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BANK HISTORY
East Des Moines businessman, George O'Dea, felt
the city needed a bank to better serve "the little man." On April
16, 1941, Mr. O'Dea and three associates: Hugh N. Gallagher,
William A. Broquist Sr. and A.E. (Bert) Sargent opened the doors
of Iowa State Bank. The bank opened that day with five employees.
Iowa State Bank was the first bank in Des Moines to install a
drive up window service and to issue certificates of deposit. The
bank encouraged saving with advertising "Having Begins with
Saving" and today Iowa State Bank is among the few banks who
continue to offer the Passbook savings account.
The original location of the bank was on the northeast corner
of East 6th & Locust. In 1950 the bank constructed a new building
on the corner of East 7th & Locust and in 1959, an addition was
added which doubled the size of the building. Today we continue to
grow with another building addition to the Capital Office that was
completed in April, 2000.
| Today there are 5 branch office locations: |
- The East office
located at East 38th and Hubbell opened in 1973.
- The South office
located at SW 9th and Army Post Road opened in 1975.
- The West office located at 35th & EP True Parkway in
West Des Moines opened in 1994.
- Our newest branch location at
Hickman & 128th Street in Urbandale opened in 2006.
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Iowa State Bank has experienced tremendous growth over the
years: from one small office to six, and from 5 to 85 employees.
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