Banks in Wellman, IA

Bank branch map: Wellman

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: 2 banks and credit unions operate 2 locations in Wellman, according to the FDIC. 2 of them have coordinates on record and are on the map. ATMs and opening hours are not in the sources this page uses yet; each marker links to directions.

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 Wellman

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

Short answer: Hills Bank and Federation Bank have the most locations in Wellman, with 1 each. 2 banks 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.

Federation Bank 1 branch · main office Washington, IA Bank · 1

Federation Bank has 1 branch in Wellman, 4 across Iowa and 4 nationwide. FDIC records list its main office in Washington, IA and show it operating since 1906. With $155.8 million in total assets on June 30, 2026, it ranks No. 3,278 of 4,232 U.S. banks by total assets. The Wellman Branch at 801 6th Street dates to 1998 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Wellman Branch

  801 6th Street, 52356

  Hours: see the bank's site
  DirectionsWebsite

Federation Bank: profile, branches and contacts

Hills Bank 1 branch · main office Hills, IA Bank · 1

Hills Bank has 1 branch in Wellman, 21 across Iowa and 21 nationwide. FDIC records list its main office in Hills, IA and show it operating since 1904. With $4.79 billion in total assets on June 30, 2026, it ranks No. 294 of 4,232 U.S. banks by total assets. The Wellman Branch at 229 8th Ave dates to 2006 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.

• Wellman Branch

  229 8th Ave, 52356

  Hours: see the bank's site
  DirectionsWebsite

Hills Bank: profile, branches and contacts

Banking in Wellman: the local picture

Short answer: 2 banks run 2 branches in Wellman 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 2 banks, 0 have their main office in Wellman, 2 elsewhere in Iowa, according to the FDIC.

The bank with the longest record here is Hills Bank, operating since 1904 according to the FDIC. In FDIC branch records, the longest-running branch is Federation Bank's office at 801 6th Street, dating to 1998; the newest is Hills Bank's at 229 8th Ave, from 2006.

None of the 2 locations here publishes hours in the sources this page uses. Each branch links to the bank's own site.

Chase, Bank of America and other national banks

Which big national banks have branches in Wellman, and where the nearest one is if they do not.

Short answer: No branches in Wellman: Chase (nearest in Iowa City, 21 mi), Wells Fargo (nearest in Coralville, 20 mi), Bank of America (nearest in Des Moines, 91 mi), PNC Bank, U.S. Bank (nearest in Iowa City, 18 mi), Truist, Fifth Third Bank, Huntington, Regions Bank (nearest in Waterloo, 74 mi), TD Bank, BMO (nearest in Coralville, 19 mi).

Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Wellman 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 Wellman residents like anyone else.

Banks near Wellman

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

Short answer: The closest towns with more choice are Kalona (7 miles) and Washington (14 miles). Coralville, 20 miles away, has the most banks nearby: 11.

Bank branch openings and closings in Wellman

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

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

Largest banks in Wellman by total assets

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

Short answer: Hills Bank is the largest bank with offices in Wellman, with $4.79 billion in total assets on June 30, 2026, No. 294 among U.S. banks by total assets. Federation Bank is second with $155.8 million. 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 Wellman: FAQ

How we build this page

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