HEADQUARTERED IN IOWA
Iowa banks and credit unions
293 institutions headquartered in Iowa. Totals describe institutions by headquarters, not deposits held at branches in the state.
Iowa banks
- 227 banks headquartered in Iowa reported $128 billion in combined total assets for the quarter ended June 30, 2026.
- Their combined deposits were $107 billion, up 6.3% from a year earlier among institutions that reported both quarters.
- The median net interest margin was 3.71%, and the median cost of all deposits was 1.87%.
- Institutions
- 227
- Combined total assets
- $128 billion
- Combined deposits
- $107 billion
- Deposit growth, 12 months
- +6.3%
- Loan growth, 12 months
- +5.4%
- Median net interest margin
- 3.71%
- Median return on assets
- 1.41%
- Median cost of deposits
- 1.87%
What stands out
- Heritage BankLending absorbing more of the deposit base as cash falls
- Its BankReturn on assets rising faster than peers
- Liberty National BankDeposits migrating from operating accounts to CDs
- Tri-Valley BankUnrealized securities position improving faster than peers
- American Trust & Savings BankProblem loans rising while the peer median holds steady
- State Savings BankNoninterest-bearing deposit share rising while the peer median falls
- Peoples Savings BankNet charge-offs falling while the peer median holds steady
- Capra BankBorrowed funding rising while the peer median holds steady
Largest banks
| Institution | City | Total assets | Deposit growth | ROA |
|---|---|---|---|---|
| Principal Bank | Des Moines | $9.8 billion | +10.5% | 1.66% |
| Bankers Trust Company | Des Moines | $7.8 billion | +19.3% | 1.10% |
| Hills Bank and Trust Company | Hills | $4.8 billion | +5.7% | 2.26% |
| West Bank | West Des Moines | $4.0 billion | -1.3% | 1.23% |
| Northwest Bank | Spencer | $3.0 billion | +5.5% | 1.45% |
| Cedar Rapids Bank and Trust Company | Cedar Rapids | $2.9 billion | +10.1% | 3.01% |
| Quad City Bank and Trust Company | Bettendorf | $2.8 billion | +3.6% | 1.61% |
| Fidelity Bank & Trust | Dubuque | $2.6 billion | +23.4% | 1.29% |
| United Bank of Iowa | Ida Grove | $2.5 billion | +3.8% | 1.33% |
| Bank Iowa | West Des Moines | $2.3 billion | +8.7% | 1.37% |
| Luana Savings Bank | Luana | $2.3 billion | +11.0% | 0.96% |
| Central Bank | Storm Lake | $2.3 billion | +3.2% | 1.08% |
| First Citizens Bank | Mason City | $1.8 billion | -3.0% | 2.27% |
| Community State Bank | Ankeny | $1.7 billion | -0.7% | 1.35% |
| Availa Bank | Carroll | $1.7 billion | +4.4% | 0.96% |
Rankings
- Largest banks in Iowa
- Fastest deposits growth in Iowa
- Fastest loan growth in Iowa
- Highest return on assets in Iowa
All 227 banks headquartered in Iowa
- American Bank and Trust Company N.A. Davenport
- American Bank N.A. Le Mars
- American State Bank Osceola
- American State Bank Sioux Center
- American Trust & Savings Bank Lowden
- Ashton State Bank Ashton
- Atkins Savings Bank & Trust Atkins
- Audubon State Bank Audubon
- Availa Bank Carroll
- Bank Wapello
- Bank 1st West Union
- Bank Iowa West Des Moines
- Bank Midwest Spirit Lake
- Bank Plus Estherville
- Bankers Trust Company Des Moines
- Bankiowa Cedar Rapids
- Bellevue State Bank Bellevue
- Benton County State Bank Blairstown
- Blue Grass Savings Bank Blue Grass
- Boone Bank & Trust Co. Boone
- Breda Savings Bank Breda
- Bridge Community Bank Mount Vernon
- Capra Bank Dubuque
- Cbi Bank & Trust Muscatine
- Cedar Rapids Bank and Trust Company Cedar Rapids
