of Oelwein
52. Communiy First Bank – Keosauqua
53. Community Savings Bank – Edgewood
54. Community State Bank – Indianola
55. Community State Bank – Paton
56. Community State Bank – Spencer
57. Community State Bank – West Branch
58. Corydon State Bank – Corydon
59. Crawford State Bank – Dension
60. Cresco Union Savings Bank
61. Danville State Savings Bank – New London
62. De Witt Bank and Trust
63. Decorah Bank and Trust
64. Denver Savings Bank
65. Dubuque Bank and Trust
66. Dysart State Bank
67. Earlham Savings Bank – West Des Moines
68. Elgin State Bank
69. Emmet County State Bank – Esterville
70. Exchange State Bank – Springville
71. F&M Bank-Iowa – Marshalltown
72. Fairfax State Savings Bank – Fairfax
73. Farmers and Merchants Savings Bank – Waukon
74. Farmer and Merchants State BAnk – Winterset
75. Farmers and Traders Savings Bank – Bancroft
76. Farmers and Traders Savings Bank – Douds
77. Farmers Savings Bank – Colesburg
78. Farmers Savings Bank – Frederika
79. Farmers Savings Bank – Keota
80. Farmers Savings Bank – Marshalltown
81. Farmers Savings Bank – Remsen
82. Farmers SAvings Bank – Victor
83. Farmers Savings Bank – Wever
84. Farmers Savings Bank and Trust – Traer
85. Farmers State Bank – Algona
86. Farmers State Bank – Lake View
87. Farmers State Bank – Marcus
88. Farmers State Bank – Marion
89. Farmers State Bank – Northwood
90. Farmers State Bank – Waterloo
91. Farmers State Bank – Yale
92. Farmers Trust and Savings Bank – Buffalo Center
93. Farmers Trust and Savings Bank – Williamsburg
94. Fidelity Bank & Trust – Dyersville
95. First Citizens National Bank – Mason City
96. First Community Bank – Newell
97. First Federal Savings Bank – Fort Dodge
98. First Federal Saving Bank of Creston F.S.B.
99. First Iowa State Bank – Albia
100 First National Bank – Davenport
101 First National Bank – Waverly
102 First National Bank Ames Iowa
103 First National Bank in Creston
104 First National Bank in Fairfield
105 First National Bank of Akron
106 First National Bank of Hampton
107 First National Bank of Manning
108 First National Bank of Muscatine
109 First National Bank of Primghar
110 First National Bank of Rembrandt
111 First Natiional Bank of West Union
112 First Newton National Bank
113 First Security Bank and Trust – Charles City
114 First State Bank – Belmond
115 First State Bank – Britt
116 First State Bank – Hawarden
117 First State Bank – Ida Grove
118 First State Bank – Lynnville
119 First State Bank – Manchester
120 First State Bank – Nashua
121 First State Bank – Sioux Rapids
122 First State Bank – Stuart
123 First State Bank – Sumner
124 First State Bank – Webster City
125 First State Bank of Colfax
126 Frist State Bank of Mapleton
127 First Trust and Savings Bank – Coralville
128 First Trust and Savings Bank – Marcus
129 First Trust and Savings Bank – Wheatland
130 First Trust and Savings Bank – Moville
131 First Whitney Bank and Trust – Atlantic
132 Freedom Financial Bank – West Des Moines
133 Freedom Security Bank – Coralville
134 FreedomBank – Elkader
135 Frontier Savings Bank – Council Bluffs
136 Garnavillo Savings Bank – Garnavillo
137 Gateway State Bank – Clinton
138 Genwood State Bank – Glenwood
139 Green Belt Bank and Trust – Iowa Falls
140 Frinnell State Bank – Grinnell
141 Grundy National Bank of Grundy Center
142 Hampton State Bank – Hampton
143 Hartwick State Bank
144 Heartland Bank – Somers
145 Heritage Bank – Marion
146 Hiawatha Bank and Trust
147 Hills Bank and Trust
148 Home State Bank – Jefferson
149 Home Trust and Savings Bank – Osage
150 Houghton State Bank – Red Oak
151 Independence Federal Bank for Savings – Independence
152 Interstate Federal Savings & Loan of McGregor
153 Iowa Bank – Bellevue
154 Iowa Falls State Bank – Iowa Falls
155 Iowa Prairie Bank – Brunsville
156 Iowa Savings Bank – Carroll
157 Iowa State Bank – Algona
158 Iowa State Bank – Clarksville
159 Iowa State Bank – Des Moines
160 Iowa State Bank – Hull
161 Iowa State Bank – Sac City
162 Iowa State Savings Bank – Creston
163 Iowa State Savings Bank – Knoxville
164 Iowa Trust and Savings Bank – Centerville
165 Iowa Trust and Savings Bank – Emmetsburg
166 ITS Bank – Johnston
167 Keokuk County State Bank – Sigourney
