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HOW WE RATE
The Des Moines Defender of Community Banking
You’ve always known Iowa State Bank is Des Moines’ premier,
locally owned financial institution. But don’t just take our word
for it, here’s independent proof.
OUTSTANDING Community Reinvestment
Here at Iowa State Bank, we passionately believe in
meeting the financial needs of the local community. We
continually strive to put money back into our local
economy. This is why for the past 10 years, the Federal
Deposit Insurance Corporation (FDIC) has awarded Iowa
State Bank an OUTSTANDING rating for community
reinvestment. This is the highest rating a bank can
earn. |
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The U.S. Small Business Administration (SBA) has
recognized Iowa State Bank as a top lender in the state of Iowa
for fiscal year 2005. Ranked as the 12th highest volume lender
in Iowa by the SBA, Iowa State Bank approved 14 SBA guaranteed
loans worth over 3.8 million.
Iowa Banking Magazine’s 2005 year-end results ranking
high performance banks placed Iowa State Bank 10th for Return on
Assets (ROA) and 15th for Return on Equity (ROE) out of 466
banks in Iowa. Rest assured, Iowa State Bank remains one of the
safest banks in Iowa.
The Iowa Finance Authority (IFA) recently announced that
2,831 Iowans became first-time homeowners in fiscal year 2006.
IFA’s FirstHome program offers qualified buyers affordable
mortgage financing with low interest rates, down payment
assistance and flexible credit qualifications. Between July 2005
and June 2006, Iowa State Bank did it’s part by making 13 home
loans equaling 1.1 million dollars.
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