Proudly Serving Midwesterners Since the 1930s

Iowa State Bank & Trust Company opened its doors for the first time on May 19, 1934, after a merger between Iowa State Savings Bank and the Iowa Loan and Trust Company. The merger was completed to create a stronger, unified bank during the Great Depression.

Since that time, Iowa State Bank & Trust Company has experienced significant growth, primarily in the Midwest. A new headquarters was constructed in Fairfield, Iowa, in 1996. In 2022, the bank opened its first branch in Ottumwa, Iowa. Throughout our history, Iowa State Bank & Trust Company has remained committed to the communities we serve. This commitment is evident in the multitude of projects and organizations we support across many sectors — including fine arts, housing, education, childcare, and economic development.

Today, Iowa State Bank & Trust Company has grown into an institution with more than $200 million in assets. We continue to be forward-looking, finding ways to innovate and better serve our customers through enhanced personal service, state-of-the-art technology, and sustainable business practices. 

Why Bank With Us?

Banking Locally Benefits Everyone!

We are locally owned and managed, which means decisions are made by people who understand the communities we serve and genuinely care about your needs. We are never too busy, or too self-important, to listen to you. Iowa State Bank's employees are also deeply involved in community organizations and events. Giving back is one of our core values. Your deposits in Iowa State Bank are reinvested in the community as business, farm, and residential loans, which help create jobs and strengthen our local economy.

Your Success is Our Success

At Iowa State Bank, we know that our success depends on the success of our customers. Our mission is to deliver financial solutions with every opportunity, so we take the time to get to know you and develop meaningful relationships. We make decisions based upon a person's character and qualifications, not just a credit score or algorithms (like many of the largest banks do). Our products and services are tailored to meet your specific needs. We offer all the benefits of modern banking technology, while having the pleasure of knowing our individual customers.

Clear Vision for the Future

We believe the world needs community banks that are large enough to serve a wide variety of people, but small enough to remain focused on our most important asset: our customers. Iowa State Bank is growing rapidly, but not at the expense of its values or core principles. Our vision for the future is a strong, modern bank which effectively delivers personalized financial services to all customers.