Volume 09 | September 30, 2022

WE'RE ON YOUR SIDE

Our Success Grows Through Helping Customers Succeed


At Fairfax State Savings Bank we understand the value of relationships. We practice relationship banking and believe that our success increases when we help our our customers become successful. Our customers can turn to the bank when you need financing for personal, commercial or agricultural lending.


Our experienced lenders work to find answers results for you, our valued customers. Whether you need to purchase a home, new vehicle or need additional financing for other needs, Fairfax State Savings Bank’s lending team is here to help. 

AUTO LOANS THAT EMPOWER OUR CUSTOMERS

Image of John Slater interview on car loans

When considering a car loan, you generally have two options: dealership financing department or a loan from the bank. In most cases, a car loan from a bank is a better option*. In this month's video we talk to Vice President John Slater about how Fairfax State Savings Bank works to help customers make better car buying decisions with less pressure at the dealership.

YOUR FINANCES

CDs Are a Good Choice Right Now

Image of Fairfax State Savings Bank President and CEO Patrick Slater

We are currently seeing some of the highest Certificate of Deposit (CD) rates of the past decade, which makes now an optimal time to open one. CDs are smart investments during times of uncertainty; they are insured by the FDIC and viewed as a much safer form of investment compared to stocks and bonds where you might lose a portion of your principal. 

Fairfax State Savings Bank President and CEO, Patrick Slater explains why the versatility of CDs are a good idea for investors right now.

CURRENT CD SPECIALS

3.00% APY* - Term: 13 months

(Interest rate 2.98%)

3.50% APY* - Term: 31 months

(Interest rate 3.47%)

3.75% APY* - Term: 61 months

(Interest rate 3.72%)


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 9/23/2022. 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

Bankhaus

4304 220th Trail

Amana, IA 52203

Kingston

211 3rd Ave SW

Cedar Rapids, IA 52404

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Bankhaus and Kingston are Divisions of Fairfax State Savings Bank.