Bank Branches › Iowa › Clay County
Banks in Clay County, Iowa
Clay County has 11 bank offices, 2 fewer than its peak of 13 in 1999 (−15%). They belong to 7 banks, led by State Bank with 3.
11
offices, 2026
13
peak (1999)
3
no longer reported
$1.2B
deposits booked
Map
open (11)no longer reported (1 of 3 have map coordinates)
The county's passbook
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 9 | $320M | |
| Jun 30 1995 | 10 | +1 | $337M |
| Jun 30 1999PEAK | 13 | +1 | $378M |
| Jun 30 2000 | 12 | −1 | $382M |
| Jun 30 2005 | 12 | · | $452M |
| Jun 30 2010 | 12 | · | $602M |
| Jun 30 2015 | 12 | · | $752M |
| Jun 30 2020 | 11 | · | $969M |
| Jun 30 2025 | 11 | · | $1.1B |
| Jun 30 2026NOW | 11 | · | $1.2B |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 9 | $320M | |
| Jun 30 1995 | 10 | +1 | $337M |
| Jun 30 1996 | 10 | · | $340M |
| Jun 30 1997 | 10 | · | $341M |
| Jun 30 1998 | 12 | +2 | $356M |
| Jun 30 1999PEAK | 13 | +1 | $378M |
| Jun 30 2000 | 12 | −1 | $382M |
| Jun 30 2001 | 12 | · | $402M |
| Jun 30 2002 | 12 | · | $400M |
| Jun 30 2003 | 12 | · | $415M |
| Jun 30 2004 | 12 | · | $416M |
| Jun 30 2005 | 12 | · | $452M |
| Jun 30 2006 | 12 | · | $483M |
| Jun 30 2007 | 12 | · | $514M |
| Jun 30 2008 | 12 | · | $552M |
| Jun 30 2009 | 12 | · | $566M |
| Jun 30 2010 | 12 | · | $602M |
| Jun 30 2011 | 12 | · | $630M |
| Jun 30 2012 | 12 | · | $674M |
| Jun 30 2013 | 12 | · | $694M |
| Jun 30 2014 | 12 | · | $726M |
| Jun 30 2015 | 12 | · | $752M |
| Jun 30 2016 | 12 | · | $776M |
| Jun 30 2017 | 12 | · | $794M |
| Jun 30 2018 | 12 | · | $830M |
| Jun 30 2019 | 11 | −1 | $930M |
| Jun 30 2020 | 11 | · | $969M |
| Jun 30 2021 | 11 | · | $1.0B |
| Jun 30 2022 | 11 | · | $1.1B |
| Jun 30 2023 | 11 | · | $1.2B |
| Jun 30 2024 | 11 | · | $1.2B |
| Jun 30 2025 | 11 | · | $1.1B |
| Jun 30 2026NOW | 11 | · | $1.2B |
Banks in Clay County
| Bank | Offices | Deposits here |
|---|---|---|
| State Bank | 3 | $68.2M |
| Northwest Bank | 2 | $289M |
| Community State Bank | 2 | $153M |
| Farmers Trust and Savings Bank | 1 | $557M |
| Farmers Savings Bank | 1 | $54.8M |
| U.S. Bank National Association | 1 | $40.9M |
| West Iowa Bank | 1 | $47.9M |
Every bank office open in Clay County
| Bank | Address | Deposits |
|---|---|---|
| Farmers Trust and Savings BankFarmers Trust And Savings Bank | 125 W 4th StSpencer 51301 | $557M |
| Northwest BankSpencer Branch | 705 Grand AveSpencer 51301 | $289M |
| Community State Bank | 1812 Highway BlvdSpencer 51301 | $128M |
| Farmers Savings Bank | 10 Highway Avenue NorthwestFostoria 51340 | $54.8M |
| West Iowa BankHome State Branch | 202 3rd AveRoyal 51357 | $47.9M |
| U.S. Bank National AssociationSpencer Branch | 126 Grand AveSpencer 51301 | $40.9M |
| State Bank301 North Main Street Branch | 301 N Main StEverly 51338 | $30.4M |
| State Bank | 728 Grand AveSpencer 51301 | $27.0M |
| Community State BankWebb Branch | 115 Main StWebb 51366 | $25.7M |
| State BankPeterson Branch | 215 Main StPeterson 51047 | $10.8M |
| Northwest Bank | 705 Grand AveSpencer 51301 | $0 |
Sorted by deposits booked on June 30, 2026. "Opened" is the establishment date in the FDIC record.
Offices no longer reported
Offices in Clay County that filed a report in some year from 1994 on and are missing from 2026. Most closed; some were sold to non-banks or converted. Newest departures first.
| Last bank on the sign | Address | Last report |
|---|---|---|
| U.S. Bank National Association | 1404 4th Avenue WestSpencer 51301 · Mobile / seasonal office | 2018 |
| Northwest FSB | 825 South Grand AvenueSpencer 51301 | 2000 |
| Mercantile Bank MidWest | Clay County FairSpencer 51301 · Drive-through / facility office | 1999 |
County FIPS 19041 · 567 square miles of land (2024 Census Gazetteer).