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Charter Bank

✓ FDIC-insured · Active FDIC Certificate #34686

Charter Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Johnston, Iowa, established in 1998. As of the 06/30/2026 FDIC call report, it reported $228M in total assets and $203M in deposits. FDIC location data lists 4 offices in Iowa. The FDIC classifies it as a community bank. It is owned by the holding company JOHNSTON GROWTH CORP (Johnston, IA).

Total assets
$228M
Total deposits
$203M
Offices
4
Return on assets
1.75%

Financial data as of the 06/30/2026 FDIC call report.

Where it operates

All 4 of Charter Bank's FDIC-listed offices are in Iowa. Browse banks in Johnston for other local options.

Branch locations

Charter Bank
Grimes Branch · Full Service - Brick And Mortar
150 Se Gateway Dr
Grimes, IA 50111
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Charter Bank
Waukee Branch · Full Service - Brick And Mortar
455 6th St
Waukee, IA 50263
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Charter Bank
Ankeny Branch · Full Service - Brick And Mortar
2905 Sw Oralabor Rd
Ankeny, IA 50023
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Charter Bank
Charter Bank · Full Service - Brick And Mortar
5526 Nw 86th St
Johnston, IA 50131
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Holding company: JOHNSTON GROWTH CORP

The FDIC lists JOHNSTON GROWTH CORP, based in Johnston, IA, as the top holding company for Charter Bank. The FDIC shows no other active insured banks under the same holding company.

Similar-size banks in Iowa

Active FDIC-insured banks headquartered in Iowa with total assets closest to Charter Bank's $228M. See all banks in Iowa.

BankHQ cityAssetsOffices
The Libertyville Savings BankFairfield$384M6
Earlham Savings BankWest Des Moines$383M9
Citizens First BankClinton$361M4
American State BankOsceola$361M4
Premier BankDubuque$358M3
Glenwood State BankGlenwood$353M4
Iowa State Bank and Trust Company of Fairfield, IowaFairfield$352M3
New Albin Savings BankNew Albin$351M1

Charter Bank: common questions

Is Charter Bank FDIC-insured?

Yes. Charter Bank is an active FDIC-insured institution, FDIC Certificate #34686. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.

Where is Charter Bank headquartered?

Charter Bank is headquartered at 5526 Nw 86th St, Johnston, IA 50131, according to FDIC records.

How many branches does Charter Bank have?

FDIC location data lists 4 offices for Charter Bank, all in Iowa.

Who owns Charter Bank?

The FDIC lists JOHNSTON GROWTH CORP of Johnston, IA as the top holding company for Charter Bank.

Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.