Banks in Montrose, IA

Bank branch map: Montrose

Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.

Short answer: 2 banks and credit unions operate 2 locations in Montrose, according to the FDIC and the NCUA. 1 of them has coordinates on record and is on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.

Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.

All banks and credit unions in Montrose

Sorted by number of local branches. Each branch shows where its hours and phone number come from.

Short answer: Connection Bank is the only bank with an office in Montrose. Open any bank to see each address, today's hours where the bank publishes them and the phone number.

Connection Bank 1 branch · main office Fort Madison, IA Bank · 1

Connection Bank has 1 branch in Montrose, 5 across Iowa and 5 nationwide. FDIC records list its main office in Fort Madison, IA and show it operating since 1854. With $540.9 million in total assets on June 30, 2026, it ranks No. 1,701 of 4,232 U.S. banks by total assets. The Montrose Branch at 121 S 1st St dates to 1952 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Montrose Branch

  121 S 1st St, 52639

  Hours: see the bank's site
  DirectionsWebsite

Connection Bank: profile, branches and contacts

Fox Valley Credit Union 1 office · main office Aurora, IL Credit union · 1

Fox Valley Credit Union has 1 office in Montrose, 1 across Iowa. It is based in Aurora, IL and $46.6 million in assets on March 31, 2026, according to its NCUA call report. It does not publish hours in the sources this page uses; check its site before you go.

Who can join: see the credit union's site.

• Fvcu: Iowa Dial Office

  2495 208Th St., 52639

  (319) 463-5040Hours as filed: varies, based on plant accessibility

Fox Valley Credit Union: profile, branches and contacts

Join a credit union in Montrose

1 credit union has 1 office here: Fox Valley Credit Union. Each office is listed above with the phone it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Montrose page has every office in the state's directory.

Banking in Montrose: the local picture

Short answer: 1 bank runs 1 branch in Montrose according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.

Connection Bank has its main office in Fort Madison, IA, according to the FDIC.

The bank with the longest record here is Connection Bank, operating since 1854 according to the FDIC.

The only credit union with an office here is Fox Valley Credit Union.

None of the 2 locations here publishes hours in the sources this page uses. Each branch links to the bank's own site.

Chase, Bank of America and other national banks

Which big national banks have branches in Montrose, and where the nearest one is if they do not.

Short answer: No branches in Montrose: Chase (nearest in Iowa City, 78 mi), Wells Fargo (nearest in Ottumwa, 62 mi), Bank of America (nearest in Des Moines, 133 mi), PNC Bank, U.S. Bank (nearest in Burlington, 23 mi), Truist, Fifth Third Bank, Huntington, Regions Bank (nearest in Urbandale, 142 mi), TD Bank, BMO (nearest in Bloomfield, 55 mi).

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Montrose to the nearest branch in Iowa.

What your savings could earn

National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.

Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.

Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Montrose residents like anyone else.

Banks near Montrose

Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.

Short answer: The closest towns with more choice are Fort Madison (8 miles) and Keokuk (9 miles). Burlington, 24 miles away, has the most banks nearby: 9.

Bank branch openings and closings in Montrose

FDIC branch records, between September 5, 2025 and September 5, 2026.

Short answer: FDIC branch records show no bank branch openings in Montrose between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Largest banks in Montrose by total assets

Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Montrose offices.

Short answer: Connection Bank is the largest bank with offices in Montrose, with $540.9 million in total assets on June 30, 2026, No. 1,701 among U.S. banks by total assets. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.

Banks in Montrose: FAQ

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.