Midwest Heritage Bank


Overview / Commentary
515-278-6541
3580 Ep True Parkway, Suite 100
West Des Moines, IA 50265

Midwest Heritage Bank is headquartered in WEST DES MOINES and is the 66th largest bank in the state of Iowa. It is also the 1,882nd largest bank in the nation. It was established in 1930 and as of September of 2024, it had grown to 155 employees at 9 locations. Midwest Heritage Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #4432
Year Established1930
Employees155
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.5%
Return on Equity - YTD12.94%
Annual Interest Income$18MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$467.5MM$437.5MM
LoansQ3 2024vs Q3 2023$365.1MM$337MM
DepositsQ3 2024vs Q3 2023$352.6MM$321.2MM
Equity CapitalQ3 2024vs Q3 2023$55.9MM$48.6MM
Loan Loss AllowanceQ3 2024vs Q3 2023$3.6MM$3.1MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$247K$479K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates

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Locations


Midwest Heritage Bank Locations
Chariton Branch1025 Braden AvenueChariton, IA 50049
74th Street Branch1725 74th StreetWest Des Moines, IA 50266
Midwest Heritage Bank, FSB3580 Ep True PkwyWest Des Moines, IA 50265
Fleur Drive4605 Fleur DriveDes Moines, IA 50321
Ames Branch640 Lincoln WayAmes, IA 50010
Windsor Heights Branch7101 UniversityWindsor Heights, IA 50311
Urbandale Branch8601 Douglas AvenueUrbandale, IA 50322
Overland Park Hy-Vee Branch8900 W 135th StOverland Park, KS 66221

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