- Cedar Valley Bank & Trust La Porte City
- Central Bank Storm Lake
- Central State Bank State Center
- Central State Bank Coralville
- Charter Bank Johnston
- Chelsea Savings Bank Belle Plaine
- Cherokee State Bank Cherokee
- Citizens First Bank Clinton
- Citizens First National Bank Storm Lake
- Citizens Savings Bank Marshalltown
- Citizens Savings Bank Spillville
- Citizens Savings Bank Anamosa
- Citizens State Bank Monticello
- Citizens State Bank Wyoming
- Citizens State Bank Sheldon
- City State Bank Norwalk
- Clear Lake Bank and Trust Company Clear Lake
- Commercial Savings Bank Carroll
- Community Bank Dunlap
- Community Bank & Trust Company Muscatine
- Community Bank of Oelwein Oelwein
- Community Savings Bank Edgewood
- Community State Bank Ankeny
- Community State Bank Spencer
- Community State Bank Paton
- Connection Bank Fort Madison
- Cornerstone Bank Clarinda
- Corydon State Bank Corydon
- Crawford County Trust and Savings Bank Denison
- Cusb Bank Cresco
- Danville State Savings Bank New London
- Decorah Bank and Trust Company Decorah
- Defiance State Bank Defiance
- Denver Savings Bank Denver
- Dewitt Bank & Trust Co. Dewitt
- Dysart State Bank Dysart
- Earlham Savings Bank West Des Moines
- Exchange State Bank Ames
- Fairfax State Savings Bank Fairfax
- Farmers & Merchants Bank & Trust Burlington
- Farmers & Merchants Savings Bank Iowa City
- Farmers & Merchants Savings Bank Manchester
- Farmers & Merchants State Bank Winterset
- Farmers Savings Bank Wever
- Farmers Savings Bank Fostoria
- Farmers Savings Bank Marshalltown
- Farmers Savings Bank Colesburg
- Farmers Savings Bank & Trust Traer
- Farmers State Bank Marion
- Farmers State Bank Algona
- Farmers State Bank Yale
- Farmers State Bank Northwood
- Farmers State Bank Lake View
- Farmers State Bank Waterloo
- Farmers State Bank Marcus
- Farmers Trust & Savings Bank Earling
- Farmers Trust & Savings Bank Buffalo Center
- Farmers Trust and Savings Bank Williamsburg
- Farmers Trust and Savings Bank Spencer
- Federation Bank Washington
- Fidelity Bank & Trust Dubuque
- First Bank Waverly
- First Bank Hampton Hampton
- First Central State Bank Dewitt
- First Citizens Bank Mason City
- First Community Bank Newell
- First Community Trust N.A. Dubuque
- First Heritage Bank Shenandoah
- First Iowa State Bank Albia
- First National Bank Ames, Iowa Ames
- First Security Bank Mapleton
- First Security Bank and Trust Company Charles City
- First Security State Bank Evansdale
- First State Bank Britt
- First State Bank Stuart
- First State Bank Nashua
- First State Bank Webster City
- First State Bank Lynnville
- First State Bank Belmond
- First Trust and Savings Bank Wheatland
- First Whitney Bank and Trust Atlantic
- Fnb Bank Fontanelle
- Fnnb Bank Newton
- Freedom Financial Bank West Des Moines
- Freedombank Elkader
- Glenwood State Bank Glenwood
- Gnb Bank Grundy Center
- Green Belt Bank & Trust Iowa Falls
- Grinnell State Bank Grinnell
- Guthrie County State Bank Panora
- Hardin County Savings Bank Eldora
- Heartland Bank Somers
- Heritage Bank Cedar Rapids
- Hiawatha Bank & Trust Company Hiawatha
- Hills Bank and Trust Company Hills
- Home State Bank Jefferson
- Houghton State Bank Red Oak
- Iowa Falls State Bank Iowa Falls
- Iowa State Bank Sac City
- Iowa State Bank Des Moines
- Iowa State Bank Algona
- Iowa State Bank Clarksville
- Iowa State Bank Hull
- Iowa State Bank and Trust Company Fairfield
- Iowa State Savings Bank Creston
- Iowa Trust & Savings Bank Emmetsburg
