Heritage Bank is a bank based in Marion, Iowa, established in 1899, with $38 million in total assets across 3 branches. By Trust Grade it ranks 225th of 226 banks we track in Iowa. Its capital ratio of 5.5% trails most similarly sized banks (2th percentile), versus a Iowa median of 10.2%. It posted a loss over the most recent period (-0.64% return on assets), a point to watch. No consumer complaints against Heritage Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Heritage Bank compares to Iowa peers
How we graded Heritage Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (5.5% capital ratio)
- Unprofitable over the period (ROA -0.64%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Heritage Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 695 Marion Blvd, Marion, IA 52302
- 402 Franklin St, Delhi, IA 52223
- 2250 Blairs Ferry Rd, Hiawatha, IA 52233
Are deposits at Heritage Bank insured?
Yes. Heritage Bank is an FDIC-insured bank (FDIC certificate #18463). 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.
Heritage Bank: frequently asked questions
Is Heritage Bank a good bank?
Heritage Bank earns a Bankzia Trust Grade of D (68/100, "Below average"), based on a financial-strength score of 68/100 (it has no CFPB complaints on record). Well-capitalized (5.5% capital ratio); Unprofitable over the period (ROA -0.64%).
Is Heritage Bank FDIC-insured?
Yes. Heritage Bank is a FDIC-insured bank (FDIC certificate #18463). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Heritage Bank?
Heritage Bank holds $38 million in total assets, ranking 225th of 226 banks we track in Iowa. It operates 3 branches.
Does Heritage Bank have CFPB complaints?
No CFPB complaints against Heritage 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.
