Midwest Heritage Bank, FSB
West Des Moines, IA · Owner: Hy-Vee Inc
$768M
total assets, June 30, 2026
$768M
total assets, June 30, 2026
Midwest Heritage Bank, FSB is a savings bank based in West Des Moines, IA, owned by Hy-Vee Inc. As of June 30, 2026 it held $768.3 million in assets and $649.6 million in deposits; assets were up 56.3% from a year before. It has 13 branches in 2 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$768M
+56.3% in a year · +56.8% in a quarter
Deposits
$650M
+79.3% in a year · +62.4% in a quarter
Loans
$530M
+42.0% in a year · +37.7% in a quarter
Profit so far
$5.1M
Jan 1 to Jun 30, 2026 · -10.5% in a year
Capital ratio
12.82%
-0.45 pts in a year
Return on assets
1.75%
-0.56 pts in a year
Facts
- Type
- Savings bank
- Head office
- 3580 Ep True Pkwy, West Des Moines, IA, 50265
- County
- Polk
- Holding company
- Hy-Vee Inc
- Established
- Apr 1, 1930
- Employees
- 164
- Branches
- 13 in 2 states
- Website
- www.midwestheritage.com
- Id
- b4432
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
13 offices as of June 30, 2026, holding $649.6 million in deposits
Branch map
Every branch, sized by its deposits
| Largest branches | Place | Deposits |
|---|---|---|
| Midwest Heritage Bank, Fsb (main office) | West Des Moines, IA | $173M |
| Iowa Savings Branch | Carroll, IA | $158M |
| Chariton Branch | Chariton, IA | $116M |
| Iowa Savings BankCoon Rapids Branch | Coon Rapids, IA | $71.3M |
| Urbandale Branch | Urbandale, IA | $24.9M |
| Wdm 3 Hv Branch | West Des Moines, IA | $20.1M |
| Ames Branch | Ames, IA | $19.7M |
| Windsor Heights Branch | Windsor Heights, IA | $18.7M |
| 106 North Illinois St Branch | Lake City, IA | $17.7M |
| Grimes Branch | Grimes, IA | $11.2M |
Related pages
Questions and answers
How big is Midwest Heritage Bank, FSB?
$768.3 million in total assets and $649.6 million in deposits as of June 30, 2026, with assets up 56.3% from a year before. Its loans were $529.9 million.
How many branches does Midwest Heritage Bank, FSB have?
13 branches in 2 states as of June 30, 2026. The most deposits are in Iowa ($649.6 million).
Is Midwest Heritage Bank, FSB profitable?
Yes: it earned $5.10 million from January 1 to June 30, 2026 (down 10.5% from the same months a year before). Its return on assets was 1.75% a year; about 1% is typical.
Who owns Midwest Heritage Bank, FSB?
Midwest Heritage Bank, FSB is owned by Hy-Vee Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.