Bank Branches › Iowa › Montgomery County
Banks in Montgomery County, Iowa
Montgomery County has 6 bank offices, 4 fewer than its peak of 10 in 1997 (−40%). They belong to 3 banks, led by Bank Iowa with 2.
6
offices, 2026
10
peak (1997)
6
no longer reported
$375M
deposits booked
Map
open (6)no longer reported (4 of 6 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 | 8 | $164M | |
| Jun 30 1995 | 8 | · | $166M |
| Jun 30 1997PEAK | 10 | +2 | $174M |
| Jun 30 2000 | 10 | · | $222M |
| Jun 30 2005 | 9 | · | $209M |
| Jun 30 2010 | 9 | · | $265M |
| Jun 30 2015 | 8 | · | $299M |
| Jun 30 2020 | 7 | · | $348M |
| Jun 30 2025 | 6 | −1 | $363M |
| Jun 30 2026NOW | 6 | · | $375M |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 8 | $164M | |
| Jun 30 1995 | 8 | · | $166M |
| Jun 30 1996 | 8 | · | $165M |
| Jun 30 1997PEAK | 10 | +2 | $174M |
| Jun 30 1998 | 10 | · | $181M |
| Jun 30 1999 | 10 | · | $193M |
| Jun 30 2000 | 10 | · | $222M |
| Jun 30 2001 | 10 | · | $203M |
| Jun 30 2002 | 10 | · | $205M |
| Jun 30 2003 | 10 | · | $208M |
| Jun 30 2004 | 9 | −1 | $208M |
| Jun 30 2005 | 9 | · | $209M |
| Jun 30 2006 | 9 | · | $223M |
| Jun 30 2007 | 9 | · | $233M |
| Jun 30 2008 | 9 | · | $243M |
| Jun 30 2009 | 9 | · | $251M |
| Jun 30 2010 | 9 | · | $265M |
| Jun 30 2011 | 8 | −1 | $272M |
| Jun 30 2012 | 8 | · | $294M |
| Jun 30 2013 | 8 | · | $296M |
| Jun 30 2014 | 8 | · | $306M |
| Jun 30 2015 | 8 | · | $299M |
| Jun 30 2016 | 8 | · | $298M |
| Jun 30 2017 | 8 | · | $291M |
| Jun 30 2018 | 8 | · | $296M |
| Jun 30 2019 | 7 | −1 | $315M |
| Jun 30 2020 | 7 | · | $348M |
| Jun 30 2021 | 7 | · | $373M |
| Jun 30 2022 | 7 | · | $398M |
| Jun 30 2023 | 7 | · | $389M |
| Jun 30 2024 | 7 | · | $371M |
| Jun 30 2025 | 6 | −1 | $363M |
| Jun 30 2026NOW | 6 | · | $375M |
Banks in Montgomery County
| Bank | Offices | Deposits here |
|---|---|---|
| Bank Iowa | 2 | $176M |
| Houghton State Bank | 2 | $129M |
| First Interstate Bank | 2 | $70.0M |
Every bank office open in Montgomery County
| Bank | Address | Deposits |
|---|---|---|
| Bank IowaBank Iowa Red Oak Branch | 1805 N Broadway StRed Oak 51566 | $131M |
| Houghton State Bank | 116 E Coolbaugh StRed Oak 51566 | $122M |
| First Interstate BankRed Oak Branch | 2100 Commerce DrRed Oak 51566 | $44.6M |
| Bank IowaVillisca Branch | 300 S 3rd AveVillisca 50864 | $44.5M |
| First Interstate BankStanton Branch | 401 Broad AveStanton 51573 | $25.4M |
| Houghton State BankPlaza Branch | 1609 N Broadway StRed Oak 51566 | $7.7M |
Sorted by deposits booked on June 30, 2026. "Opened" is the establishment date in the FDIC record.
Offices no longer reported
Offices in Montgomery 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 | 323 E Reed StRed Oak 51566 | 2024 |
| Houghton State Bank | 301 Main StreetElliott 51532 | 2018 |
| Great Western Bank | 802 N Broadway StRed Oak 51566 | 2010 |
| TierOne Bankre-filed as office 464942 | 802 N Broadway StRed Oak 51566 | 2009 |
| Bank Iowa | 802 BroadwayRed Oak 51566 | 2003 |
| First Federal Lincoln Bank-Iowa | 519 3rd StRed Oak 51566 | 1998 |
| First Bank, Federal Savings Bank | 802 BroadwayRed Oak 51566 | 1996 |
| First Federal Savings and Loan Association of Lincolnre-filed as office 1326090004 | 519 3rd StRed Oak 51566 | 1994 |
County FIPS 19137 · 424 square miles of land (2024 Census Gazetteer).