Iowa Savings Bank is pleased to announce an agreement to join Midwest Heritage, a Hy-Vee Company, marking an exciting step forward for our customers, employees, and the communities we serve. This partnership brings together two community-focused institutions with shared values of personalized service, local decision-making, and long-term relationships. Together, we look forward to expanding financial services and opportunities across western Iowa while continuing the trusted service you expect. Read the full press release and review our FAQs below for more details on this announcement and what it means for you.
Midwest Heritage is a full-service financial institution with deep Midwest roots and a long history of serving customers. Founded in 1930, it has grown into a trusted community bank offering a wide range of services including personal and business banking, loans, insurance, and investments. Midwest Heritage is headquartered in West Des Moines, Iowa and has branches throughout the Midwest. It has been part of the Hy-Vee family of companies since the 1960s and continues to emphasize personalized service and community involvement. To learn more about Midwest Heritage, please visit midwestheritage.com.
Midwest Heritage is committed to:
It is business as usual. Customers do not need to take any action at this time and should continue to bank as they do today, including:
There are no immediate changes.
There are no immediate changes to your accounts, checks or debit cards. Any future changes related to accounts or services will be communicated clearly and well in advance. In the future you will receive a new debit card, please make sure your mailing address is updated.
No immediate changes are planned. Customers will be notified well in advance if anything changes.
Yes. Your deposits remain safe and FDIC insured during and after the acquisition. All eligible deposits are insured by the FDIC up to applicable limits, and the acquisition does not impact your FDIC coverage.
Loan terms, rates, and payment schedules remain the same.
Trust accounts will continue uninterrupted, with the same trust officers and team.
As we approach the system merger:
Our goal is to make the transition as smooth and seamless as possible.
Customers will receive updates through multiple channels, which may include:
You will receive plenty of notice before any action is required.
Historical online banking documents and statements will not transfer to the new Midwest Heritage system during the system merger. Customers who wish to retain copies of past statements, check images, or other online documents should download and save them from the current system prior to the conversion in June 2026. Additional reminders and instructions will be provided in advance of the system transition to help customers prepare.
Bill Pay payee information and scheduled payments will not transfer to the new system during the system merger. Customers will need to recreate their Bill Pay payees and scheduled payments after the transition.
Before the conversion, we recommend that customers review their current Bill Pay list and make note of any payees and payment details so they can easily set them up again in the new system. Additional instructions and reminders will be provided as the system transition approaches to help make the process as smooth as possible.
This acquisition allows us to:
Customers should continue contacting their usual banker, branch, or relationship manager. If you have questions, please contact:
Our team is happy to help and committed to keeping you informed. To learn more about Midwest Heritage, please visit midwestheritage.com.