First Newton National Bank is owned and operated by people that call Jasper County home. We pride ourselves on being a great community citizen by being active in the community. Not only has our name not changed in over 80 years but neither have our values. Financially First Newton National is strong and stable, which has ensured our name has stayed the same for our customers and will stay the same for our customers.

Where we came from...

The Bank was forced to close its doors for a short period of time during the bank holiday of the Great Depression. A group of local businessmen reorganized the bank and chartered it as the Newton National Bank. In 1977 the bank was re-titled First Newton National Bank. In 1981 First Newton National Bank acquired the adjacent building for additional space. In 1998 the Bank went through a complete interior remodeling to better utilize space and serve the public.

To this day the Bank continues to be Newton's only locally owned financial institution.      The Bank has always been innovative in the use of new ideas and technology. First Newton National Bank was the first bank in Newton to offer ATM cards and have Automated Teller Machines. In 1997 Bank-by-Phone was added and in early 2000 the Bank began offering Internet Banking to its customers.      First Newton National Bank is still a locally owned, "hometown" bank with a long history of providing efficient, courteous service to all its customers.

 
BANK HISTORY
February, 1932: The Ida County State Bank began banking business in February of 1932. Its first statement in June of that year reported assets of $271,695.00.
April, 1961: The Ida County State Bank and the Arthur Trust and Savings Bank merged. Assets as of December 31, 1960 were $3,636,036.00 for Ida County State Bank and $2,549,557.00 for Arthur Trust and Savings Bank.
1967: The current facility in Ida Grove was built.
June 30, 1989: Purchased First Trust and Savings Bank of Galva with assets of $11,199,782.16.
June 29, 1990: Purchased Sun Savings of Fort Dodge with assets of $17,850,419.31.
February 8, 1991: Purchased American Federal of Denison with assets of $25,859,598.09.
March 5, 1993: Purchased First Federal of Ida Grove with assets of $1,019,118.44.
March 26, 1993: Purchased First Federal of Denison with assets of $9,318,054.01.
May 28, 1994: Purchased Liberty Bank and Trust of Odebolt and Kiron with assets of $15,626,344.43.
March, 1995: The Galva office of Ida County State Bank was sold to American National Bank.
January 1, 1996: Approval was granted to change our name from Ida County State Bank to United Bank of Iowa.
October 4, 1996: Purchased Farmers State Bank of Charter Oak with assets of $6,097,510.01.
July, 1998: Ground breaking to begin remodeling and addition to the Ida Grove facility.
August, 1999: Completion of addition and remodeling of Ida Grove facility.
March, 2001: United Bank of Iowa merged with United Bank of Iowa in Carroll and Churdan which had assets of $29,454,034.00.
June, 2001: Purchased Alliance Bank of Rockwell City and Lake City with assets of $62,484,967.57.
February, 2003: United Bank of Iowa was granted approval to open an office in Schleswig, Iowa.
October, 2004: United Bank of Iowa was granted approval to open an office in Harlan, Iowa.
May, 2006: Completion of new facility in Charter Oak.
September, 2006: Purchased First Bank & Trust Co. of Glidden and Lohrville with assets of $56,940,000.00.
May, 2007: United Bank of Iowa was granted approval to open an office in Storm Lake, Iowa.
April, 2008: Completion of addition of the Ida Grove facility.
August, 2008: Completion of new facility in Storm Lake.
October 1, 2010: United Bank of Iowa merged with American National Bank in Galva, Holstein, Kingsley, Moville, Pierson, Sac City which had assets of $230,000,000.00.
December, 2010: Completion of new facility in Galva.
December, 2010: Purchased Moorhead State Bank of Moorhead with assets of $23,434,435.81.
November, 2011: United Bank of Iowa was granted approval to open an office in Dunlap.
September, 2012: Completion of new facility in Dunlap.
United Bank of Iowa is wholly owned by the holding company, Ida Grove Bancshares, Inc. of Ida Grove, Iowa. United Bank of Iowa also has offices located in Arthur, Carroll, Charter Oak, Churdan, Denison, Dunlap, Fort Dodge, Galva, Glidden, Harlan, Holstein, Kingsley, Kiron, Lake City, Lohrville, Moorhead, Moville, Odebolt, Pierson, Rockwell City, Sac City, Schleswig, and Storm Lake.