- Iowa Trust and Savings Bank Centerville
- Its Bank Johnston
- Kerndt Brothers Savings Bank Lansing
- Keystone Savings Bank Marengo
- Leighton State Bank Pella
- Liberty National Bank Sioux City
- Liberty Trust & Savings Bank Durant
- Libertyville Savings Bank Fairfield
- Lincoln Savings Bank Reinbeck
- Logan State Bank Logan
- Luana Savings Bank Luana
- Malvern Bank Malvern
- Manufacturers Bank & Trust Company Forest City
- Maquoketa State Bank Maquoketa
- Marion County State Bank Pella
- Maxwell State Bank Maxwell
- Maynard Savings Bank Maynard
- Mediapolis Savings Bank Mediapolis
- Midstates Bank N.A. Council Bluffs
- Midwest Heritage Bank FSB West Des Moines
- Montezuma State Bank Montezuma
- Mount Vernon Bank and Trust Company Mount Vernon
- New Albin Savings Bank New Albin
- Northeast Security Bank Sumner
- Northstar Bank Estherville
- Northwest Bank Spencer
- Nsb Bank Mason City
- Ohnward Bank & Trust Cascade
- Palo Savings Bank Palo
- Pcsb Bank Clarinda
- Peoples Bank Clive
- Peoples Bank Rock Valley
- Peoples Savings Bank Wellsburg
- Peoples Savings Bank Indianola
- Pilot Grove Savings Bank Pilot Grove
- Pinnacle Bank Marshalltown
- Pioneer Bank Sergeant Bluff
- Pocahontas State Bank Pocahontas
- Premier Bank Rock Valley
- Premier Bank Dubuque
- Primebank Le Mars
- Principal Bank Des Moines
- Quad City Bank and Trust Company Bettendorf
- Raccoon Valley Bank Perry
- Reliance State Bank Story City
- Rolling Hills Bank & Trust Atlantic
- Sanborn Savings Bank Sanborn
- Savings Bank Primghar
- Security Savings Bank Gowrie
- Security State Bank Sutherland
- Security State Bank Radcliffe
- Security State Bank Algona
- Security Trust & Savings Bank Storm Lake
- Shelby County State Bank Harlan
- Sibley State Bank Sibley
- Sloan State Bank Sloan
- Solon State Bank Solon
- South Ottumwa Savings Bank Ottumwa
- South Story Bank & Trust Slater
- St. Ansgar State Bank Saint Ansgar
- State Bank Spencer
- State Bank & Trust Co. Nevada
- State Bank of Schaller Schaller
- State Central Bank Bonaparte
- State Savings Bank West Des Moines
- State Savings Bank Bedford
- Success Bank Bloomfield
- Templeton Savings Bank Templeton
- The Clinton National Bank Clinton
- The Exchange State Bank Springville
- The First National Bank of Manning Manning
- The First National Bank of Primghar Primghar
- The Home Trust & Savings Bank Osage
- The Readlyn Savings Bank Readlyn
- The Security National Bank of Sioux City, Iowa Sioux City
- The State Bank Spirit Lake
- The State Bank of Toledo Toledo
- The Watkins Savings Bank Watkins
- Tri-Valley Bank Randolph
- Trubank Indianola
- Ts Bank Treynor
- Twin Cedars Bank Bussey
- Union State Bank Winterset
- Union State Bank Greenfield
- United Bank & Trust Co. Marshalltown
- United Bank and Trust Company Hampton
- United Bank of Iowa Ida Grove
- United Community Bank Milford
- Visionbank of Iowa Ames
- Washington State Bank Washington
- Waukon State Bank Waukon
- Wcf Financial Bank Webster City
- West Bank West Des Moines
- West Iowa Bank West Bend
- Westside State Bank Westside
- White State Bank South English
Iowa credit unions
- 66 credit unions headquartered in Iowa reported $35.4 billion in combined total assets for the quarter ended June 30, 2026.
- Their combined shares and deposits were $29.5 billion, up 5.6% from a year earlier among institutions that reported both quarters.
- The median net interest margin was 3.94%, and the median cost of all shares and deposits was 1.37%.
