FDIC-insured community bank offering checking, savings, mortgages, and wealth management services with a focus on local banking relationships and agricultural lending in Eastern Iowa.
Data compiled from public sources · Rating from CreditDoc methodology
Hills Bank and Trust Company is a traditional community bank serving Eastern Iowa with FDIC insurance backing all deposit accounts. The bank has established itself as a relationship-focused financial institution, emphasizing personalized service through in-person appointments and local branch locations. Based on their website content, they maintain a strong commitment to agricultural and small business lending, as evidenced by their educational content addressing farm family planning and beginning farmer growth strategies.
The bank offers a comprehensive suite of retail banking services including free checking accounts with no minimum balance requirements, savings accounts, certificates of deposit (CDs), and personal loan products. Their mortgage division provides home purchase and refinancing services with a dedicated local lending team. Hills Bank also operates a Wealth Management division handling investment advisory and retirement planning services.
Additional services include online and mobile banking with features like mobile check deposit, card controls, and digital wallet integration (Apple Pay, Google Pay, Samsung Pay). What distinguishes Hills Bank is their emphasis on community education and local relationship banking. They host free seminars on first-time homebuying, budgeting, and debt management.
Their content demonstrates specialized knowledge in agricultural finance and farm family economics. The bank also emphasizes fraud awareness education and provides tools like card controls for lost cards managed through their online banking platform. Routing number 073913755 is prominently displayed, indicating established banking infrastructure.
Hills Bank is best suited for customers prioritizing traditional banking relationships, local service, and community connections over fintech innovation. However, the website provides no information about mobile app sophistication, interest rate competitiveness, or fees for specific services beyond free checking. No details are disclosed about business account minimums, loan terms, or investment product specifics.
For consumers seeking high-yield savings or cutting-edge digital banking, alternative options may warrant comparison. Their strength lies in personalized service and agricultural/small business lending rather than technology-first banking.
Hills Bank and Trust Company processed 3,255 mortgage applications in 2023, approving 97.1% of applicants across 4 states.
3,255
Applications
97.1%
Approval Rate
$194K
Avg Loan
4
States Served
Based on 3,255 applications. Income in thousands (reported by applicant).
Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.
Yes. Hills Bank and Trust Company is a registered company, headquartered in Hills, IA, founded in 1904.
Account opening typically takes 1-3 business days. Loan decisions vary by product.
CreditDoc Diagnosis
Hills Bank is best for Eastern Iowa residents and agricultural business owners seeking personalized, relationship-based banking with strong local expertise. The primary caveat is that the website lacks transparency on interest rates, fees, and competitive product terms—requiring direct contact with the bank for pricing decisions and detailed account comparisons.
Regional bank operating in Iowa and South Dakota since 1913, offering checking, savings, mortgages, investments, and insurance through its parent company Ambank Company.
Best for: 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 is a community bank offering FDIC-insured checking, savings, debit cards, online banking, and mortgage lending services across multiple Iowa locations.
Best for: Residents of Osceola, Lamoni, Winterset, and surrounding Iowa communities, Customers who value personal relationships and local decision-making over branch convenience
Community bank in Lowden, Iowa offering personal checking, savings, loans, and digital banking since 1913 with emphasis on local relationships.
Best for: Agricultural businesses and farmers seeking specialized farm lending in Iowa, Small business owners in rural Iowa communities preferring local banking relationships
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