Banks in Red Oak, IA

Bank branch map: Red Oak

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: 3 banks and credit unions operate 4 locations in Red Oak, according to the FDIC. 4 of them have coordinates on record and are on the map. 1 publish opening hours.

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 in Red Oak

Sorted by number of local branches. Each branch shows where its hours and phone number come from.

Short answer: Houghton State Bank has the most locations in Red Oak, with 2. 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.

Houghton State Bank 2 branches · main office Red Oak, IA Bank · 2

Houghton State Bank has 2 branches in Red Oak, 5 across Iowa and 5 nationwide. FDIC records list its main office in Red Oak, IA and show it operating since 1879. With $204.8 million in total assets on June 30, 2026, it ranks No. 2,960 of 4,232 U.S. banks by total assets. In FDIC branch records, its longest-running Red Oak location is its main office at 116 E Coolbaugh St, dating to 1879; the newest, at 1609 N Broadway St, to 1974. It does not publish hours in the sources this page uses; check its site before you go.

• Main Office main office

  116 E Coolbaugh St, 51566

  Hours: see the bank's site
  DirectionsWebsite
• Plaza Branch

  1609 N Broadway St, 51566

  Hours: see the bank's site
  DirectionsWebsite

Houghton State Bank: profile, branches and contacts

Bank Iowa 1 branch · main office West Des Moines, IA Bank · 1

Bank Iowa has 1 branch in Red Oak, 25 across Iowa and 25 nationwide. FDIC records list its main office in West Des Moines, IA and show it operating since 1923. With $2.35 billion in total assets on June 30, 2026, it ranks No. 529 of 4,232 U.S. banks by total assets. The Bank Iowa Red Oak Branch at 1805 N Broadway St dates to 1901 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Bank Iowa Red Oak Branch

  1805 N Broadway St, 51566

  Hours: see the bank's site
  DirectionsWebsite

Bank Iowa: profile, branches and contacts

First Interstate Bank 1 branch · main office Billings, MT Bank · 1

First Interstate Bank has 1 branch in Red Oak, 45 across Iowa and 274 nationwide. FDIC records list its main office in Billings, MT and show it operating since 1916. With $25.79 billion in total assets on June 30, 2026, it ranks No. 83 of 4,232 U.S. banks by total assets. The Red Oak Branch at 2100 Commerce Dr dates to 1950 in FDIC branch records. Its published hours do not list Saturday.

• Red Oak Branch

  2100 Commerce Dr, 51566

  (712) 623-9809Today 9 am to 5 pm

  All hours

  Mon closed; Tue to Fri 9 am to 5 pm; Sat to Sun closed

  Hours: First Interstate Bank branch locator (All The Places), checked Oct 10, 2026

  DirectionsBranch page

First Interstate Bank: profile, branches and contacts

Banking in Red Oak: the local picture

Short answer: 3 banks run 4 branches in Red Oak 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, 1 has its main office in Red Oak, 1 elsewhere in Iowa and 1 out of state, according to the FDIC.

The bank with the longest record here is Houghton State Bank, operating since 1879 according to the FDIC. In FDIC branch records, the longest-running branch is Houghton State Bank's office at 116 E Coolbaugh St, dating to 1879; the newest is Houghton State Bank's at 1609 N Broadway St, from 1974.

Of the 1 location with published hours. None open on Saturday. 3 locations have no published hours in these sources.

Saturday hours in Red Oak

Short answer: None of the 1 Red Oak location with published hours lists Saturday hours. 3 locations do not publish hours in these sources; call ahead.

Bank branches show hours only where the bank publishes them in a source this page uses; 3 of the 4 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 Red Oak, and where the nearest one is if they do not.

Short answer: No branches in Red Oak: Chase (nearest in Council Bluff, 35 mi), Wells Fargo (nearest in Atlantic, 29 mi), Bank of America (nearest in West Des Moines, 83 mi), PNC Bank, U.S. Bank (nearest in Council Bluffs, 35 mi), Truist, Fifth Third Bank, Huntington, Regions Bank (nearest in Urbandale, 88 mi), TD Bank, BMO (nearest in Woodbine, 55 mi).

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Red Oak 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%.

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 Red Oak residents like anyone else.

Banks near Red Oak

Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.

Short answer: The closest towns with more choice are Essex (13 miles) and Griswold (16 miles). Shenandoah, 19 miles away, has the most banks nearby: 4.

Bank branch openings and closings in Red Oak

FDIC branch records, between September 5, 2025 and September 5, 2026.

Short answer: FDIC branch records show no bank branch openings in Red Oak between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.

Banks and credit unions based in Red Oak

Short answer: 1 institution has its main office in Red Oak: Houghton State Bank.

Banks: FDIC BankFind (community-bank flag and assets). Credit unions: NCUA call report.

Largest banks in Red Oak by total assets

Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Red Oak offices.

Short answer: First Interstate Bank is the largest bank with offices in Red Oak, with $25.79 billion in total assets on June 30, 2026, No. 83 among U.S. banks by total assets. Bank Iowa is second with $2.35 billion. 1 of the 3 bank is headquartered here. Local deposit shares will follow once the FDIC Summary of Deposits is imported.

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 Red Oak: FAQ

How we build this page

Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.