Community Reinvestment Act (CRA) - Public File

We are honored to have received an overall rating of "Outstanding" from the FDIC for our Community Reinvestment Act (CRA) Performance Evaluation for over 25 years. This is the highest possible rating from the FDIC. It demonstrates our commitment to our customers and the community we serve.

Under the federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The FDIC also takes this record into account when deciding on credit applications submitted by Iowa State Bank.

Your involvement is encouraged.

You are entitled to certain information about our operations and our performance under the CRA and this information is presented for your review in this Public File.

At least 30 days before the beginning of each quarter, the FDIC publishes a nationwide list of the banks that are scheduled for CRA examinations in that quarter. This list is available from the Regional Director, FDIC 1100 Walnut St, Suite 2100, Kansas City, MO  64106-2180 or by telephone at 816-234-8000 or toll free at 800-209-7459. You may also send written comments about our performance in helping to meet community credit needs to Marsha Kephart, Executive Vice President, Iowa State Bank, 627 E Locust, Des Moines, IA 50309 and the FDIC Regional Director. Your letter, together with a response by us, will be considered by the FDIC in evaluating our CRA performance and may be made public.

You may ask to look at any comments received by the FDIC Regional Director. You may also request from the FDIC Regional Director an announcement of our applications covered by the CRA filed with the FDIC. We are an affiliate of Iowa State Bank Holding Company, a bank holding company. You may request from the Regional Director, Supervision and Regulation Department, Federal Reserve Bank of Chicago, 230 South La Salle Street, Chicago,  IL  60604, or by telephone at 312-322-5322 for an announcement of applications covered by the CRA filed by bank holding companies.


CRA Public Comments
CRA Public Comments address the bank’s performance in helping meet the community credit needs. Iowa State Bank has not received any comments in the current year and prior two calendar years.
CRA Performance Evaluation
Read the bank’s most recent CRA Performance Evaluation, which documents the bank’s record of meeting the credit needs of it’s communities, including low-to-moderate income neighborhoods. Iowa State Bank holds an “Outstanding” CRA rating.
Iowa State Bank Locations and Hours

Iowa State Bank has 5 branches located in the Des Moines, IA area. Find locations and hours here.

Iowa State Bank serves these market areas with offices located at the following addresses as designated by geographical census tracts which reflect a changing demographic as of 2023:

Address                                                                             Census                                      Tract Income

627 East Locust, Des Moines, IA                                  51.01                                            Upper
3818 Hubbell Avenue, Des Moines, IA                        1.01                                              Low
6410 SW 9th Street, Des Moines, IA                           47.01                                            Moderate
3601 EP True Parkway, West Des Moines, IA            110.21                                           Middle
2301 128th Street, Urbandale, IA                                  113.04                                          Upper

Branch Openings and Closing

Branches Opened and Closed in 2021 - None.

Branches Opened and Closed in 2022 - None.

Branched Opened and Closed YTD in 2023 - None.

Loan to Deposit Information

Quarter-ending                                     Loan to Deposit Ratio

03/31/23                                                      71.8
06/30/23                                                     68.2
09/30/23                                                     71.1
12/31/23                                                       72.0

Personal and Business Banking Products & Services
Iowa State Bank offers a wide variety of personal and business banking products and services to meet our communities’ financial needs. Access the Consumer & Commercial Account Fee Schedule for more details.
Iowa State Bank Assessment Areas
Iowa State Bank Assessment Areas represent geographic locations including census tracts and demographic data in which the bank provides its products and services.
Home Mortgage Disclosure Act (HMDA) Disclosure Statement

HMDA data about our residential mortgage lending is available online for review. The data shows geographic distribution of loans and applications, ethnicity, race, sex, age, and income of applicants and borrowers, and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. Find this information by visiting the Consumer Financial Protection Bureau.

Questions and comments can be directed to:

Iowa State Bank
ATTN: Marsha Kephart, EVP Risk Management
627 E. Locust Street
Des Moines, IA 50309


Phone: 515-288-0111