Iowa State Bank & Trust Company opened its doors for the first time on May 19, 1934 after a merger between Iowa State Savings Bank and the Iowa Loan and Trust Company was agreed to create a strong unified bank during the Great Depression. That same year, the bank was accepted into the Federal Reserve System.
Today, Iowa State Bank & Trust Company has grown to an institution with more than $120 million in assets and continues to look to the future.Being a community bank means the staff at Iowa State Bank work toward making Fairfield and Jefferson County better places to live, work and raise a family. Members of our staff are active members of the Fairfield community, serving on school boards, in city government and township boards and even volunteering with the local fire department. Iowa State Bank is large enough to meet all of your financial needs, but small enough to know your name when you walk through the door.
We believe in investing in our community to change it for the better. Our profits stay here, our shareholders live here and we invest in the local business community and non-profit organizations focused on making life better for the people in the communities we serve.
We believe supporting local businesses is a great way to keep communities strong, and we’re proud that our loans have helped some of our community’s largest employers grow their presence and employ more of our citizens.