State Hub
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 |
|---|---|---|
| Dec 29, 2003 | Worthington Bancorporation | State Bank |
| Nov 10, 2003 | First Heartland Bancorp | Conover Bancorporation |
| Oct 27, 2003 | Raccoon Valley State Bank | Raccoon Valley Bank |
| Oct 27, 2003 | Dallas Investment Company | Perry Investment Company |
| Oct 23, 2003 | American National Bank | American National Bank |
| Oct 21, 2003 | Western Bank & Trust National Association | American National Bank |
| Oct 2, 2003 | Cedar Valley State Bank | Valley Bank |
| Oct 1, 2003 | Quick Bancorp, Inc. | American National Corporation |
| Sep 2, 2003 | Heartland Credit Union | Greater Iowa Credit Union |
| Aug 30, 2003 | Corwith State Bank | Iowa State Bank |
| Aug 29, 2003 | Corwith State Bancshares, Inc. | Corwith State Bank |
| Aug 8, 2003 | Farmers Savings Bank | Kerndt Brothers Savings Bank |
| Jul 19, 2003 | Hawkeye State Bank | West Bank |
| Jun 16, 2003 | Citizens Bank and Trust Company | MidWestOne Bank |
| Jun 1, 2003 | Amana Employees Credit Union | Community 1st Credit Union |
| May 3, 2003 | Hancock County Bank & Trust | Liberty Bank, F.S.B. |
| May 1, 2003 | Boone County Community Credit Union | MEMBERS1ST Community Credit Union |
| May 1, 2003 | MEMBERS1ST Credit Union | MEMBERS1ST Community Credit Union |
| Apr 16, 2003 | Washington Federal Savings Bank | Federation Bank |
| Apr 1, 2003 | Iowa National Guard Credit Union | Greater Iowa Credit Union |
| Mar 27, 2003 | F T Bancshares, Inc. | Ft Bancshares, Inc. |
| Mar 1, 2003 | Armstrong Employees Local 164 Credit Union | Greater Iowa Credit Union |
| Feb 28, 2003 | First Iowa Community Credit Union | First Class Community Credit Union |
| Jan 23, 2003 | First Iowa Bank | Ohnward Bank & Trust |
| Jan 22, 2003 | Eastern Iowa Bancshares, Ltd. | First Iowa Bank |
| Jan 7, 2003 | Union Bank and Trust Company | Citizens State Bank |
| Jan 7, 2003 | Munter Agency, Inc. | Herky Hawk Financial Corp. |
| Jan 1, 2003 | Dunham Employees Credit Union | Greater Iowa Credit Union |
| Dec 24, 2002 | First Community National Bank | Union Bank of Arizona, N.A. |
| Dec 7, 2002 | West Burlington Bank | Farmers & Merchants Bank & Trust |
| Oct 28, 2002 | Security State Bank | Central Bank |
| Oct 28, 2002 | First Security Banshares, Inc. | Central Bank |
| Oct 1, 2002 | Ottumwa Railroad Employees Credit Union | River Community Credit Union |
| Sep 1, 2002 | Alliance Credit Union | The Family Credit Union |
| Aug 24, 2002 | Southeast Security Bank | Two Rivers Bank & Trust |
| Jun 15, 2002 | First American Bank | First American Bank |
| Jun 1, 2002 | Security State Bank | United Community Bank |
| May 16, 2002 | I S E a Credit Union | Greater Iowa Credit Union |
| May 1, 2002 | Mormon Trail Credit Union | Community 1st Credit Union |
| Jan 29, 2002 | Fairbank Bancshares, Inc. | Independence Bancshares, Inc. |
| Jan 8, 2002 | Bank Iowa | Bank Iowa |
| Jan 2, 2002 | Exchange Corporation of Iowa | Mid America Banks, Inc. |
| Jan 2, 2002 | Exchange State Bank | Exchange State Bank |
| Jan 1, 2002 | The First National Company | FNC., Inc. |
| Jan 1, 2002 | Westmont Corporation | Kerndt Bank Services, Inc. |
| Jan 1, 2002 | Bennett State Bank | Liberty Trust & Savings Bank |
| Jan 1, 2002 | Heritage Credit Union | Veridian Credit Union |
| Dec 31, 2001 | Farmers State Agency, Ltd. | Farmers State Bank |
| Dec 31, 2001 | Iowa State Bank | Iowa State Bank |
| Dec 15, 2001 | Central Trust Investment, Inc. | Central Bank |
The list holds the 500 most recent of 1,000 mergers.
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