US Bank Directory
Banks in Independence, IA
3 FDIC-insured banks operate 5 offices in Independence, Iowa, and 1 credit union has 1 office.
Source: FDIC BankFind, data as of September 5, 2026; NCUA call report as of March 31, 2026.
Bank branch map: Independence
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 4 banks and credit unions operate 6 locations in Independence, according to the FDIC and the NCUA. 5 of them have coordinates on record and are on the map. 1 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
5 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks and credit unions in Independence
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: BankIowa has the most locations in Independence, with 3. The other 2 each have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
BankIowa Bank · 3
BankIowa has 3 branches in Independence, 13 across Iowa and 13 nationwide. FDIC records list its main office in Cedar Rapids, IA and show it operating since 1881. With $846.2 million in total assets on June 30, 2026, it ranks No. 1,201 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Independence location is the First Street East Branch at 230 1st St E, dating to 1905; the newest, at 305 Enterprise Dr, to 2006. It does not publish hours in the sources this page uses; check its site before you go.
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First Street East Branch230 1st St E, 50644
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Independence South Office Branch305 Enterprise Dr, 50644
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Drive Up Branch331 2nd St Ne, 50644
Northeast Security Bank Bank · 1
Northeast Security Bank has 1 branch in Independence, 7 across Iowa and 7 nationwide. FDIC records list its main office in Sumner, IA and show it operating since 1888. With $461.9 million in total assets on June 30, 2026, it ranks No. 1,885 of 4,232 U.S. banks by total assets. The Independence Branch at 231 1st St E dates to 1941 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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Independence Branch231 1st St E, 50644
Veridian Credit Union Credit union · 1
Veridian Credit Union has 1 office in Independence, 24 across Iowa. It is based in Waterloo, IA and $8.90 billion in assets on March 31, 2026, according to its NCUA call report. It opens on Saturday.
Who can join: see the credit union's site.
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Independence1900 3Rd Ave Se, 50644
All hours
Mon to Fri 8:30 am to 5 pm; Sat 8:30 am to 12 pm; Sun not published
Hours: NCUA, March 31, 2026
WCF Financial Bank Bank · 1
WCF Financial Bank has 1 branch in Independence, 3 across Iowa and 3 nationwide. FDIC records list its main office in Webster City, IA and show it operating since 1934. With $224.4 million in total assets on June 30, 2026, it ranks No. 2,859 of 4,232 U.S. banks by total assets. The 305 First Street West Branch at 305 1st St W dates to 1935 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
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305 First Street West Branch305 1st St W, 50644
Join a credit union in Independence
1 credit union has 1 office here: Veridian Credit Union. Each office is listed above with the phone and the hours it filed with the NCUA (call report as of March 31, 2026). Who can join each one is on its own site; the credit unions in Independence page has every office in the state's directory.
Banking in Independence: the local picture
Short answer: 3 banks run 5 branches in Independence according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 3 banks, 0 have their main office in Independence, 3 elsewhere in Iowa, according to the FDIC.
The bank with the longest record here is BankIowa, operating since 1881 according to the FDIC. In FDIC branch records, the longest-running branch is BankIowa's office at 230 1st St E, dating to 1905; the newest is BankIowa's at 305 Enterprise Dr, from 2006.
The only credit union with an office here is Veridian Credit Union.
Of the 1 location with published hours. 1 opens on Saturday. 5 locations have no published hours in these sources.
Credit unions open on Saturday in Independence
Short answer: 1 of the 1 Independence location with published hours opens on Saturday, run by 1 institution.
- Veridian Credit Union: 1 of 1 office (1900 3Rd Ave Se: Saturday 8:30 am to 12 pm)
Credit union hours are the text each credit union filed with the NCUA, call report as of March 31, 2026; a day the filing does not mention is shown as not published, never as closed. Bank branches show hours only where the bank publishes them in a source this page uses; 5 of the 6 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Independence, and where the nearest one is if they do not.
