Best Banks in Iowa

The banking industry in Iowa is diverse and robust, with a mix of well-established institutions offering a broad range of financial products and services. Among the largest and most influential banks in Iowa are Bankers Trust, Hills Bank and Trust Company, First American Bank, Dubuque Bank & Trust, and Quad City Bank & Trust. These banks have earned their standing not only through size and financial stability but also through their dedication to customer service, community involvement, and innovative solutions for individuals and businesses alike. Each of these institutions has played a pivotal role in supporting the local economy, offering both traditional and modern banking services tailored to the needs of Iowa’s residents.

Bankers Trust, the largest locally-owned bank in Iowa, stands out as a leader in the state’s banking sector. It is also the fourth-largest overall, a testament to its financial strength and widespread customer base. The bank provides a comprehensive range of financial products and services, from personal banking and mortgages to business banking and investment management. One of the key reasons for Bankers Trust's success is its ability to balance the latest financial innovations with the personalized service typically associated with community banks. As the largest locally-owned bank in Iowa, it has made significant contributions to the state's economy by offering financial products that are tailored to the unique needs of local residents and businesses.

The bank’s commitment to community involvement is a cornerstone of its operations. Bankers Trust has been recognized with numerous awards for its contributions to the state, including the prestigious Spirit of Central Iowa Award from the United Way of Central Iowa. This recognition reflects the bank’s dedication to improving the quality of life in central Iowa through charitable contributions and community outreach. Bankers Trust has also received the Diversity Award from the Greater Des Moines Partnership, showcasing its commitment to fostering an inclusive environment both within the bank and in the broader community. The Iowa Civil Rights Award, presented by Friends of Iowa Civil Rights, Inc., is another accolade that reflects the bank’s commitment to equality, diversity, and inclusion in all its operations.

In addition to its community focus, Bankers Trust has continued to innovate and provide cutting-edge banking services to meet the evolving needs of its customers. The bank offers a range of modern financial tools, such as online banking, mobile apps, and personalized financial advisory services, that allow customers to manage their finances with ease and efficiency. Its robust corporate banking services, including treasury management, business lending, and commercial real estate financing, have made it a preferred partner for businesses of all sizes across the state. Through these services, Bankers Trust plays a critical role in supporting the growth of local businesses and fostering economic development in Iowa.

Hills Bank and Trust Company, another leading bank in Iowa, is known for its independent spirit and strong community orientation. Founded in 1904, the bank has remained one of the largest independent banks in the state. It offers a range of services typically associated with larger regional banks but retains the flexibility and responsiveness of a smaller community bank. This unique combination has allowed Hills Bank to develop long-lasting relationships with both personal and business customers across Iowa.

Hills Bank’s success is rooted in its commitment to customer satisfaction and its ability to understand and respond to the specific needs of the local community. With an asset base that places it among the largest independent banks in Iowa, Hills Bank provides a full suite of financial products, including personal loans, mortgages, business loans, and agricultural financing. The bank’s wealth management division is also highly regarded, offering investment advice and services designed to help individuals and businesses build and protect their wealth. Hills Bank’s focus on personalized service is a key reason why it has earned the trust and loyalty of generations of Iowans.

The bank also takes pride in its role as a community partner. Hills Bank has been involved in numerous local initiatives and has a long history of supporting charitable organizations and community projects. Whether through direct donations, sponsorships, or volunteer efforts by employees, Hills Bank is dedicated to helping improve the lives of the people it serves. This strong sense of community involvement, combined with its financial expertise, has made Hills Bank a trusted institution for Iowa residents and businesses alike.

First American Bank, established in 1934 in Fort Dodge, Iowa, has a rich history of providing high-quality financial services to individuals and businesses in the region. Over the years, First American Bank has grown into a well-respected institution known for its deep understanding of the financial needs of its customers. The bank offers a broad range of services, including retail banking, commercial lending, and wealth management. Whether it’s assisting individuals with home loans or providing businesses with the tools they need to manage their cash flow and grow, First American Bank is committed to offering tailored solutions that meet the diverse needs of its clients.

The bank’s commercial banking services are especially strong, with expertise in lending, treasury management, and other services essential for businesses. First American Bank works closely with business clients to provide the financial resources they need to thrive in a competitive marketplace. It also provides specialized services such as merchant services, business credit cards, and online banking tools to help businesses operate more efficiently and effectively. The bank's commitment to helping businesses succeed is evident in its dedicated approach to working with clients, offering personalized attention and practical financial advice.

First American Bank also places a strong emphasis on technology and convenience. It offers a range of online banking services, allowing customers to access their accounts, make transfers, and pay bills from anywhere. The bank’s mobile banking app is also highly rated, providing customers with a user-friendly platform for managing their finances on the go. Through these innovations, First American Bank has made banking more convenient and accessible for its customers, further cementing its place as one of the leading financial institutions in Iowa.

Dubuque Bank & Trust, part of Heartland Financial USA, Inc., is another prominent player in Iowa’s banking landscape. As one of Iowa's ten largest banking institutions, DB&T has made a name for itself by offering a full range of financial services to individuals, businesses, and institutions in the region. The bank provides traditional banking services such as savings and checking accounts, mortgages, and personal loans, but it is also known for its business banking solutions, including commercial loans, treasury management, and cash management services.

Dubuque Bank & Trust’s affiliation with Heartland Financial USA, a regional bank holding company, gives it access to a broader range of resources and expertise. This allows DB&T to offer services that compete with those of larger, national banks while maintaining a strong local presence. The bank’s community involvement is another key factor in its success. Dubuque Bank & Trust supports numerous charitable organizations and community initiatives, reflecting its commitment to the well-being of the region it serves.

Quad City Bank & Trust, a leading community bank in Iowa, is known for its commitment to building lasting relationships with its customers through personalized service. With branches in the Quad Cities region, this bank has established itself as a trusted financial partner for individuals and businesses alike. Quad City Bank & Trust focuses on providing exceptional service and tailored banking solutions that meet the unique needs of its clients. Whether it’s through personal banking, business banking, or wealth management, the bank’s approach to customer service emphasizes professionalism, reliability, and care.

In conclusion, Iowa’s banking industry is well represented by institutions such as Bankers Trust, Hills Bank and Trust Company, First American Bank, Dubuque Bank & Trust, and Quad City Bank & Trust. These banks offer a broad range of financial services that cater to the diverse needs of their customers, from individuals to businesses of all sizes. Each institution has carved out a unique niche in the Iowa market, balancing local expertise with modern banking solutions. As Iowa continues to grow and evolve, these banks will undoubtedly remain key players in supporting the state’s economy and providing essential financial services to the people and businesses of Iowa.