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Palo Savings Bank
606 First Street
P.O. Box 20
Palo, IA 52324-0020

Phone: (319) 851-2241
Fax: (319) 851-2231

We will be closed Thursday, November 22nd for
Thanksgiving Day!


13 Month
2.17% APY
Interest Rate for balances $1,000-$19,999.99
2.27% APY 2.25% Interest Rate for balances $20,000-$99,999.99
2.37% APY 2.35% Interest Rate for balances >$100,000.00

36 Month
2.93% APY 2.90% Interest Rate for balances $1,000-$19,999.99
3.03% APY 3.00% Interest Rate for balances $20,000-$99,999.99
3.14% APY 3.10% Interest Rate for balances >$100,000.00

36 Month Trade A Rate
2.83% APY
2.80% Interest Rate for balances $1,000-$19,999.99
2.93% APY
2.90% Interest Rate for balances $20,000-$99,999.99
3.03% APY
3.03% Interest Rate for balances >$100,000.00

To See a full list of all the rates available click on the Rates tab to the left.
APY is the Annual Percentage Yield. Penalty for Early Withdrawal. Rates are subject to change at any time.


BIG NEWS! This year Palo Savings Bank is celebrating 110 years! To celebrate this milestone we are releasing a brand new logo! You'll start to see the new look here on our website, our Facebook page and soon it will be on all of our products, as well!

Click here to see progress pictures of our new bank being built!
Mobile Banking is HERE!
Apple and Androids apps are available for Internet Banking Customers. Go to your app store and search for Palo Savings Bank to download onto your devices.
Mobile Deposit is also available within the app!


The services you've come to know from your friendly, family-owned bank since 1908...

  • Short-term lending for your home, auto, business and agricultural needs
  • Long-term lending for residential and agricultural real estate
  • Checking and Savings plans to meet your individual and business needs

We're proud to serve our community. Stop in and see us today!

Expect More from Us ... We Do!!!  

Call Palo Savings Bank 319-851-2241 to report lost or stolen debit cards. To report lost or stolen debit cards during non-bank hours contact Shazam at (800)-383-8000.

When logging on Internet Banking we never ask for personal or account information. If you are directed to enter this information discontinue the login process and contact the Palo Savings Bank. If this occurs during login your computer maybe infected by malware.