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First State Bank in Nashua, IA

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Nashua's First State Bank branch at 401 Main St offers personal and business banking services to local customers.

Data compiled from public sources

First State Bank Review

First State Bank's Nashua location sits at 401 Main St in downtown Nashua, IA, serving as a full-service branch for the community. While specific operating hours are not published online, the branch provides standard banking services to Nashua residents and business owners during typical business days.

At the Main St branch in Nashua, you can handle deposits, withdrawals, account inquiries, and personal or business banking needs. For specific services available at this Nashua location or to speak with a banker, call ahead to confirm current offerings.

If you're a Nashua, IA resident looking for convenient local banking, this downtown branch provides walk-in access without traveling to distant locations. Bring your ID and account information for most transactions. First State Bank focuses on serving the Nashua community with reliable banking solutions.

Services & Features

ATM access and locator service
Account applications and forms
Check ordering and re-ordering
Checking accounts with multiple options
E-statements enrollment
Financial calculators
Forgot password and account recovery support
Interest rate information
Online banking platform
Personalized financial guidance from local officers
Savings accounts
Security tips and online banking support

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Independent, locally-managed bank with decisions made on-site rather than at corporate headquarters
  • Staff know customers by name and provide personalized financial guidance
  • Maintains modern technology and online banking capabilities alongside community-focused service
  • Direct access to decision-makers for financial matters
  • Offers multiple account types with checking options tailored to specific customer needs
  • Provides online banking enrollment, ATM locator, e-statements, and financial calculators
  • Explicitly committed to remaining independent despite industry consolidation pressure

Cons

  • Website provides minimal information about specific products, rates, fees, or loan offerings
  • No details about APYs, minimum balances, or account features beyond generic descriptions
  • Limited geographic reach as a single small-town bank versus network coverage of larger banks
  • Sparse information about business banking, investment services, or wealth management offerings
  • No transparency on lending products, credit card options, or mortgage services despite being a full-service bank

State Consumer Finance Context

This is state-level context for Banks consumers in Nashua, IA. It does not confirm that First State Bank or this specific location is licensed.

State regulator

Iowa Division of Banking

Key state rules to check

  • Payday loans capped at $500 with maximum fee of $15 per $100 for first $300 and $10 per $100 above.
  • Maximum payday loan term is 31 days.
  • Licensed delayed deposit services may not allow rollovers.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Mortgage Lending Transparency

First State Bank processed 3,179 mortgage applications in 2023, with 90.5% recorded as approved across 31 states.

3,179

Applications

90.5%

Approval Rate

$240K

Avg Loan

31

States Served

Approval Rate by Applicant Income

Under $50K
80.7%
$50K–$100K
87.8%
$100K–$200K
92%
Over $200K
93.7%

Based on 3,179 applications. Income in thousands (reported by applicant).

States With Recorded Applications

Michigan 1,115 apps · 85.8%
Texas 529 apps · 89.2%
Illinois 438 apps · 92.7%
Ohio 404 apps · 83.9%
Iowa 175 apps · 92.6%
Georgia 165 apps · 99.4%

Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.

Frequently Asked Questions

What services does First State Bank offer?

First State Bank offers 12 services including Checking accounts with multiple options, Savings accounts, Online banking platform, ATM access and locator service, E-statements enrollment, and 7 more.

What profile signals are listed for First State Bank?

First State Bank has profile signals associated with Nashua, Iowa residents seeking personalized banking relationships with local decision-makers, Customers who value community bank service and prefer supporting independent financial institutions, Small business owners needing direct access to bank officers for lending decisions, Community-oriented savers wanting an alternative to national chain banks.

What are the strengths and weaknesses of First State Bank?

Key strengths: Independent, locally-managed bank with decisions made on-site rather than at corporate headquarters; Staff know customers by name and provide personalized financial guidance; Maintains modern technology and online banking capabilities alongside community-focused service. Areas to consider: Website provides minimal information about specific products, rates, fees, or loan offerings; No details about APYs, minimum balances, or account features beyond generic descriptions.

How does First State Bank compare to similar companies?

In the Banks category, comparable providers include American State Bank, American State Bank, American Trust and Savings Bank. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Founded
2005
Headquarters
Nashua, IA
BBB Accredited
No
Certifications
FDIC Insured FDIC Cert #57910
Visit First State Bank

CreditDoc Profile Note

Research Note on First State Bank

First State Bank is profile signals for Nashua, Iowa residents and small business owners seeking traditional community banking with personalized service and local decision-making authority. The main caveat is that the website lacks detailed information about specific products, rates, and terms—customers must contact the bank directly to compare offerings against competitors or understand full service capabilities.

Profile Signals

  • Nashua, Iowa residents seeking personalized banking relationships with local decision-makers
  • Customers who value community bank service and prefer supporting independent financial institutions
  • Small business owners needing direct access to bank officers for lending decisions
  • Community-oriented savers wanting an alternative to national chain banks
Updated 2026-05-08

Similar Companies

American State Bank logo

American State Bank

Regional bank operating in Iowa and South Dakota since 1913, offering checking, savings, mortgages, investments, and insurance through its parent company Ambank Company.

BBB: NR

Profile signals: Residents of Iowa and South Dakota communities served by American State Bank seeking full-service regional banking, Customers wanting integrated banking, investment, and insurance services from a single institution

American State Bank logo

American State Bank

American State Bank is a community bank offering FDIC-insured checking, savings, debit cards, online banking, and mortgage lending services across multiple Iowa locations.

BBB: NR

Profile signals: Residents of Osceola, Lamoni, Winterset, and surrounding Iowa communities, Customers who value personal relationships and local decision-making over branch convenience

American Trust and Savings Bank logo

American Trust and Savings Bank

Community bank in Lowden, Iowa offering personal checking, savings, loans, and digital banking since 1913 with emphasis on local relationships.

BBB: NR

Profile signals: Agricultural businesses and farmers seeking listed farm lending in Iowa, Small business owners in rural Iowa communities preferring local banking relationships

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Quick Summary

  • First State Bank is listed as a Banks provider in Nashua, IA on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
  • If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
  • For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.

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