Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Iowa › Polk County › 623 High Street

Full-service office · FDIC office no. 278616

Magna Bank, FSB
623 High Street, Des Moines, IA 50309

Last reported 1997

$77.5M
peak deposits
1905
established
—
rank in county
3
names on the sign

This office filed its last FDIC deposit report in 1997. It is missing from every report since, which usually means it closed. The FDIC record doesn't give a reason. Polk County has 132 offices open today, listed below.

This office's passbook1994–1997
DateBank on the signDepositsChange
Jun 30 2026NOT REPORTED missing from the 2026 report (and every year since 1998)
Jun 30 1997Magna Bank, FSBNEW NAME$48.8M−4%
Jun 30 1996Homeland Savings Bank, FSB$50.6M−8%
Jun 30 1995Homeland Savings Bank, FSBNEW NAME$55.0M−29%
Jun 30 1994Midamerica Savings Bank, FSB$77.5M
1905-01-01Office established (FDIC record) — 89 years before this passbook begins

Nearest open offices in Polk County

  1. 74.5 miVISIONBANK OF IOWA · 215 Center Ave S, Mitchellville
  2. 77.0 miVISIONBANK OF IOWA · 1201 Grant St S, Bondurant
  3. 77.6 miCommunity State Bank · 2750 Ne 36th St, Ankeny
  4. 79.2 miBank Iowa · 420 8th St Se, Altoona
  5. 79.2 miU.S. Bank National Association · 111 8th St Se, Altoona
  6. 79.3 miCommunity State Bank · 200 8th St Se, Altoona
  7. 79.4 miCentral Bank · 2805 N Ankeny Blvd, Ankeny
  8. 79.5 miVISIONBANK OF IOWA · 502 8th St Sw, Altoona

All banks in Polk County →
Every Magna Bank, FSB office →
What became of Magna Bank, FSB →

Names on the sign

1994–1994Midamerica Savings Bank, FSB1995–1996Homeland Savings Bank, FSB1997–1997Magna Bank, FSB

The FDIC office number stays with the building when banks merge or rename, so the same office appears under each owner. Follow an earlier name to see what became of that bank.

Deposits are the balances the bank assigned to this office on June 30 of each year, in nominal dollars. Source: FDIC Summary of Deposits, office (UNINUMBR) 278616.