Branch Presence
Banks with Branches in Des Moines, IA
Principal Bank is the biggest bank in Des Moines, IA, with $9.26B in deposits at its Des Moines branches, 43.1% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Bankers Trust Company has the most branches here, with 7.
19 banks operate 45 branches in Des Moines, IA, ranked below by local branch count from the FDIC Summary of Deposits. This counts every bank with a branch here, not only banks headquartered locally.
Deposit share is each bank's share of the $21.50B held in Des Moines, IA, as of the June 30, 2026 FDIC Summary of Deposits, ranked by deposits (#1 is largest). Banks that book deposits at a headquarters branch can show a share that exceeds their local customer base.
| Bank | Branches in Des Moines | Local deposits | Deposit share |
|---|---|---|---|
| Bankers Trust Company | 7 | $5.08B | 23.6% (#2) |
| U.S. Bank N.A. | 6 | $2.21B | 10.3% (#4) |
| Wells Fargo Bank, N.A. | 4 | $1.64B | 7.6% (#5) |
| Iowa State Bank | 3 | $219.4M | 1.0% (#6) |
| Community State Bank | 3 | $125.1M | 0.6% (#7) |
| West Bank | 3 | $100.4M | 0.5% (#9) |
| JPMorgan Chase Bank, N.A. | 3 | $73.6M | 0.3% (#10) |
| Bank of America, N.A. | 2 | $2.40B | 11.2% (#3) |
| BMO Bank N.A. | 2 | $109.8M | 0.5% (#8) |
| Central Bank | 2 | $61.5M | 0.3% (#11) |
| Earlham Savings Bank | 2 | $38.2M | 0.2% (#14) |
| Principal Bank | 1 | $9.26B | 43.1% (#1) |
| Lincoln Savings Bank | 1 | $55.2M | 0.3% (#12) |
| Freedom Financial Bank | 1 | $40.6M | 0.2% (#13) |
| First Mid Bank & Trust, N.A. | 1 | $23.9M | 0.1% (#15) |
| Trubank | 1 | $19.2M | <0.1% (#16) |
| Twin Cedars Bank | 1 | $16.3M | <0.1% (#17) |
| First Interstate Bank | 1 | $11.3M | <0.1% (#18) |
| Midwest Heritage Bank, FSB | 1 | $8.9M | <0.1% (#19) |
County deposit market: Polk, IA
The $32.18B held across 39 FDIC-insured banks in this county, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Polk, IA market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | Principal Bank | 28.8% | $9.26B | 1 |
| 2 | Bankers Trust Company | 17.1% | $5.50B | 12 |
| 3 | Wells Fargo Bank, N.A. | 10.1% | $3.25B | 11 |
| 4 | U.S. Bank N.A. | 9.1% | $2.94B | 12 |
| 5 | Bank of America, N.A. | 8.9% | $2.86B | 4 |
| 6 | West Bank | 7.6% | $2.45B | 5 |
| 7 | Community State Bank | 3.9% | $1.24B | 9 |
| 8 | First Interstate Bank | 1.7% | $531.1M | 5 |
| 9 | Northwest Bank | 1.3% | $409.7M | 3 |
| 10 | Iowa State Bank | 1.2% | $392.0M | 5 |
Metro area deposit market: Des Moines-West Des Moines, IA
The $37.99B held across 57 FDIC-insured banks in this metro area, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Des Moines-West Des Moines, IA market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | Principal Bank | 24.4% | $9.26B | 1 |
| 2 | Bankers Trust Company | 14.5% | $5.50B | 12 |
| 3 | Wells Fargo Bank, N.A. | 9.4% | $3.55B | 14 |
| 4 | U.S. Bank N.A. | 8.0% | $3.04B | 13 |
| 5 | Bank of America, N.A. | 7.5% | $2.86B | 4 |
| 6 | West Bank | 6.6% | $2.49B | 6 |
| 7 | Community State Bank | 3.3% | $1.26B | 10 |
| 8 | First Interstate Bank | 1.9% | $732.4M | 11 |
| 9 | City State Bank | 1.5% | $573.9M | 6 |
| 10 | Bank Iowa | 1.5% | $563.6M | 6 |
Banks in Des Moines: common questions
What is the biggest bank in Des Moines, IA?
Principal Bank is the biggest bank in Des Moines, IA, with $9.26B in deposits at its Des Moines branches, 43.1% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Bankers Trust Company has the most branches there, with 7.
How many banks are in Des Moines, IA?
19 FDIC-insured banks operate 45 branches in Des Moines, IA as of the June 30, 2026 FDIC Summary of Deposits. This counts every bank with a branch in the city, not only banks headquartered there. Credit unions are not in the Summary of Deposits.
What are the largest banks in Des Moines, IA?
Ranked by deposits held in Des Moines branches as of the June 30, 2026 FDIC Summary of Deposits: 1. Principal Bank (43.1%); 2. Bankers Trust Company (23.6%); 3. Bank of America, N.A. (11.2%); 4. U.S. Bank N.A. (10.3%); 5. Wells Fargo Bank, N.A. (7.6%). The share is each bank's part of all deposits in the city.
Largest banks in Iowa
For the state as a whole, see the largest banks in Iowa, ranked by total assets and by deposits in Iowa branches, or every bank in the Iowa bank directory.
Banks in other Iowa cities:
About this data
Branch counts and local deposits come from the FDIC Summary of Deposits, the annual June 30 survey of branch-office deposits for every FDIC-insured bank. Click any bank to see its full regulatory profile and complete branch network. Looking for banks headquartered here instead? See the US bank directory.