168 Kerndt Brothers Savings Bank – Lansing
169 Keystone Savings Bank – Keystone
170 Kingsley State Bank
171 Landmands Bank – Audubon
172 Laurens State Bank – Laurens
173 Lee County Bank and Trust N.A. – Fort Madison
174 Liberty Trust and Savings Bank – Durant
175 Libertyville Savings Bank – Fairfield
176 Lincoln Savings Bank – Cedar Falls
177 Linn County State Bank – Coggon
178 Malvern Trust and Savings Bank – Malvern
179 Manufacturers Bank and Trust – Forest City
180 Maquoketa State Bank
181 Marion County State Bank – Pella
182 Maxwell State Bank
183 Maynard Savings Bank
184 Mediapolis Savings Bank
185 Melvin Savings Bank – Melvin
186 MetaBank – Storm Lake
187 Midstates Bank N.A. – Council Bluffs
188 Midwest Heritage Bank F.S.B – West Des Moines
189 MidWestOne Bank – Iowa City
190 Montezuma State Bank
191 Moorhead State Bank
192 Moutn Vernon Bank And Trust
193 New Albin Savings Bank – Sumner
194 NorthStar Bank – Estherville
195 Northwestern Bank – Orange City
196 Northwoods State Bank – Mason City
197 Ohnward Bank & Trust – Cascade
198 Okey-Vernon First National Bank – Corning
199 Page Savings Bank – Palo
200 Palo Savings Bank
201 Panora State Bank
202 Peoples Bank – Rock Valley
203 Peoples Savings Bank – Crawfordsville
204 Peoples Savings Bank – Elma
205 Peoples Savings Bank – Montezuma
206 Peoples Savings Bank – Albia
207 Peoples Savings Bank – Wellsburg
208 Peoples State Bank – Winfield
209 Peoples Trust and Savings Bank – Riverside
210 Pilot Grove Savings Bank
211 Pinnacle Bank – Marshalltown
212 Pinnacle Bank Sioux City
213 Pioneer Bank – Sergeant Bluff
214 Pleasantville State Bank – Pleasantville
215 Pocahontas State Bank
216 Premier Bank – Rock Valley
217 PrimeBank – Le Mars
218 Principal Bank – Des Moines
219 Quad City Bank and Trust – Bettendorf
220 Randall-Story State Bank – Story City
221 Readlyn Savings Bank
222 Rolfe State Bank
223 Rolling Hills Bank & Trust – Atlantic
224 Rowley Savings Bank
225 Sanborn Savings Bank
226 Savings Bank – Primghar
227 Security National Bank of Sioux City
228 Security Savings Bank – Eagle Grove
229 Security Savings Bank – Gowrie
230 Security Savings Bank – Larchwood
231 Security State Bank – Algona
232 Security State Bank – Anamosa
233 Security State Bank – Guttenberg
234 Security State Bank – Hubbard
235 Security State Bank – Independence
236 Security State Bank – New Hampton
237 Security State Bank – Radcliffe
238 Security State Bank – Sutherland
239 Security State Bank – Waverly
240 Security Trust and Savings Bank – Storm Lake
241 Shelby County State Bank – Harlan
242 Sibley State Bank
243 Sloan State Bank
244 Solon State Bank
245 South Story Bank and Trust – Slater
246 Southeast National Bank – Davenport
247 State Bank – Spencer
248 State Bank – Spirit Lake
249 State Bank & Trust – Waverly
250 State Bank and Trust – Nevada
251 State Bank Ledyard
252 State Bank of Brooks – Corning
253 State Bank of Bussey
254 State Bank of Schaller
255 Sate Bank of Toledo
256 State Bank of Wapello
257 State Savings Bank – Creston
258 State Savings Bank – West Des Moines
259 Success Bank – Bloomfield
260 Swisher Trust and Savings Bank
261 Templeton Savings Bank
262 Titonka Savings Bank
263 Treynor State Bank
264 Tri-Valley Bank – Randolph
265 Union State Bank – Greenfield
266 Union State Bank – Rockwell City
267 Union State Bank – Winterset
268 United Bank & Trust N.A. – Marshalltown
269 United Bank and Trust – Hampton
270 United Bank of Iowa – Ida Grove
271 United Community Bank – Milford
272 Valley Bank & Trust – Mapleton
273 Valley Bank & Trust – Cherokee
274 Victor State Bank
275 Viking State Bank & Trust – Decorah
276 Walcott Trust and Savings Bank – Walcott
277 Walker State Bank
278 Washington State Bank
279 Watkins Savings Bank
280 Waukon State Bank
281 Wayland State Bank – Mount Pleasant
282 Webster City Federal Savings Bank
283 West Bank – West Des Moines
284 West Chester Savings Bank – Washington
285 West Iowa Bank – West Bend
286 Westside State Bank
287 White State Bank – South English

Disclaimer
The above bank information post was written as accurately as possible at the time of writing, but it cannot guarantee accuracy at the time of your reading.