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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.
Hills Bank is an independent community bank based in Hills, Iowa, U.S.A., with 500 employees across 19 offices in four Eastern Iowa counties and total assets of $4.5 billion. Hills Bank is the 3rd largest bank headquartered in Iowa. Its headquarters are in Hills, IA, a town of fewer than 1,000 people located south of Iowa City. The bank was ...
By 1993, the bank changed its name from First Federal Savings and Loan Association of Storm Lake to First Federal Savings Bank of the Midwest, a subsidiary of First Midwest Financial, Inc. [6] On September 20, 1993, 1.9 million shares of stock in First Midwest Financial, Inc., were issued at $10 per share and began trading on the NASDAQ stock ...
In the early 1990s, First National changed its name to Hawkeye Bank of Dubuque when it merged with several other Iowa banking concerns. [1] A few years later, the bank was merged into the Mercantile Bank corporation. Mercantile Bank was then acquired by Firstar Bank in 1999, which also had branches in Dubuque.
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In May 2015, the bank acquired Central Bancshares of Golden Valley, Minnesota for $134 million in cash and stock. [6] In 2017, the bank opened its first branch in Denver, Colorado. [7] In June 2018, Barry S. Ray was hired as the Chief Financial Officer. In November 2022, Charles N. Reeves was hired as the Chief Executive Officer.
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