What are the current interest rates at First Bank Waverly, IA?

Current rates for First Bank Waverly, IA include: 12-Month CD: 3.75%, 24-Month CD: 3.60%, 48-Month CD: 3.35%, Savings: 0.10%, MMA: 0.10%

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First Bank Waverly, IA

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First Bank Waverly, IA Rates & Review September 2026

Q: How many branches does First Bank Waverly, IA operate?

First Bank Waverly, IA currently maintains approximately 8 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, First Bank Waverly, IA does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, First Bank Waverly, IA provides members with tools to manage their accounts and build a solid financial history.

Q: Does First Bank Waverly, IA offer online and mobile banking?

Most modern institutions like First Bank Waverly, IA provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.firstiowa.bank/.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 6, 2026

First Bank Waverly, IA's 8-Month Certificate Special rates are at 4.11%, 14-Month Certificate Special rates are at 4.00%, 12-Months 12-Month Certificate rates are at 3.75%, 24-Months 24-Month Certificate rates are at 3.60%, 48-Months 48-Month Certificate rates are at 3.35%. First Bank Waverly, IA's savings rates are at 0.10%. First Bank Waverly, IA's money market rates are at 0.10%. MonitorBankRates evaluates the financial stability of First Bank Waverly, IA with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 3.43%. Rates last updated and verified on 09/06/2026.

First Bank Waverly, IA money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at First Bank Waverly, IA? Share your experience about First Bank Waverly, IA by leaving a review below, or read customer reviews before you decide to use First Bank Waverly, IA.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 98/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

3.43%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

First Bank

316 E Bremer Ave
Waverly, IA 50677

https://www.firstiowa.bank/

First Bank Waverly, IA CD Rates

Product	Rate	APY	Term
8 Month Certificate Special	4.06%	4.11%	8 Month
Min Deposit $5,000 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
14 Month Certificate Special	3.96%	4.00%	14 Month
Min Deposit $5,000 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
12 Month Certificate	3.72%	3.75%	12 Months
Min Deposit $5,000 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
24 Month Certificate	3.57%	3.60%	24 Months
Min Deposit $5,000 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
48 Month Certificate	3.32%	3.35%	48 Months
Min Deposit $2,500 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%

First Bank Waverly, IA Savings Rates

Product	Rate	APY
Grow With Me Savings	1.00%	1.00%
No additional details. Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Holiday Savings	1.00%	1.00%
Details ** Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Health Savings Account	0.80%	0.80%
Min Balance $15,000 Details Balance: $15,000.00 and Above Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Health Savings Account	0.50%	0.50%
Min Balance $2,501 Details Balance: $2,501.00-$14,999.99 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Health Savings Account	0.20%	0.20%
Min Balance $1,001 Details Balance: $1,001.00-$2,500.99 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Health Savings Account	0.15%	0.15%
Min Balance $501 Details Balance: $501.00-$1,000.99 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Statement Savings	0.15%	0.15%
No additional details. Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Health Savings Account	0.10%	0.10%
Min Balance $0 Details Balance: <$500.99 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%

First Bank Waverly, IA Money Market Rates

Product	Rate	APY
Money Market	3.00%	3.04%
Min Balance $0 Details Qualifications Required: If qualifications are not met, the interest rate will be 0.01% (0.01% APY) on entire balance and ATM fees will not be credited to your account.; Rate of 3.00% (3.04% APY). Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Money Market	1.74%	1.75%
Min Balance $250,000 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Money Market	1.09%	1.10%
Min Balance $100,000 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Money Market	0.50%	0.50%
Min Balance $25,000 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Money Market	0.30%	0.30%
Min Balance $5,000 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Money Market	0.15%	0.15%
Min Balance $0 Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%
Money Market	0.10%	0.10%
Min Balance $20,000 Details Qualifications Required: If qualifications are not met, the interest rate will be 0.01% (0.01% APY) on entire balance and ATM fees will not be credited to your account.; Rate of 0.1% (0.1% APY). Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%

First Bank Waverly, IA Checking Rates

Product	Rate	APY	View More
First Checking	0.10%	0.10%
No additional details. Last Updated 09/06/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 3.43%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

First Bank Waverly, IA’s Texas Ratio rose from 2.66% in Q3 2023 to 3.43% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the amber line marks the 15% level a bank must stay under to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy threshold

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$740M	3.43%	5.0	A+
March 31, 2026	$748M	3.57%	5.0	A+
December 31, 2025	$730M	3.86%	5.0	A+
September 30, 2025	$735M	5.00%	5.0	A+
June 30, 2025	$727M	3.58%	5.0	A+
March 31, 2025	$748M	0.90%	5.0	A+
December 31, 2024	$735M	0.67%	5.0	A+
September 30, 2024	$732M	0.47%	5.0	A+
June 30, 2024	$716M	1.75%	5.0	A+
March 31, 2024	$713M	1.88%	5.0	A+
December 31, 2023	$711M	1.99%	5.0	A+
September 30, 2023	$700M	2.66%	5.0	A+

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for First Bank Waverly, IA is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather First Bank Waverly, IA rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with First Bank Waverly, IA's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name First Bank Waverly, IA

Bank Holding Company FIRST OF WAVERLY CORP

Address 316 E Bremer Ave, Waverly, IA 50677 · Bremer

Website https://www.firstiowa.bank/

FDIC Certificate # 4519

Established 18640101

FDIC Insurance Date 19340101

Domestic Offices 8

Total Branches 8

Regulator FED

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 98/100

5.0

Exceptional Out of 5.0 Stars

3.43%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.5368%

Return on Equity (ROE) 12.1100%

Non-Performing Loans (NPL) 0.41%

Total Assets $739,902,000

Total Deposits $619,771,000

Equity Capital $96,568,000

Net Income $5,679,000

Headquarters Waverly

Total Branches and Offices 8

Source: FDIC | Last Updated 06/30/2026

2026 MBR Health & Safety Badge

First Bank Waverly, IA earned the Verified Healthy badge

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Frequently Asked Questions About First Bank Waverly, IA

How many branches does First Bank Waverly, IA operate?

First Bank Waverly, IA currently maintains approximately 8 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, First Bank Waverly, IA does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, First Bank Waverly, IA provides members with tools to manage their accounts and build a solid financial history.

Does First Bank Waverly, IA offer online and mobile banking?

Most modern institutions like First Bank Waverly, IA provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.firstiowa.bank/.