Volume 12 | May 2, 2023


At Fairfax State Savings Bank, we understand that we're not just a financial institution - we're a part of the community. That's why it's so important to us to give back and support the area we serve through charitable contributions and community involvement. We believe that investing in the community is an investment in our own success, because when our community thrives, we all thrive. By supporting local organizations and initiatives, we can help create a better, stronger, and more vibrant community for everyone. Whether it's through volunteering, sponsorships, or donations, we're committed to doing our part to make Fairfax and the surrounding area the best it can be.


Image of Elaina Kempin

In this video Assistant Vice President of Marketing, Elaina Kempin discusses the ways Fairfax State Savings Bank gives back to our community and how bank leadership chooses what activities and causes to become involved with.

The bank made over $105,000 in donations in 2022. In addition to the bank's generosity, the former President, David C. Neuhaus, was well-known for his philanthropy. The David C. Neuhaus Family Foundation has recently donated and continues to donate significant amounts to The Cedar Rapids Mercy Medical Foundation in support of the new Mercy Hallmar Center.


Conservative Investing and Lending at FSSB

You may have seen in certain factions of the banking industry facing challenges and difficulties in the news recently. Coverage of events happening on the east and west coast can sometimes, make it seem difficult to know who to trust with your finances. However, here at Fairfax State Savings Bank, we want to assure our customers that our conservative banking practices, combined with nearly 100 years of experience, expertise and success, have helped us weather the storms of the industry. Our focus on community banking means that we prioritize our customers' needs and interests over profits or risky investments. Our commitment to sound financial management and ethical business practices has allowed us to maintain our customers' trust, and we're proud to continue serving the Fairfax community for many years to come.

President and CEO, Patrick Slater and Senior Vice President John Huiskamp explain how the approach to investing at Fairfax State Savings Bank keeps your money safe at our bank.

Fairfax State Savings Bank President & CEO Patrick Slater and Senior Vice President John Huiskamp


4.12% APY* - Term: 13 months

(Interest rate 4.08%)

4.25% APY* - Term: 31 months

(Interest rate 4.21%)

4.37% APY* - Term: 61 months

(Interest rate 4.33%)

5.00% APY* - Term: 7 months

(Interest rate 4.93%)

Visit our website for Rates for Deposit Accounts, Retirement Accounts and CDs

Things You Should Know — $1,000 minimum opening deposit.

*APY is Annual Percentage Yield. $1,000.00 minimum deposit to open. Limited to residents of Benton, Johnson, Linn and Iowa counties in Iowa. APY is accurate as of 5/1/2023. Early withdrawal penalties may apply. Limited time offer subject to change at any time. Available to both new and existing customers.

To open a CD, visit or call one of our three locations.

Fairfax State Savings Bank

409 Vanderbilt St.

Fairfax, IA 52228


4304 220th Trail

Amana, IA 52203


211 3rd Ave SW

Cedar Rapids, IA 52404

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Bankhaus and Kingston are Divisions of Fairfax State Savings Bank.