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The bank was purchased by Central Bancshares, Inc., on April 1, 2015 and concurrently merged into Central State Bank, Muscatine, Iowa. It continued to operate under its former name, as an office of Central State Bank until September 1, 2015, when all Central State Bank locations were combined under the same name and branding of CBI Bank & Trust.
The subsidiary bank was formed in 1934 as the Iowa State Bank & Trust Company in Iowa City, Iowa by Ben S. Summerwill. [3]In 1983, ISB Financial Corp. was established as a closely held bank holding company for Iowa State Bank & Trust Company.
Over the years it was known as Cedar County Bank, First National Bank of Tipton, and City National Bank. The directors of City National Bank voted on March 28, 1923, to build a new bank building. They hired the Clinton, Iowa architectural firm J.C. Woods & Co. to design the Neoclassical style structure. Construction was completed in 1924.
State Savings Bank, also known as the Old Savings Bank, is a historic building located in Council Bluffs, Iowa, United States. the bank was established in 1889, and was originally located across the street. Planning for this building began in 1941 with the organization of the State Investment Company, which would build and own the building.
Johnson County Savings Bank, also known as Iowa State Bank, is a historic building located in Iowa City, Iowa, United States.Completed in 1912, it is a six-story, brick structure that rises to a height of 72.45 feet (22.08 m). [2]
Lauritzen Corporation is a financial and interstate bank holding company headquartered in Omaha, Nebraska, US.Lauritzen Corporation currently has bank branches in Nebraska and Iowa, and has total assets of approximately $1.36 billion. [1]
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The Peoples Savings Bank in Cedar Rapids, Iowa, was designed by Louis Sullivan. It was the second of a number of small "jewel box" banks in midwest towns designed by Sullivan during 1907 to 1919. [ 2 ]