Short answer: No branches in Independence: Chase (nearest in Cedar Rapids, 37 mi), Wells Fargo (nearest in Waterloo, 24 mi), Bank of America (nearest in Des Moines, 108 mi), PNC Bank, U.S. Bank (nearest in Vinton, 22 mi), Truist, Fifth Third Bank, Huntington, Regions Bank (nearest in Waterloo, 23 mi), TD Bank, BMO (nearest in Cedar Rapids, 32 mi).
| Bank | In Independence | Nearest branch if none here |
|---|---|---|
| Chase | None | Cedar Rapids, 37 miles away |
| Wells Fargo | None | Waterloo, 24 miles away |
| Bank of America | None | Des Moines, 108 miles away |
| PNC Bank | None | none in Iowa |
| U.S. Bank | None | Vinton, 22 miles away |
| Truist | None | none in Iowa |
| Fifth Third Bank | None | none in Iowa |
| Huntington | None | none in Iowa |
| Regions Bank | None | Waterloo, 23 miles away |
| TD Bank | None | none in Iowa |
| BMO | None | Cedar Rapids, 32 miles away |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Independence to the nearest branch in Iowa.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Independence residents like anyone else.
Banks near Independence
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Jesup (9 miles) and Oelwein (15 miles). Waterloo, 23 miles away, has the most banks nearby: 10.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Jesup, IA | 9 mi | 2 | 2 |
| Banks in Oelwein, IA | 15 mi | 2 | 2 |
| Banks in Center Point, IA | 21 mi | 2 | 2 |
| Banks in Vinton, IA | 22 mi | 3 | 3 |
| Banks in Manchester, IA | 22 mi | 5 | 5 |
| Banks in Waterloo, IA | 23 mi | 10 | 16 |
| Banks in Strawberry Point, IA | 24 mi | 2 | 2 |
| Banks in Central City, IA | 26 mi | 2 | 2 |
Bank branch openings and closings in Independence
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Independence between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Largest banks in Independence by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Independence offices.
Short answer: BankIowa is the largest bank with offices in Independence, with $846.2 million in total assets on June 30, 2026, No. 1,201 among U.S. banks by total assets. Northeast Security Bank is second with $461.9 million. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| BankIowa | $846.2 million | No. 1,201 | 3 | Cedar Rapids, IA |
| Northeast Security Bank | $461.9 million | No. 1,885 | 1 | Sumner, IA |
| WCF Financial Bank | $224.4 million | No. 2,859 | 1 | Webster City, IA |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Independence: FAQ
How many banks are in Independence, IA?
Independence has 3 banks with 5 branches and 1 credit union with 1 office, according to FDIC data as of September 5, 2026 and NCUA data as of March 31, 2026.
Which bank has the most branches in Independence?
BankIowa, with 3. Northeast Security Bank has 1 and WCF Financial Bank has 1.
Is there a BankIowa in Independence, IA?
Yes. FDIC data lists 3 BankIowa branches in Independence as of September 5, 2026. Its branches are listed under BankIowa above, with the address and directions for each.
Is there a Northeast Security Bank in Independence, IA?
Yes. FDIC data lists 1 Northeast Security Bank branch in Independence as of September 5, 2026. The address and directions are under Northeast Security Bank above.
Is there a WCF Financial Bank in Independence, IA?
Yes. FDIC data lists 1 WCF Financial Bank branch in Independence as of September 5, 2026. The address and directions are under WCF Financial Bank above.
Is there a Chase in Independence, IA?
No. FDIC data lists no Chase branch in Independence as of September 5, 2026. The nearest is in Cedar Rapids, about 37 miles away in a straight line.
Which banks in Independence are open on Saturday?
Veridian Credit Union publishes Saturday hours for one or more Independence locations. The Saturday section above lists each one with its hours. 5 of the 6 locations here do not publish hours in the sources this page uses; call ahead.
What is the oldest bank in Independence?
BankIowa has the longest record among banks with a branch here: the FDIC shows it operating since 1881.
Which credit unions can I join in Independence?
Veridian Credit Union has an office in Independence. Check each credit union's membership rules before you apply.
Did any bank branches open or close in Independence in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Independence?
Nearby cities with more banks include Jesup, Oelwein, Center Point. Jesup is 9 miles away with 2 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Credit union offices, phones and hours as filed with the NCUA, total assets | NCUA call report data | Public data (U.S. government) | Quarterly import | Mar 31, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
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