- Institutions
- 66
- Combined total assets
- $35.4 billion
- Combined shares and deposits
- $29.5 billion
- Share and deposit growth, 12 months
- +5.6%
- Loan growth, 12 months
- +4.7%
- Median net interest margin
- 3.94%
- Median return on assets
- 1.08%
- Median cost of shares and deposits
- 1.37%
What stands out
- Greenstate Credit UnionDelinquent loans falling while the peer median rises
- Iowa Heartland Credit UnionMargin squeezed by funding costs
- Cent Credit UnionReliance on share certificates falling while the peer median rises
- Community 1st Credit UnionNet charge-offs rising while the peer median holds steady
- St. Athanasius Credit UnionLending absorbing more of the share base as cash falls
- Advantage Credit UnionNet charge-offs rising while the peer median falls
- Employees Credit UnionShare and deposit costs among the highest of similar credit unions
- Collins Community Credit UnionEfficiency ratio rising while the peer median falls
Largest credit unions
| Institution | City | Total assets | Share growth | ROA |
|---|---|---|---|---|
| Greenstate Credit Union | North Liberty | $10.9 billion | +2.4% | 0.47% |
| Veridian Credit Union | Waterloo | $9.2 billion | +13.3% | 1.72% |
| Dupaco Community Credit Union | Dubuque | $3.5 billion | +3.1% | 1.49% |
| Collins Community Credit Union | Cedar Rapids | $1.5 billion | -1.5% | -0.44% |
| Dutrac Community Credit Union | Dubuque | $1.3 billion | +5.0% | 1.06% |
| Community 1st Credit Union | Ottumwa | $1.1 billion | +5.0% | 0.29% |
| Community Choice Credit Union | Johnston | $923 million | +5.6% | 1.65% |
| Corda Credit Union | Cedar Rapids | $776 million | +6.2% | 0.82% |
| Greater Iowa Credit Union | Ames | $715 million | +3.2% | 1.08% |
| Ascentra Credit Union | Bettendorf | $596 million | +3.8% | 0.56% |
| Premier Credit Union | Des Moines | $383 million | +14.5% | 0.54% |
| Members1st Community Credit Union | Marshalltown | $311 million | +7.0% | 0.84% |
| Citizens Community Credit Union | Fort Dodge | $254 million | +4.2% | 1.64% |
| The Family Credit Union | Davenport | $253 million | -2.9% | 1.19% |
| Cedar Falls Community Credit Union | Cedar Falls | $252 million | +13.4% | 1.10% |
Rankings
- Largest credit unions in Iowa
- Fastest shares and deposits growth in Iowa
- Fastest loan growth in Iowa
- Highest return on assets in Iowa
All 66 credit unions headquartered in Iowa
- 1st Gateway Credit Union Camanche
- 5 Star Community Credit Union Mount Pleasant
- Ace Credit Union Mason City
- Advantage Credit Union Newton
- Aegis Credit Union Clinton
- Affinity Credit Union Des Moines
- Aim Credit Union Dubuque
- Allen Hospital Personnel Credit Union Waterloo
- Ascentra Credit Union Bettendorf
- Burlington Municipal Employees Credit Union Burlington
- Capitol View Credit Union Des Moines
- Casebine Community Credit Union Burlington
- Cedar Falls Community Credit Union Cedar Falls
- Cent Credit Union Mason City
- Citizens Community Credit Union Fort Dodge
- Collins Community Credit Union Cedar Rapids
- Community 1st Credit Union Ottumwa
- Community Choice Credit Union Johnston
- Corda Credit Union Cedar Rapids
- Des Moines Fire Department Credit Union Des Moines
- Des Moines Metro Credit Union Des Moines
- Du Pont Employees Credit Union Fort Madison
- Dubuque Postal Employees Credit Union Dubuque
- Dupaco Community Credit Union Dubuque
- Dutrac Community Credit Union Dubuque
- Employees Credit Union Estherville
- Family Community Credit Union Charles City
- Financial Plus Credit Union West Des Moines
- First Class Community Credit Union West Des Moines
- First Federal Credit Union Hiawatha
- Fort Dodge Family Credit Union Fort Dodge
- Gas & Electric Employees Credit Union Mason City
- Greater Iowa Credit Union Ames
- Greenstate Credit Union North Liberty
- Holy Ghost Parish Credit Union Dubuque
- Industrial Employees Credit Union Centerville
- Iowa Heartland Credit Union Mason City
- Journey Credit Union Des Moines
- Lee County Credit Union Keokuk
- Lennox Employees Credit Union Marshalltown
- Members Community Credit Union Muscatine
- Members1st Community Credit Union Marshalltown
- Meridian Credit Union Ottumwa
- Metco Credit Union Cedar Rapids
- Midland Credit Union Urbandale
- North Iowa Community Credit Union Mason City
- North Star Community Credit Union Cherokee
- North Western Employees Credit Union Council Bluffs
- Peoples Credit Union Webster City
- Polk County Credit Union Des Moines
- Power Co-Op Employees Credit Union Humboldt
- Premier Credit Union Des Moines
- Quaker Oats Credit Union Cedar Rapids
- River Community Credit Union Ottumwa
- River Valley Credit Union Ames
- S E C U Credit Union Keokuk
- Serve Credit Union Des Moines
- Sioux Valley Community Credit Union Sioux City
- St. Athanasius Credit Union Jesup
- St. Ludmila S Credit Union Cedar Rapids
- Teamsters Local #238 Credit Union Cedar Rapids
- Telco Triad Community Credit Union Sioux City
- The Family Credit Union Davenport
- Unite Credit Union Cedar Falls
- Veridian Credit Union Waterloo
- Waterloo Firemen'S Credit Union Waterloo