Bank · FDIC insured
Midwest Heritage
A $768.3M bank headquartered in West Des Moines, IA, with 12 branches in Iowa. Best rates: CDs 4.50% and savings 0.85% APY.
Midwest Heritage Carrot Score
86
Carrot Score
Higher than 74% of U.S. banks and credit unions
#19 of 53 in Des Moines, IA metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Midwest Heritage
Serving local communities since 1930, Midwest Heritage is a full-service financial institution headquartered in West Des Moines, Iowa, with nine locations.
Midwest Heritage has operated as a subsidiary of supermarket company Hy-Vee since 1986.
- Headquarters
- 3580 Ep True Pkwy, West Des Moines, IA 50265
- FDIC certificate
- 4432 ↗
Branches
12 branches in Iowa
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Iowa
12 branches
Des Moines area · 6
- Midwest Heritage Bank, FSBMain office3580 Ep True Pkwy, West Des Moines, IA 50265Directions
- Fleur Drive4605 Fleur Dr, Des Moines, IA 50321Directions
- Grimes Branch221 Ne Gateway Dr, Grimes, IA 50111Directions
- Urbandale Branch8701 Douglas Ave, Urbandale, IA 50322Directions
- Wdm 3 Hv Branch1725 Jordan Creek Pkwy, West Des Moines, IA 50266Directions
- Windsor Heights Branch7101 University Ave, Windsor Heights, IA 50324Directions
Carroll area · 3
- Iowa Savings Branch510 W Us Highway 30, Carroll, IA 51401Directions
- Iowa Savings Bank/Coon Rapids Branch118 5th Ave, Coon Rapids, IA 50058Directions
- Glidden Branch705 Arizona St, Glidden, IA 51443Directions
Ames area · 1
- Ames Branch640 Lincoln Way, Ames, IA 50010Directions
Chariton area · 1
- Chariton Branch1025 Braden Ave, Chariton, IA 50049Directions
Lake City area · 1
- 106 North Illinois St Branch106 N Illinois St, Lake City, IA 51449Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 12.82% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.78% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.75% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $82 | $81 | — |
- CapitalLeverage ratio12.82%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.78%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.75%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$82Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Midwest Heritage are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.