About Us

Luana Savings Bank was founded in the rich, rolling farmland of Northeastern Iowa where we've focused on helping our community for over a century. Luana Savings Bank is the largest agricultural lender in Northeast Iowa and is also among the largest in the State. We are a highly motivated group of people focusing primarily on Agriculture, 1-4 Family, Multi-Family Housing, and Commercial Lending.

Founding


August 1, 1908.

Size


10th Largest Bank in Iowa and >$1.74 Billion in Assets. Employees: 94. (Reference)

Growth & Stability

  • $645 Million in Single Family Home Originations in 2020
  • 21.17% Return on Equity
  • >$1.6 Billion of Loans Serviced
  • Top 100 Farm Lenders Nationally as reported by American Banker's Association
  • Top 1% of Most Efficient Banks Nationally (as ranked by Bauer Financial)
  • Consistently one of the best performing Community Banks and offering the highest tier of deposit APY's nationwide.
  • Luana Savings Bank is categorized as "well capitalized."

Primary Focus

Agricultural Lending, 1-4 Family & Multi-Family Lending, and Consumer Lending

Services

  • Deposits: Checking & Savings Accounts, Certificate of Deposit, IRA, HSA
  • Loans: Agriculture, Real Estate, Auto, Commercial, Refinance, Debt Consolidation, Personal
  • Additional Services: Bookkeeping, Crop Insurance, Sales, Community Center & Involvement

Locations

  • Luana, Iowa (Main Branch)
  • Ossian, Iowa
  • New Hampton, Iowa
  • Polk City, Iowa
  • Clive, Iowa
  • Norwalk, Iowa

Mission

The mission of Luana Savings Bank is to profitably deliver high customer services that meets the financial needs of our community, its businesses and its citizens. No line of financial services is beyond our charter.

The bank’s most important asset is its customers. Our products are designed, our hours are set and our employees are hired to meet the needs of customers. High quality customer service is a priority.

"Our mission is to deliver quality service to quality customers by quality employees at a quality price."