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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).
Failures in Iowa
| Date | Bank | Assets |
|---|---|---|
| Jan 25, 1985 | The Steele State Bank | $21.9M |
| Sep 7, 1984 | Oakland Savings Bank | $22.1M |
| Aug 10, 1984 | The Tingley State Savings Bank | $19.4M |
| Jun 21, 1984 | The Farmers Nat BK of Aurelia | $19.9M |
| Aug 6, 1982 | Mount Pleasant BK & TR Company | $29.4M |
| Apr 2, 1982 | The First National BK in Humbold | $55.4M |
| Aug 26, 1977 | Donahue Savings Bank | $5.5M |
| Oct 9, 1974 | Cromwell State Savings Bank | $3.5M |
| Oct 5, 1973 | First National Bank of Eldora | $8.1M |
| Feb 22, 1970 | State Bank of Prairie City | $4.1M |
| Jan 16, 1961 | The Sheldon National Bank | $4.4M |
| Aug 24, 1940 | MT. Union State Bank | — |
| Jun 17, 1938 | Russell State Bank & Trust Company | $217K |
| May 19, 1938 | Farmers Savings Bank | $186K |
| Mar 5, 1938 | Home Savings Bank | — |
| Oct 20, 1937 | The First National Bank in Burlington | — |
| Mar 31, 1936 | Leland Cooperative Bank | $150K |
Mergers & Acquisitions involving Iowa banks
| Date | Acquired (IA) | Acquirer |
|---|---|---|
| Aug 19, 2006 | Waukee State Bank | First American Bank |
| Jul 8, 2006 | Metrobank, National Association | Triumph Community Bank, National Association |
| Jul 1, 2006 | Des Moines Mercy Credit Union | Community Choice Credit Union |
| Jun 30, 2006 | Adair Insurance Agency, Inc. | Exchange Financial, Inc. |
| Apr 22, 2006 | Security State Bank | Northwestern Bank |
| Mar 31, 2006 | Postville State Bank | Freedombank |
| Mar 31, 2006 | Union State Bank | Freedombank |
| Jan 1, 2006 | Pella State Bank | MidWestOne Bank |
| Jan 1, 2006 | Central Valley Bank | MidWestOne Bank |
| Jan 1, 2006 | Wilton Savings Bank | Community Bank & Trust Company |
| Jan 1, 2006 | The Hawarden Banking Company | First State Associates, Inc. |
| Jan 1, 2006 | MidWestOne Bank | MidWestOne Bank |
| Dec 1, 2005 | Bluegrass Federal Credit Union | Nishna Valley Credit Union |
| Dec 1, 2005 | Upholsterers Credit Union | Aim Credit Union |
| Nov 22, 2005 | George Washington Credit Union | Community 1st Credit Union |
| Nov 1, 2005 | Jefferson County Community Credit Union | Community 1st Credit Union |
| Sep 1, 2005 | Community Plus Credit Union | Dupaco Community Credit Union |
| Aug 20, 2005 | The First National Bank of Cedar Falls | First Bank |
| Aug 6, 2005 | Farmers and Merchants Bank and Trust | Farmers & Merchants Bank & Trust |
| Jul 30, 2005 | Cedar Rapids Community Credit Union | Community 1st Credit Union |
| Jun 30, 2005 | Equiowa Credit Union | Premier Credit Union |
| Jun 20, 2005 | Community Savings Bank | Community Savings Bank |
| May 31, 2005 | Covenant Credit Union | Iowa Community Credit Union |
| Apr 5, 2005 | PSB Bancshares, Ltd. | Freedombank Shares, Inc. |
| Apr 1, 2005 | Gas and Electric Employees Credit Union | Frontier Community Credit Union |
| Mar 31, 2005 | West Side State Savings Bank | Westside State Bank |
| Feb 19, 2005 | Peoples National Bank | American National Bank |
| Feb 1, 2005 | Vail and Westside Presbyterian Church Credit Union | Greater Iowa Credit Union |
| Jan 15, 2005 | Fort Des Moines Community Bank | Trubank |
| Jan 3, 2005 | Iowa Northland Credit Union | Citizens Community Credit Union |
| Dec 30, 2004 | North Linn Corporation | Linn County State Bank |
| Dec 16, 2004 | West Liberty Holding Company | Cornerstone Financial Services Group, Inc. |
| Nov 30, 2004 | Bantam Employees Credit Union | Cedar Falls Community Credit Union |
| Nov 6, 2004 | Security Bancorp | Great Western Bancorporation, Inc. |
| Nov 6, 2004 | Oakland State Bank | Great Western Bank |
| Nov 6, 2004 | Security State Bank | Great Western Bank |
| Nov 6, 2004 | Oak Bancorporation | Great Western Bancorporation, Inc. |
| Jul 1, 2004 | The Farmers National Bank of Winfield | Pilot Grove Savings Bank |
| Jun 28, 2004 | Union National Bank | FNB Bank |
| Jun 1, 2004 | Deere Community Credit Union | Veridian Credit Union |
| May 15, 2004 | FSB Holding Co. | Freedom Security Bank |
| May 8, 2004 | Wells Fargo Home Mortgage, Inc. | Wells Fargo Bank, N.A. |
| May 1, 2004 | Sheaffer Employees Credit Union | Iowa Community Credit Union |
| May 1, 2004 | Register & Tribune Employees Credit Union | Premier Credit Union |
| Apr 3, 2004 | American Interstate Bank | American Interstate Bank |
| Mar 11, 2004 | State Federal Savings and Loan Association of Des Moines | Liberty Bank, F.S.B. |
| Feb 20, 2004 | Wells Fargo Bank Iowa, National Association | Wells Fargo Bank, N.A. |
| Feb 1, 2004 | Lehigh Employees Credit Union | Cent Credit Union |
| Jan 2, 2004 | Gibson Savings Bank | Patriot Bank |
| Dec 31, 2003 | Corn Belt Bancorporation | First Fontanelle Bancorporation |
The list holds the 500 most recent of 1,000 mergers.
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