Midwest Heritage Bank, FSB is a savings bank headquartered in West Des Moines, Iowa, in business for about 96 years. At the end of Q2 2026 it reported $768.3M in total assets and $649.6M in deposits, with 13 offices.
Midwest Heritage Bank, FSB has a TellerScore of 68 out of 100 (moderate) based on Q2 2026 data — higher than only 37% of its 2,650 banks with $100 million – $1 billion. Among 226 banks headquartered in Iowa, it ranks 151st. Earnings contributes the most (90/100, 1.75%); loan quality contributes the least (41/100, 1.78%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 18 points (86 → 68), mostly because the loan quality component weakened by 55 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 80 |
| Q3 2024 | 79 |
| Q4 2024 | 79 |
| Q1 2025 | 82 |
| Q2 2025 | 86 |
| Q3 2025 | 75 |
| Q4 2025 | 72 |
| Q1 2026 | 66 |
| Q2 2026 | 68 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 12.04% |
| Q3 2024 | 12.30% |
| Q4 2024 | 12.33% |
| Q1 2025 | 12.53% |
| Q2 2025 | 13.27% |
| Q3 2025 | 13.64% |
| Q4 2025 | 14.08% |
| Q1 2026 | 14.10% |
| Q2 2026 | 12.82% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.08% |
| Q3 2024 | 0.07% |
| Q4 2024 | 0.09% |
| Q1 2025 | 0.29% |
| Q2 2025 | 0.11% |
| Q3 2025 | 1.26% |
| Q4 2025 | 1.58% |
| Q1 2026 | 1.64% |
| Q2 2026 | 1.78% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.61% |
| Q3 2024 | 1.50% |
| Q4 2024 | 1.67% |
| Q1 2025 | 2.76% |
| Q2 2025 | 2.30% |
| Q3 2025 | 2.02% |
| Q4 2025 | 1.90% |
| Q1 2026 | 0.93% |
| Q2 2026 | 1.75% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 68 | $768.3M | 12.82% | 1.78% | 1.75% | 80.3% |
| Q1 2026 | 66 | $490.0M | 14.10% | 1.64% | 0.93% | 95.2% |
| Q4 2025 | 72 | $491.6M | 14.08% | 1.58% | 1.90% | 109.4% |
| Q3 2025 | 75 | $478.5M | 13.64% | 1.26% | 2.02% | 112.2% |
| Q2 2025 | 86 | $491.5M | 13.27% | 0.11% | 2.30% | 101.9% |
| Q1 2025 | 82 | $489.6M | 12.53% | 0.29% | 2.76% | 95.1% |
| Q4 2024 | 79 | $501.6M | 12.33% | 0.09% | 1.67% | 105.4% |
| Q3 2024 | 79 | $467.5M | 12.30% | 0.07% | 1.50% | 103.5% |
| Q2 2024 | 80 | $464.7M | 12.04% | 0.08% | 1.61% | 97.4% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Iowa
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| First Central State BankBank Dewitt, IA | 83 out of 100, Strong | $772.4M | 13.4% | 0.21% | vs |
| Green Belt Bank & TrustBank Iowa Falls, IA | 71 out of 100, Strong | $758.7M | 9.2% | 0.04% | vs |
| City State BankBank Norwalk, IA | 72 out of 100, Strong | $787.9M | 9.4% | 0.27% | vs |
| Decorah Bank & Trust CompanyBank Decorah, IA | 74 out of 100, Strong | $794.1M | 10.4% | 0.49% | vs |
| First BankBank Waverly, IA | 78 out of 100, Strong | $739.9M | 12.7% | 0.54% | vs |
| Manufacturers Bank & Trust CompanyBank Forest City, IA | 68 out of 100, Moderate | $738.2M | 10.4% | 0.94% | vs |
Deposit insurance
Is my money safe at Midwest Heritage Bank, FSB?
Yes. Midwest Heritage Bank, FSB is an FDIC-insured institution (FDIC certificate #4432). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 35.4% of deposits ($230.2M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 12.82%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 15.81% (benchmark: 10%).
13 locations
Branches
Midwest Heritage Bank, FSB lists 12 offices in 11 cities. Most locations:
- West Des Moines, IA (2)
- Ames, IA (1)
- Carroll, IA (1)
- Chariton, IA (1)
- Coon Rapids, IA (1)
- Des Moines, IA (1)
- Glidden, IA (1)
- Grimes, IA (1)
- Lake City, IA (1)
- Urbandale, IA (1)
- Windsor Heights, IA (1)
HMDA 2025
Mortgage lending
In 2025, Midwest Heritage Bank, FSB reported 327 home-loan applications under HMDA (LEI 254900FI363837PZX856): 228 originated ($62,970,000 total), 51 denied, and 47 withdrawn or closed by the applicant. Its denial rate on decided applications was 18.2%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Midwest Heritage Bank, FSB
- Former names
- National Bank and Trust Company of Chariton
- Type
- Savings bank
- FDIC certificate #
- 4432
- RSSD ID
- 203043
- Primary regulator
- OCC
- Holding company
- Hy-Vee Inc
- Established
- April 1, 1930
- Headquarters
- 3580 Ep True Pkwy, West Des Moines, IA 50265
- Website
- www.midwestheritage.com
- Employees
- 164
Quick answers
Midwest Heritage Bank, FSB: common questions
Is Midwest Heritage Bank, FSB FDIC insured?
Yes. Midwest Heritage Bank, FSB is an FDIC-insured institution (FDIC certificate #4432). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Midwest Heritage Bank, FSB's TellerScore?
68 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Midwest Heritage Bank, FSB ever failed?
There is no failure record for FDIC certificate #4432 in the FDIC failed bank list.
How many branches does Midwest Heritage Bank, FSB have?
13 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near West Des Moines
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Lamoure Credit UnionCredit union Lamoure, ND | 98 out of 100, Very strong | $38.8M | 18.9% | 0.00% | vs |
| ITS BankBank Johnston, IA | 98 out of 100, Very strong | $45.2M | 97.5% | 0.00% | vs |
| Iowa State BankBank Des Moines, IA | 95 out of 100, Very strong | $480.5M | 15.9% | 0.00% | vs |
| Journey Credit UnionCredit union Des Moines, IA | 85 out of 100, Very strong | $97.6M | 16.9% | 1.11% | vs |
| Serve Credit UnionCredit union Des Moines, IA | 84 out of 100, Strong | $101.3M | 18.1% | 0.81% | vs |
| Charter BankBank Johnston, IA | 83 out of 100, Strong | $227.5M | 11.0% | 0.00% | vs |