PRESS RELEASE
UNITED BANK OFIOWA EXPANDS TO BOONE, IOWA
United Bank of Iowa is pleased to announce the addition of a new office, pending regulatory approval, in Boone, Iowa. Targeted to open in November, 2017, United Bank of Iowa will be located at 1609 Hawkeye Drive. Initially, the bank will conduct business in a temporary building at this location until a new facility can be constructed at the site.
Owen C. Bolte, President & CEO of United Bank of Iowa, stated, “As our Carroll, Glidden, Churdan, and Fort Dodge offices continue to grow and serve more neighboring communities, expanding to Boone is the next logical step to serve this market area. Boone has a vibrant and growing business community and we are excited to be a part of their progress.”
Bolte continued, “As the largest independent ag bank head quartered in Iowa, we are especially excited to join a community with a strong agricultural base that is the Iowa home of the Farm Progress Show. United Bank of Iowa has a strong commitment to support local farmers, families, and business people. We look forward to offering the convenience and value today’s customer is looking for and taking an active role in Boone and the surrounding communities.”
United Bank of Iowa, wholly owned by the holding company, Ida Grove Bancshares, Inc., of Ida Grove, Iowa, has 26 offices serving rural west central Iowa and assets exceeding $1.4 billion.