Principal Bank is a bank based in Des Moines, Iowa, established in 1998, with $9.6 billion in total assets across 1 branch. By Trust Grade it ranks 220th of 226 banks we track in Iowa. Its capital ratio of 5.0% trails most similarly sized banks (1th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.71% return on assets. No consumer complaints against Principal Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Principal Bank compares to Iowa peers
How we graded Principal Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (5.0% capital ratio)
- Strongly profitable (ROA 1.71%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Principal Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 750 Park Street, Des Moines, IA 50309
Are deposits at Principal Bank insured?
Yes. Principal Bank is an FDIC-insured bank (FDIC certificate #34507). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Principal Bank: frequently asked questions
Is Principal Bank a good bank?
Principal Bank earns a Bankzia Trust Grade of B (80/100, "Strong"), based on a financial-strength score of 80/100 (it has no CFPB complaints on record). Well-capitalized (5.0% capital ratio); Strongly profitable (ROA 1.71%).
Is Principal Bank FDIC-insured?
Yes. Principal Bank is a FDIC-insured bank (FDIC certificate #34507). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Principal Bank?
Principal Bank holds $9.6 billion in total assets, ranking 220th of 226 banks we track in Iowa. It operates 1 branch.
Does Principal Bank have CFPB complaints?
No CFPB complaints against Principal Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
