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Compare Principal Bank CD Rates and Savings Accounts to MoneyAisle

  • About Principal Bank:
    Principal Bank, headquartered in Des Moines, IA (Polk County is the county it's located in) is, if you are ranking by asset size, the 293rd largest bank in the United States. On a statewide level, Principal Bank is the 5th largest bank in IA.
  • Principal Bank (as of 3/31/2009) has a total of 2 branches and is home to 127 full-time employees.
  • Principal Bank was established on 2/12/1998.
  • Principal Bank has a net operating income of $704,000 and total assets in the amount of $2.4 Billion.
  • Principal Bank is just one of the many FDIC-insured banks in the U.S. If you are looking for the best CD Rates, having many banks compete against each other is one of the best ways to find great rates. Try it now: Compare Principal Bank to MoneyAisle's Live Auction CD rates.

Principal Bank - Fast Facts

  • Bank Legal Name: Principal Bank
  • FDIC #: 34507
  • Headquarters: Des Moines, IA
  • Date Established: February 12, 1998

Principal Bank - Financials

Q4-08 Q1-09 Change
Rank in US by Asset Size 293 293 0
Total Assets $2,327 M $2,365 M $38 M
Cash & Balances Due from Depository Institution $188 M $209 M $21 M
Total Deposits $2,143 M $2,179 M $36 M
Total Liabilities $2,150 M $2,186 M $36 M
Net Operating Income $16 M $704 K $15 M
Net Interest Income $48 M $13 M $35 M
Branches 2 2 0
Employees 129 127 2

Data from FDIC as of 12/31/2008 and 3/31/2009

Recent National Live Auction CD Rates
for March 20, 2010

Term National Avg APY* Overnight
Auction APY
High-Yield Savings Account Rates 0.20% 1.50%
3 Month CD Rates 0.29% 1.01%
9 Month CD Rates 0.69% 1.26%
1 Year CD Rates 0.69% 1.70%
2 Year CD Rates 1.16% 2.06%

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*Source: TheStreet.com

†Overnight Auction APY is a sample rate for a nightly auction for a $50,000 deposit.

* Annual Percentage Yield ("APY")