First Heritage Bank is a bank based in Shenandoah, Iowa, established in 1903, with $72 million in total assets across 2 branches. By Trust Grade it ranks 122nd of 226 banks we track in Iowa. Its capital ratio of 9.7% trails most similarly sized banks (27th percentile), versus a Iowa median of 10.2%. It was profitable over the most recent period, with a 1.85% return on assets. No consumer complaints against First 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 First Heritage Bank compares to Iowa peers
How we graded First Heritage Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.7% capital ratio)
- Strongly profitable (ROA 1.85%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Heritage Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 612 Hartford Ave, Farragut, IA 51639
- 801 S Fremont St, Shenandoah, IA 51601
Are deposits at First Heritage Bank insured?
Yes. First Heritage Bank is an FDIC-insured bank (FDIC certificate #4457). 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.
First Heritage Bank: frequently asked questions
Is First Heritage Bank a good bank?
First Heritage Bank earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (9.7% capital ratio); Strongly profitable (ROA 1.85%).
Is First Heritage Bank FDIC-insured?
Yes. First Heritage Bank is a FDIC-insured bank (FDIC certificate #4457). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Heritage Bank?
First Heritage Bank holds $72 million in total assets, ranking 122nd of 226 banks we track in Iowa. It operates 2 branches.
Does First Heritage Bank have CFPB complaints?
No CFPB complaints against First 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.
