2024 Community Impact Report
As we look back on 2024, we are pleased to have this opportunity to share the achievements, progress, and impact of Iowa State Savings Bank over the past year.
Below are highlights from our report. We invite you to take a moment and read about all of our accomplishments and community efforts in our full 2024 Community Impact Report. Thank you for your continued trust and support.
2024 Community Impact Report | Inquire Form
Community Reinvestment
We believe in making a meaningful difference by reinvesting in the communities we call home. Through donations, volunteer efforts, and financial education programs, we’re proud to support local growth and contribute to the vitality of our communities. In 2024, we volunteered for a total of 3,151 hours, served on 34 boards, and held 21 officer positions.
Partnerships
We take pride in our relationship-first approach to doing business. As a local team, we’re here to help individuals and businesses succeed. We're all about building meaningful connections and creating lasting partnerships along the way. We proudly serve 8,181 customers in 50 counties across Iowa.
Continuing Legacies
We are honored to serve as Trustee for The W.D. & Shirley Schafer-Ray Educational Trust. On behalf of the Trust, we award scholarships to local students from Adair, Adams, Taylor, and Union County. Over the past 3 years, we've awarded a total of $658,800 through 141 scholarships. This Trust is designed to award millions of dollars to our area students.
Loans
Over the past five years, we've seen a significant increase in both the number of loans and the loan amounts we’ve financed. In 2024, our loan volume grew by 7.8% compared to the community banks' national average of 5.1%.*
Deposits
Our deposit accounts are designed to support both business and personal finances. Last year, we opened 1,426 new accounts and our deposit volume increased by 6.6% compared to national average of 1.8%.**
2024 was one of our most successful years yet, and we’re excited for what’s ahead. With new projects and offerings on the way, our commitment to our customers and communities remains stronger than ever. Every decision we make is driven by our vision to help you achieve financial success and create a lasting impact. We invite you to read our full 2024 Community Impact Report.
2024 Community Impact Report
*FDIC Quarterly Banking Profile Fourth Quarter 2024 | FDIC.gov
**Federal Reserve of St. Louis: 2024 Deposits | StLouisFed.org