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Application Status

# Applications will be removed from this listing one month after they become effective.
    Click HERE for a full listing of effective applications.
Bank City Type Accepted Approved Effective # Location Comment
Garrett Bancshares Ltd. Bloomfield Change of Control 03/22/2023 03/24/2023   Bloomfield Application by Neal D. Logan, West Des Moines, Iowa, to retain and to acquire voting shares of Garrett Bancshares, LTD, and thereby indirectly acquire control of Success Bank, both of Bloomfield.
Bedford Bancorp Bedford Change of Control 03/21/2023 Pending     Application for James Larkin to acquire approximately 30 percent of Bedford Bancorp, Bedford.
First Security Bank and Trust Company Charles City Relocate a Bank Office 03/21/2023 03/22/2023   Ionia Application by First Security Bank and Trust Company, Charles City, to relocate a bank office in Ionia from 201 West Main Street to 404 West Main Street.
Security State Bank Springville Merge With and Into 03/07/2023 03/27/2023     Application to merge Security State Bank, Springville, with and into Citizens State Bank, Monticello, as the resulting state-chartered bank.
Capra Bank Montezuma Establish a Bank Office 02/27/2023 03/02/2023 04/03/2023 Dubuque Application by Capra Bank, Montezuma, to establish a bank office at 955 Washington Street, Suite 107, Dubuque.
Dubuque Bank and Trust Company Dubuque Relocate Principal Place of Business 02/14/2023 03/16/2023   Dubuque Application by Dubuque Bank and Trust Company, Dubuque, to relocate principal place of business in Dubuque from 1398 Central Avenue to 700 Locust Street.
Iowa State Bank Hull Establish a Bank Office 02/06/2023 03/02/2023 03/27/2023 Galva Application by Iowa State Bank, Hull, to establish a bank office at 125 Main Street, Galva.
Washington State Bank Washington Establish a Bank Office 01/25/2023 01/26/2023   Pella Application by Washington State Bank, Washington, to establish a bank office at 703 Main Street, Pella.
Audubon State Bank Audubon Relocate Principal Place of Business 01/05/2023 01/30/2023 04/01/2023   Application by Audubon State Bank, Audubon, to relocate principal place of business in Audubon from 315 Broadway Street to 307 Broadway Street.
Peoples Bank Clive Establish a Bank Office 12/27/2022 01/23/2023   Boone Application by Peoples Bank, Clive, to establish a bank office at 1212 Hawkeye Drive 2, Boone.
Morning Sun Bank Corp. Wapello Change of Control 12/15/2022 12/16/2022     Application for Elizabeth Brennan to acquire approximately 70 percent of Morning Sun Bank Corp., Wapello, thereby indirectly acquiring control of BANK, Wapello.
MidWestOne Bank Iowa City Establish a Bank Office 12/12/2022 12/19/2022   Cedar Rapids Application by MidWestOne Bank, Iowa City, to establish a bank office at 3600 First Avenue, NE, Suite 101, Cedar Rapids.
Peoples Savings Bank Indianola Establish a Bank Office 11/22/2022 12/13/2022   Chariton Application by Peoples Savings Bank, Indianola, to establish a bank office at 2005 Court Avenue, Chariton.
FSB Financial Services Inc. Waterloo Change of Control 11/04/2022 01/09/2023   Waterloo Application by FSB Financial Services, Inc., Waterloo, to acquire 33 percent of Scenic Community Bancshares Corporation, Iowa Falls.
Iowa Falls State Bank Iowa Falls Change of Control 11/04/2022 01/09/2023 03/17/2023 Iowa Falls Application by Scenic Community Bancshares Corporation, Iowa Falls, to acquire 100 percent of Iowa Falls State Bank, Iowa Falls, from Barlow Banking Corporation.
Capra Bank Montezuma Change of Control 10/05/2022 10/10/2022   Montezuma Application by Capra Financial, Inc., Montezuma, to become a bank holding company through the acquisition of 100 percent of Peoples Savings Bank, Montezuma.
Community Savings Bank Edgewood Relocate a Bank Office 07/21/2022 08/01/2022   Garnavillo Application by Community Savings Bank, Edgewood, to relocate a bank office in Garnavillo from 101 South Main Street to 103 West Clayton Street.
Availa Bank Carroll Establish a Bank Office 07/08/2022 08/02/2022   Omaha, Nebraska Application by Availa Bank, Carroll, to establish a bank office at 18881 West Dodge Road, Omaha, Nebraska.
Iowa Trust & Savings Bank Emmetsburg Relocate a Bank Office 06/28/2022 06/29/2022   Clive Application by Iowa Trust & Savings Bank, Emmetsburg, to relocate a bank office in Clive from 12035 University Avenue to 15591 Hickman Road.
Farmers State Bank Waterloo Relocate a Bank Office 03/31/2022 04/18/2022     Application by Farmers State Bank, Waterloo, to relocate West Des Moines office from 9250 University Avenue, Suites 117-119, to intersection of University Avenue and 98th Street.
West Bank West Des Moines Relocate Principal Place of Business 12/03/2021 12/22/2021   West Des Moines Application by West Bank, West Des Moines to relocate principal place of business in West Des Moines from 1601 22nd Street to 3330 Westown Parkway.
American State Bank Sioux Center Establish a Bank Office 11/24/2021 11/29/2021   Sioux Center Application by American State Bank, Sioux Center, to establish a bank office at 675 North Main Avenue, Sioux Center.
West Bank West Des Moines Establish a Bank Office 06/07/2021 06/10/2021   Mankato, MN Application by West Bank, West Des Moines, to establish a bank office in Mankato, Minnesota. No address yet; legal description of location is Lot 2, Block 1, except the north 41 feet thereof, Eastwood Industrial Center No. 3.
Britt Bancshares, Inc. St. Paul Change of Ownership   04/05/2022     Application for the Timothy A. Sexton Revocable 2021 Trust, Timothy A. Sexton as trustee, both of Randalia; the Thomas J. Sexton Trust, Thomas J. Sexton as trustee, both of St. Paul, Minnesota; the Mark J. Sexton Grantor Trust, Mark J. Sexton as trustee, both of St. Paul, Minnesota; the Jennifer S. Walther Grantor Trust, Jennifer S. Walther as trustee, both of St. Paul, Minnesota; and the Andrew G. Sexton Grantor Trust, St. Paul, Minnesota, Andrew G. Sexton as trustee, Cedar Falls, intend to apply for permission to become members of the Sexton Family Control Group, a group acting in concert, to retain voting shares of Britt Bancshares, Inc., St. Paul, Minnesota, and thereby indirectly retain voting shares of First State Bank, Britt.