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Bank Events in Iowa

Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Iowa (IA).

67
Failures
1,000
Mergers
177
Enforcement
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Bank Directory
All Iowa banks

Failures in Iowa

Date Bank City Assets Acquirer or resolution
Jan 25, 1985 The Steele State Bank Cherokee $21.9M Valley Bank&trust
Sep 7, 1984 Oakland Savings Bank Oakland $22.1M Oakland State Bank
Aug 10, 1984 The Tingley State Savings Bank Mount Ayr $19.4M Hawkeye Bank&trust
Jun 21, 1984 The Farmers Nat BK of Aurelia Aurelia $19.9M Heritage Bank National a
Aug 6, 1982 Mount Pleasant BK & TR Company Mount Pleasant $29.4M Hawkeye Bank&trust
Apr 2, 1982 The First National BK in Humbold Humboldt $55.4M Hawkeye Bank&trust
Aug 26, 1977 Donahue Savings Bank Donahue $5.5M —
Oct 9, 1974 Cromwell State Savings Bank Cromwell $3.5M —
Oct 5, 1973 First National Bank of Eldora Eldora $8.1M —
Feb 22, 1970 State Bank of Prairie City Prairie City $4.1M —
Jan 16, 1961 The Sheldon National Bank Sheldon $4.4M —
Aug 24, 1940 MT. Union State Bank Mt. Union — —
Jun 17, 1938 Russell State Bank & Trust Company Russell $217K —
May 19, 1938 Farmers Savings Bank Ankeny $186K —
Mar 5, 1938 Home Savings Bank Des Moines — —
Oct 20, 1937 The First National Bank in Burlington Burlington — —
Mar 31, 1936 Leland Cooperative Bank Leland $150K —

Mergers & Acquisitions involving Iowa banks

Date Acquired (IA) Acquirer
Oct 10, 2009 New Vienna Savings Bank Citizens State Bank
Jul 18, 2009 Citizens State Bank Fidelity Bank & Trust
Jul 1, 2009 First State Bank Glenwood State Bank
Jul 1, 2009 Two Rivers Bank & Trust Two Rivers Bank & Trust
Jul 1, 2009 Tabor Enterprises, Inc. Glenwood Bancorporation
Apr 1, 2009 Cryovac Employees Credit Union Dupaco Community Credit Union
Jan 17, 2009 Ames Community Bank Visionbank of Iowa
Jan 17, 2009 Community Bank of Boone Visionbank of Iowa
Jan 1, 2009 Family Merchants Bank Kerndt Brothers Savings Bank
Jan 1, 2009 Family Merchants Bancorporation, Inc. Kerndt Bank Services, Inc.
Jan 1, 2009 Federal Employees Credit Union Federal Employees Credit Union
Oct 11, 2008 State Bank Fidelity Bank & Trust
Oct 1, 2008 Davenport Fire Department Credit Union The Family Credit Union
Sep 30, 2008 Dunlap Corporation Greene Investment Co.
Aug 16, 2008 First State Bank Iowa Luana Savings Bank
Aug 9, 2008 The First State Bank MidWestOne Bank
Aug 9, 2008 MidWestOne Bank MidWestOne Bank
Aug 1, 2008 Clinton County Postal Credit Union 1st Gateway Credit Union
Jul 1, 2008 G P C-K F I-A S I Credit Union Bent River Community Credit Union
May 19, 2008 Great River Bank & Trust Blackhawk Bank & Trust
May 10, 2008 Farmers Savings Bank & Trust-Vinton Farmers Savings Bank & Trust
Apr 26, 2008 Horizon Bank Valley Bank
Apr 7, 2008 Hansen Bancorporation Bank Iowa Corporation
Apr 1, 2008 Fairbank State Bank Northeast Security Bank
Mar 29, 2008 Metabank West Central Rolling Hills Bank & Trust
Mar 14, 2008 Midwestone Financial Group, Inc Midwestone Financial Group, Inc.
Mar 1, 2008 The First State Bank of Thornton, Iowa First State Bank
Feb 9, 2008 Mills County Bank National Association First National Bank of Omaha
Feb 8, 2008 Odebolt State Bank First State Bank
Jan 11, 2008 Farmers State Bank Peoples Bank
Nov 1, 2007 First Bank and Trust Liberty Bank, F.S.B.
Nov 1, 2007 Health Services Credit Union Aim Credit Union
Oct 26, 2007 Fortress Bank of Cresco Decorah Bank and Trust Company
Oct 20, 2007 Henry County Bank Two Rivers Bank & Trust
Aug 1, 2007 Bandag Employees Credit Union Iowa Community Credit Union
Jul 21, 2007 First National Bank First National Bank
Jul 14, 2007 The First National Bank, Oelwein Fidelity Bank & Trust
Jun 30, 2007 Swiss Valley Farms Credit Union Cedar Falls Community Credit Union
Jun 1, 2007 Citizens State Bank Arbor Bank
May 14, 2007 Courier Employees Credit Union Meridian Credit Union
Apr 16, 2007 George State Bank Security Savings Bank
Feb 12, 2007 Valley State Bank Fidelity Bank & Trust
Feb 1, 2007 K.C.S.E. Credit Union The Hub-Co Co Credit Union
Jan 31, 2007 River City Community Credit Union Dutrac Community Credit Union
Jan 21, 2007 Southwest Company Oakland Financial Services, Inc.
Jan 13, 2007 Great Western Bank Great Western Bank
Jan 1, 2007 Iowa Savings Bank State Bank & Trust Company
Jan 1, 2007 Audubon Investment Company Greene Investment Co.
Sep 1, 2006 First Bank and Trust Company United Bank of Iowa
Aug 26, 2006 Gateway Savings Bank Northwest Bank