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In 1983, ISB Financial Corp. was established as a closely held bank holding company for Iowa State Bank & Trust Company. In March 2008, ISB Financial Corp. merged with MidWestOne Financial Group, Inc. and took MidWestOne Financial Group, Inc. as the name of the company. [4] In April 2011, then-chairman W. Richard Summerwill retired. [5]
In August, 2016, the downtown Davenport, Iowa branch office of MidwestOne Bank was acquired and merged into the bank. In June, 2020, Walcott Trust and Savings Bank, based in Walcott, Iowa, was merged into CBI Bank & Trust. It had been acquired by Central Bancshares, Inc. the previous December.
A savings account is an interest-earning bank account designed to help you store and grow your money. It’s great for short-term goals, emergency funds or savings you might need to access quickly ...
The most common savings account is a traditional savings account at a bank or credit union. If the bank is a member of the Federal Deposit Insurance Corp. (FDIC) or the credit union is a member of ...
Nearly 96% of U.S. households have a checking or savings account at a bank or credit union, according to the latest FDIC data. For most Americans, banks are simply places to hold your money.
Safety: Money kept in a savings account at an FDIC-insured bank or an NCUA-insured credit union is insured for up to $250,000 per account owner, per financial institution, per ownership category ...
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