Banks in Traer, IA

Bank branch map: Traer

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: 3 banks and credit unions operate 3 locations in Traer, according to the FDIC and the NCUA. 3 of them have coordinates on record and are on the map. 1 publish opening hours.

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 Traer

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

Short answer: Farmers Savings Bank & Trust and Chelsea Savings Bank have the most locations in Traer, with 1 each. 2 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.

Chelsea Savings Bank 1 branch · main office Belle Plaine, IA Bank · 1

Chelsea Savings Bank has 1 branch in Traer, 5 across Iowa and 5 nationwide. FDIC records list its main office in Belle Plaine, IA and show it operating since 1936. With $196.9 million in total assets on June 30, 2026, it ranks No. 3,011 of 4,232 U.S. banks by total assets. The Chelsea Savings Bank - Traer at 100 N Main St dates to 2010 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Chelsea Savings Bank - Traer

  100 N Main St, 50675

  Hours: see the bank's site
  DirectionsWebsite

Chelsea Savings Bank: profile, branches and contacts

Farmers Savings Bank & Trust 1 branch · main office Traer, IA Bank · 1

Farmers Savings Bank & Trust has 1 branch in Traer, 2 across Iowa and 2 nationwide. FDIC records list its main office in Traer, IA and show it operating since 1915. With $212.7 million in total assets on June 30, 2026, it ranks No. 2,911 of 4,232 U.S. banks by total assets. Its main office at 611 2nd St dates to 1915 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Main Office main office

  611 2nd St, 50675

  Hours: see the bank's site
  DirectionsWebsite

Farmers Savings Bank & Trust: profile, branches and contacts

Members1st Community Credit Union 1 office · main office Marshalltown, IA Credit union · 1

Members1st Community Credit Union has 1 office in Traer, 8 across Iowa. It is based in Marshalltown, IA and $307.5 million in assets on March 31, 2026, according to its NCUA call report. Its published hours do not list Saturday.

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

• Traer Branch

  503 2Nd St, 50675

  (319) 478-8044Today 8 am to 5 pm

  All hours

  Mon to Fri 8 am to 5 pm; Sat to Sun not published

  Hours: NCUA, March 31, 2026

  Directions

Members1st Community Credit Union: profile, branches and contacts

Join a credit union in Traer

1 credit union has 1 office here: Members1st Community Credit Union. Each office is listed above with the phone and the hours 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 Traer page has every office in the state's directory.

Banking in Traer: the local picture

Short answer: 2 banks run 2 branches in Traer according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.

Of the 2 banks, 1 has its main office in Traer, 1 elsewhere in Iowa, according to the FDIC.

The bank with the longest record here is Farmers Savings Bank & Trust, operating since 1915 according to the FDIC. In FDIC branch records, the longest-running branch is Farmers Savings Bank & Trust's office at 611 2nd St, dating to 1915; the newest is Chelsea Savings Bank's at 100 N Main St, from 2010.

The only credit union with an office here is Members1st Community Credit Union.

Of the 1 location with published hours. None open on Saturday. 2 locations have no published hours in these sources.

Saturday hours in Traer

Short answer: None of the 1 Traer location with published hours lists Saturday hours. 2 locations do not publish hours in these sources; call ahead.

Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 2 of the 3 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.

Chase, Bank of America and other national banks

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

Short answer: No branches in Traer: Chase (nearest in Cedar Rapids, 42 mi), Wells Fargo (nearest in Waterloo, 20 mi), Bank of America (nearest in Des Moines, 74 mi), PNC Bank, U.S. Bank (nearest in Waterloo, 20 mi), Truist, Fifth Third Bank, Huntington, Regions Bank (nearest in Waterloo, 20 mi), TD Bank, BMO (nearest in Cedar Rapids, 41 mi).

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Traer 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 Traer residents like anyone else.

Banks near Traer

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

Short answer: The closest towns with more choice are Dysart (8 miles) and Tama (17 miles). Cedar Falls, 23 miles away, has the most banks nearby: 12.

Bank branch openings and closings in Traer

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

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

Banks and credit unions based in Traer

Short answer: 1 institution has its main office in Traer: Farmers Savings Bank & Trust.

Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.

Largest banks in Traer by total assets

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

Short answer: Farmers Savings Bank & Trust is the largest bank with offices in Traer, with $212.7 million in total assets on June 30, 2026, No. 2,911 among U.S. banks by total assets. Chelsea Savings Bank is second with $196.9 million. 1 of the 2 bank is headquartered here. 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 Traer: FAQ

How we build this page

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