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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
Nov 3, 2023 Citizens Bank Sac City $60.4M Iowa Trust & Savings Bank
Nov 18, 2011 Polk County Bank Johnston $91.6M Grinnell State Bank
Sep 4, 2009 Vantus Bank Sioux City $503.6M Great Southern Bank
Jan 14, 2000 Hartford-Carlisle SB Carlisle $105.0M Citizens Bank
Apr 29, 1993 Valley National Bank of Fremont Hamburg $7.0M Decatur County State Ban
Nov 22, 1991 Peoples FSA Ottumwa $34.3M South Ottumwa SB
Sep 27, 1991 Home FS & La of Harlan Harlan $91.4M Conservative SB FSB
May 10, 1991 First FS & La of Creston Creston $67.3M First FSB of Creston
Apr 26, 1991 Home FS & La, F.A. Algona $134.3M Branch sale
Mar 22, 1991 United FSA of Iowa Des Moines $895.8M Branch sale
Jul 27, 1990 Statesman Bank for Savings, FSB Des Moines $540.4M Branch sale
Mar 16, 1990 Sun Federal Savings Assoc. Fort Dodge $24.3M Ida County State Bank
Feb 9, 1990 American Federal Savings Assoc. Des Moines $910.7M Branch sale
Jan 4, 1990 First Central Federal Savings Bank Chariton $112.8M Branch sale
Oct 16, 1989 Banc Iowa Federal Savings Bank Cedar Rapids $161.9M Branch sale
Apr 6, 1989 Sioux Valley S & La Cherokee $61.8M Deposit payout
Apr 6, 1989 First FS & La of Estherville Estherville $60.6M Branch sale
Sep 1, 1988 Mingo Trust & Savings Bank Mingo $12.1M Exchange State Bank
Sep 1, 1988 Pisgah Savings Bank Pisgah $9.7M Iowa Savings Bank
Jun 2, 1988 Community State Bank Whiting $5.1M Sloan State Bank
May 6, 1988 Forest City Bank & Trust Co. Forest City $26.6M Liberty Bank&trust
Mar 10, 1988 Hayesville Savings Bank Hayesville $38.0M Farmers Savings Bank
Jan 20, 1988 Aredale State Bank Aredale $9.6M First Security Bank&trus
Dec 3, 1987 Climbing Hill Savings Bank Climbing Hill $5.4M First Trust&savings Bank
Jul 30, 1987 Farmers State Bank Kanawha $15.9M First NB of Clarion
Apr 23, 1987 Osceola State Bank & Trust Company Osceola $8.6M American State Bank
Mar 4, 1987 The First State Bank Rockford $15.8M First Security Bank&trus
Feb 5, 1987 State Bank of Allison Allison $17.4M Lincoln Savings Bank
Jan 15, 1987 Latimer Bank & Trust Latimer $23.2M First NB of Clarion
Aug 7, 1986 Graettinger State Bank Graettinger $11.8M Swea City State Bank
Jul 31, 1986 Citizens State Bank Iowa Falls $54.0M Green Belt Bank&trust
Jul 24, 1986 The First National Bank of Prairie City Prairie City $18.9M Security Bank
Jun 27, 1986 Commercial State Bank Pocahontas $47.9M Citizens State Bank
May 29, 1986 The Lone Rock Bank, N.A. Lone Rock $7.5M Swea City State Bank
May 1, 1986 The Bedford National Bank Bedford $19.3M American National Bank
Apr 10, 1986 The National Bank Dyersville $43.0M American Trust&savings B
Mar 20, 1986 Williams Savings Bank Williams $12.8M Iowa Falls State Bank
Feb 21, 1986 Capitol S&LA Mount Pleasant $192.0M Midwest FS&LA of Minneapoli
Feb 14, 1986 First National Bank of Tipton Tipton $17.9M Citizens Savings Bank
Feb 6, 1986 The Peoples National Bank & Trust Albia $52.0M —
Nov 8, 1985 Auburn Savings Bank Auburn $6.8M Carroll County State Ban
Nov 1, 1985 Early Savings Bank Early $12.9M Citizens 1st NB Storm La
Aug 6, 1985 Mineola State Bank Mineola $5.2M Glenwood State Bank
Jun 21, 1985 Urbana Savings Bank Urbana $7.2M Peoples Bank&trust Co
May 9, 1985 Story County State Bank Story City $33.6M Story County Bank&trust
May 3, 1985 Farmers Savings Bank Massena $16.9M Union National Bank
Apr 26, 1985 Peoples State Bank Odebolt $13.5M Peoples Savings Bank
Mar 8, 1985 Commercial State Bank Afton $16.3M Citizens Savings Bank
Feb 19, 1985 Inwood State Bank Inwood $8.1M Security Savings Bank
Feb 7, 1985 First National Bank of Woodbine Woodbine $25.8M Iowa Savings Bank

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 MEMBERS1ST Credit Union MEMBERS1ST Community Credit Union
May 1, 2003 Boone County Community 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 Munter Agency, Inc. Herky Hawk Financial Corp.
Jan 7, 2003 Union Bank and Trust Company Citizens State Bank
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 Heritage Credit Union Veridian Credit Union
Jan 1, 2002 Westmont Corporation Kerndt Bank Services, Inc.
Jan 1, 2002 Bennett State Bank Liberty Trust & Savings Bank
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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