Iowa State Bank
✓ FDIC-insured · Active FDIC Certificate #950
Iowa State Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Algona, Iowa, established in 1928. As of the 06/30/2026 FDIC call report, it reported $471M in total assets and $379M in deposits. FDIC location data lists 5 offices in Iowa. The FDIC classifies it as a community bank. It is owned by the holding company MID-IOWA BANCSHARES CO (Algona, IA).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 5 of Iowa State Bank's FDIC-listed offices are in Iowa. Browse banks in Algona for other local options.
Branch locations
| Iowa State Bank Iowa State Bank-Ruthven Branch · Full Service - Brick And Mortar | 1108 Gowrie St Ruthven, IA 51358 Map ↗ |
| Iowa State Bank Corwith State Branch · Full Service - Brick And Mortar | 104 Nw Elm St Corwith, IA 50430 Map ↗ |
| Iowa State Bank Drive Up Facility Branch · Limited Service - Drive Thru/Detached Facility | 415 E State St Algona, IA 50511 Map ↗ |
| Iowa State Bank Iowa State Bank · Full Service - Brick And Mortar | 5 E Call St Algona, IA 50511 Map ↗ |
| Iowa State Bank Wesley Branch · Full Service - Brick And Mortar | 108 Main St E Wesley, IA 50483 Map ↗ |
Holding company: MID-IOWA BANCSHARES CO
The FDIC lists MID-IOWA BANCSHARES CO, based in Algona, IA, as the top holding company for Iowa State 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 Iowa State Bank's $471M. See all banks in Iowa.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Peoples Bank | Clive | $530M | 8 |
| The Shelby County State Bank | Harlan | $524M | 11 |
| Iowa Trust & Savings Bank | Emmetsburg | $522M | 4 |
| Ohnward Bank & Trust | Cascade | $499M | 6 |
| Grinnell State Bank | Grinnell | $499M | 4 |
| TruBank | Indianola | $495M | 8 |
| Security State Bank | Sutherland | $492M | 5 |
| Raccoon Valley Bank | Perry | $486M | 4 |
Iowa State Bank: common questions
Is Iowa State Bank FDIC-insured?
Yes. Iowa State Bank is an active FDIC-insured institution, FDIC Certificate #950. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Iowa State Bank headquartered?
Iowa State Bank is headquartered at 5 E Call St, Algona, IA 50511, according to FDIC records.
How many branches does Iowa State Bank have?
FDIC location data lists 5 offices for Iowa State Bank, all in Iowa.
Who owns Iowa State Bank?
The FDIC lists MID-IOWA BANCSHARES CO of Algona, IA as the top holding company for Iowa State Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.