Bank Branches › Iowa › Madison County
Banks in Madison County, Iowa
Madison County has 8 bank offices, matching its peak (first reached in 1994). They belong to 4 banks, led by Farmers and Merchants State Bank with 3.
8
offices, 2026
8
peak (1994)
3
no longer reported
$466M
deposits booked
Map
open (8)no longer reported (2 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 1994PEAK | 8 | $150M | |
| Jun 30 1995 | 7 | −1 | $148M |
| Jun 30 2000 | 8 | · | $182M |
| Jun 30 2005 | 8 | · | $209M |
| Jun 30 2010 | 8 | · | $236M |
| Jun 30 2015 | 8 | · | $279M |
| Jun 30 2020 | 8 | · | $358M |
| Jun 30 2025 | 8 | · | $448M |
| Jun 30 2026NOW | 8 | · | $466M |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994PEAK | 8 | $150M | |
| Jun 30 1995 | 7 | −1 | $148M |
| Jun 30 1996 | 7 | · | $149M |
| Jun 30 1997 | 7 | · | $152M |
| Jun 30 1998 | 8 | +1 | $168M |
| Jun 30 1999 | 8 | · | $170M |
| Jun 30 2000 | 8 | · | $182M |
| Jun 30 2001 | 8 | · | $189M |
| Jun 30 2002 | 8 | · | $193M |
| Jun 30 2003 | 8 | · | $200M |
| Jun 30 2004 | 8 | · | $207M |
| Jun 30 2005 | 8 | · | $209M |
| Jun 30 2006 | 8 | · | $213M |
| Jun 30 2007 | 8 | · | $215M |
| Jun 30 2008 | 8 | · | $226M |
| Jun 30 2009 | 8 | · | $224M |
| Jun 30 2010 | 8 | · | $236M |
| Jun 30 2011 | 8 | · | $247M |
| Jun 30 2012 | 8 | · | $269M |
| Jun 30 2013 | 8 | · | $277M |
| Jun 30 2014 | 8 | · | $278M |
| Jun 30 2015 | 8 | · | $279M |
| Jun 30 2016 | 8 | · | $299M |
| Jun 30 2017 | 7 | −1 | $308M |
| Jun 30 2018 | 8 | +1 | $309M |
| Jun 30 2019 | 8 | · | $336M |
| Jun 30 2020 | 8 | · | $358M |
| Jun 30 2021 | 8 | · | $394M |
| Jun 30 2022 | 8 | · | $427M |
| Jun 30 2023 | 8 | · | $424M |
| Jun 30 2024 | 8 | · | $424M |
| Jun 30 2025 | 8 | · | $448M |
| Jun 30 2026NOW | 8 | · | $466M |
Banks in Madison County
| Bank | Offices | Deposits here |
|---|---|---|
| Farmers and Merchants State Bank | 3 | $210M |
| Union State Bank | 2 | $121M |
| Earlham Savings Bank | 2 | $89.0M |
| American State Bank | 1 | $45.8M |
Every bank office open in Madison County
| Bank | Address | Deposits |
|---|---|---|
| Farmers and Merchants State BankFarmers And Merchants State Bank | 101 W Jefferson StWinterset 50273 | $182M |
| Union State Bank | 611 W Highway 92Winterset 50273 | $121M |
| Earlham Savings BankEarlham Branch | 130 N Chestnut AveEarlham 50072 | $84.8M |
| American State BankSouth John Wayne Drive Branch | 809 N John Wayne DrWinterset 50273 | $45.8M |
| Farmers and Merchants State BankSt Charles Branch | 317 E Main StSaint Charles 50240 | $28.3M |
| Earlham Savings BankBevington Office Of Earlham Savings Bank | 203 W Highway 92Bevington 50033 | $4.2M |
| Union State BankTruro Branch | 160 E Garfield StTruro 50257 | $0 |
| Farmers and Merchants State BankMotor Branch | 722 N 1st StWinterset 50273 · Drive-through / facility office | $0 |
Sorted by deposits booked on June 30, 2026. "Opened" is the establishment date in the FDIC record.
Offices no longer reported
Offices in Madison 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 |
|---|---|---|
| Union State Bank | 611 West Highway 92Winterset 50273 | 2016 |
| Union State Bank | 615 East Highway 92Winterset 50273 | 2013 |
| Farmers and Merchants State Bank | 113 South John Wayne DriveWinterset 50273 | 1994 |
County FIPS 19121 · 561 square miles of land (2024 Census Gazetteer).