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BankIowa welcomes the Rowley Savings Bank customers to the BankIowa Family on Friday, December 3!
BankIowa of Independence, Iowa is pleased to announce that it has entered into an agreement to acquire Rowley Savings Bank. The proposed transaction, still subject to approval by the Rowley shareholders and regulators, and becomes effective on December 3.
Alison Urbina, CEO of BankIowa, expressed her excitement about the acquisition. “Rowley Savings Bank has operated as a community bank since 1914, proudly serving Rowley and the surrounding area. As BankIowa celebrates 100 years in business this year, we are honored to have the heritage of Rowley’s nearly 110 years of banking merge into our organization.”
The leadership of Rowley Savings Bank echoed that sentiment. President Greg Shields expressed “We evaluated our options very carefully and knew we wanted to merge with an organization with the same values as our own. I have known Alison’s father, Dolph, and the BankIowa team for years and both of our organizations have provided exemplary banking services to Buchanan County. The town of Rowley and our customers will remain well-served by BankIowa. Our management teams will coordinate to allow for a smooth transition for the community and customers Rowley Savings Bank serves. “
Upon completing the acquisition, Rowley Savings Bank will be merged into BankIowa and join its branches in Independence, Lamont, Jesup, Waterloo, Cedar Falls, Norway, Cedar Rapids, and Marion. All Rowley Savings Bank customers will receive notice of the transition, expanded line of services and any potential changes that may affect them.
BankIowa was established in 1921 in Independence, Iowa. BankIowa has been a dedicated and reliable partner to the communities in which it has operated for 100 years. With over $750 million in total assets, it also proudly remains an independent, locally owned institution.
Personal Online and Mobile Banking
Welcome to BankIowa, Rowley Savings Bank Customers!
At BankIowa, we offer numerous safe and free digital products available to you now. We wanted to take this opportunity to provide you with a brief overview of those products and services that are offered through personal online and mobile banking. Enrollment is quick and easy.
To learn more, click here.
To learn more about the convenience of mobile wallet, click here.
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