Applications / Mortgage Analytics / Lenders / Iowa / United Bank of Iowa
Ida Grove, IA · State non-member bank · FDIC · $2.5 billion assets · 351 loans in 2025
United Bank of Iowa's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
351
loans originated, 2025
540
applications, 2025
5
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
United Bank of Iowa lends to borrowers of modest income far more often than similar banks, and it is one of the few that makes rural loans backed by the federal government.
In 2025, 46.8% of its loans went to low- and moderate-income borrowers, against 28.2% at similar lenders, state non-member banks making between half and twice as many loans. Nearly all of them came in lower. The share was 42.3% in 2020, so this is long-standing. Small loans fit the pattern: the typical one was $125,000, against $185,000.
Loans guaranteed by the Department of Agriculture's Rural Housing Service (RHS) made up 7.7% of its lending, down from 11.1% a year earlier. The typical similar lender made none. The rest of its loans were conventional. Its higher-priced share, loans at a rate well above the average for similar loans, was 1.1%, below the 1.8% of similar lenders.
It made 351 loans, up 15% from 306, faster than about two in three similar lenders. Those peers grew 9%, and the market 10%. It is still well short of the 584 loans it made in 2021.
Non-metro Iowa is its biggest market. It ranks 19 of 465 lenders there and has lent there since 1990. GreenState Credit Union and Iowa Bankers Mortgage lead. In Ames it ranks 49 of 189.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. United Bank of Iowa took 540 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 67.2% · Refinance 23.1% · Home improvement 6.8% · Other 2.8%
Conventional 92.3% · USDA (RHS or FSA) 7.7% · of 351 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Iowa | 344 | 98.0% |
| Nebraska | 3 | 0.9% |
| South Dakota | 2 | 0.6% |
| Arizona | 1 | 0.3% |
| Missouri | 1 | 0.3% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Sioux City | 16 |
| Omaha | 15 |
| Ames | 10 |
| Des Moines-West Des Moines | 4 |
| Kansas City | 1 |
| Phoenix-Mesa-Chandler | 1 |
| Rapid City | 1 |
| Waterloo-Cedar Falls | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 2549002OCMCJIOOONI88 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 738040 | 2011–2023 |
| Respondent ID (the HMDA filer code before 2018) | 3958 | 2011–2017 |
Established 4 February 1932. Reported under HMDA 2011-2025.
Mergers, name changes, data editions and corrections: United Bank of Iowa's data.
United Bank of Iowa's data
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United Bank of Iowa and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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