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 63rd largest bank in the state of Iowa. It is also the 1,825th largest bank in the nation. It was established in 1930 and as of March of 2025, it had grown to 150 employees at 9 locations. Midwest Heritage Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #4432
Year Established1930
Employees150
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD2.76%
Return on Equity - YTD22.93%
Annual Interest Income$6.5MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$489.6MM$477.6MM
LoansQ1 2025vs Q1 2024$363.1MM$350.5MM
DepositsQ1 2025vs Q1 2024$381.7MM$379.4MM
Equity CapitalQ1 2025vs Q1 2024$61.6MM$53.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$3.8MM$3.6MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$1.1MM$273K
Real Estate OwnedQ1 2025vs Q1 2024$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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