A Message From Our President/CEO

Most of us will agree that we have all been living with financial volatility since 2020. Many lessons have been learned over the past three years, not the least of which is: "Prepare for the unexpected." Two bank failures in one week certainly qualifies as unexpected. However, well-managed financial institutions like Iowa State Bank are prepared. To put it succinctly, these two unrelated bank failures were ultimately caused by a lack of liquidity. To ensure this could not happen to Iowa State Bank, we maintain a robust multi-year liquidity planning process. We also have access to a variety of tried-and-true sources of liquidity, and constantly stress-test our balance sheet to ensure we remain solvent in all scenarios. Finally, Iowa State Bank fully secures all public deposits, guarantying the safety of taxpayers' dollars.  

In addition to the FDIC insurance coverage we provide, I believe it's important for Iowa State Bank customers to know their funds are prudently safeguarded. Our management team has not exposed the institution to risks associated with cryptocurrencies or start-up companies. Our community bank's business model is simple by design. We hold deposits and lend those funds to consumers, farmers, and businesses located in the communities we serve. Now, as always, we believe this is the safest and soundest way to run a bank. We take pride in building long-term trust with our customers. Your success is our success, and we will not put either in jeopardy.

- Aaron Kness, President/CEO               


Your deposits in Iowa State Bank & Trust Co. are FDIC insured up to $250,000 per depositor. To learn more, visit the FDIC Insured Deposits Brochure.

The FDIC's Electronic Deposit Insurance Estimator (EDIE) may be used to calculate the insurance coverage of all your deposit accounts in Iowa State Bank & Trust Co.