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Banking in the Sioux City Area
Sioux City is a city in northwest Iowa, which shares a border with both Nebraska and South Dakota. Sioux City has about 82,000 people, making it the fourth-largest city in Iowa. The larger Sioux City area covers several counties in Iowa, Nebraska and South Dakota, and includes the cities of Norfolk, Le Mars, Spencer, Storm Lake, Wayne, Estherville, Hartington, Onawa, Spirit Lake, North Sioux City, and South Sioux City. It has a population of nearly 170,000 people.
Sioux City's largest private employers are food and healthcare companies, but the City has a very large banking industry for its size. There are 86 banks and 11 credit unions that have headquarters in the Sioux City area. Notable institutions with headquarters in the region include MetaBank, Northwest Bank, United Bank of Iowa, The Security National Bank of Sioux City, Iowa, and American State Bank. The oldest bank with headquarters in the area that is still operating today is Valley Bank & Trust, which was established in 1878. Including financial institutions that are headquartered elsewhere but operate locally, the Sioux City area has nearly 120 banks and 15 credit unions with approximately 350 branches.
