Community Bank (nevadacb.com in Iowa) Rates & Review

Community Bank Review (nevadacb.com in Iowa)

Iowa's Community Bank provides personal and agricultural banking services from its two locations in west central Iowa.

Founded in 1996, Community Bank takes pride in assisting Iowa consumers, farmers, and local businesses with savings, loans, investments, personal banking, and agricultural banking. The bank has two locations, in the cities of Nevada and Holstein, Iowa. Community Bank is an Equal Housing Lender and a member FDIC. Deposits are insured to $250,000 per depositor.

Savings and checking account options

Community Bank checking account options include interest checking, free checking with home ownership, and basic checking with no minimum account balance requirement. Savings account plans include passbook savings, a minor child savings plan, and a money market account with checking and tiered interest rates.

Related services include an "Anytime Teller" and a "Shazam" check card. Community Bank offers time deposits (CDs) with terms from six months to five years with a minimum investment of $1,000 as of 2010.

Agricultural and business banking

Agricultural lending plans include farm equipment loans, SBA and FSA loans, and home equity loans that can be used for land purchase. Home mortgages are also provided by Community Bank.