Premier Bank
✓ FDIC-insured · Active FDIC Certificate #34384
Premier Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Rock Valley, Iowa, established in 1997. As of the 06/30/2026 FDIC call report, it reported $826M in total assets and $672M in deposits. FDIC location data lists 6 offices across 3 states and territories, with the most in Iowa (3). The FDIC classifies it as a community bank. It is owned by the holding company PREMIER HOLDINGS LTD (Rock Valley, IA).
Financial data as of the 06/30/2026 FDIC call report.
Branches by state
Premier Bank has offices in 3 states and territories. Counts come from the FDIC's institution location records.
| State | Offices | Share |
|---|---|---|
| Iowa | 3 | 50.0% |
| South Dakota | 2 | 33.3% |
| Minnesota | 1 | 16.7% |
Branch locations
| Premier Bank Doon Branch · Full Service - Brick And Mortar | 227 Main St Doon, IA 51235 Map ↗ |
| Premier Bank Rock Rapids Branch · Full Service - Brick And Mortar | 710 1st Ave Rock Rapids, IA 51246 Map ↗ |
| Premier Bank Premier Bank · Full Service - Brick And Mortar | 1004 21st Ave Rock Valley, IA 51247 Map ↗ |
| Premier Bank Adrian Branch · Full Service - Brick And Mortar | 322 Maine Ave Adrian, MN 56110 Map ↗ |
| Premier Bank Hudson Branch · Full Service - Brick And Mortar | 407 Wheelock Street Hudson, SD 57034 Map ↗ |
| Premier Bank Alcester Bank Branch · Full Service - Brick And Mortar | 190 Iowa St Alcester, SD 57001 Map ↗ |
Holding company: PREMIER HOLDINGS LTD
The FDIC lists PREMIER HOLDINGS LTD, based in Rock Valley, IA, as the top holding company for Premier 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 Premier Bank's $826M. See all banks in Iowa.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| VISIONBANK OF IOWA | Ames | $896M | 13 |
| BankIowa | Cedar Rapids | $846M | 13 |
| CUSB Bank | Cresco | $812M | 7 |
| Primebank | Le Mars | $801M | 4 |
| Decorah Bank & Trust Company | Decorah | $794M | 3 |
| City State Bank | Norwalk | $788M | 9 |
| First Central State Bank | Dewitt | $772M | 6 |
| Midwest Heritage Bank, FSB | West Des Moines | $768M | 13 |
Premier Bank: common questions
Is Premier Bank FDIC-insured?
Yes. Premier Bank is an active FDIC-insured institution, FDIC Certificate #34384. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Premier Bank headquartered?
Premier Bank is headquartered at 1004 21st Ave, Rock Valley, IA 51247, according to FDIC records.
How many branches does Premier Bank have?
FDIC location data lists 6 offices for Premier Bank in 3 states and territories. The most are in Iowa (3), followed by South Dakota (2).
Who owns Premier Bank?
The FDIC lists PREMIER HOLDINGS LTD of Rock Valley, IA as the top holding company for Premier Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.