Premier Bank is an FDIC-insured community bank headquartered in Dubuque, Iowa, offering personal and business banking, mortgage services, and investment advisory through LPL Financial partnership.
Editorially reviewed by Harvey Brooks
Premier Bank is a locally-rooted community bank that has maintained all its operations in Dubuque, Iowa since its founding. The bank emphasizes its commitment to local community development and positions itself as a relationship-focused alternative to larger national banks. Premier Bank operates with FDIC insurance backing, providing deposit protection up to federal limits.
The bank offers a comprehensive suite of consumer and business banking products. For personal customers, this includes checking and savings accounts, auto loans, home equity loans, mortgage financing, and home construction loans. Premier Bank also provides business banking services designed for local enterprises. Beyond traditional banking, Premier Bank partners with LPL Financial to offer Premier Investment Services, featuring retirement planning, college savings vehicles, securities brokerage access, and personalized investment guidance through registered investment consultants.
Premier Bank distinguishes itself through its local-only footprint and community-centric positioning. Rather than competing on national scale, the bank emphasizes deep community ties and local decision-making. The investment services division is staffed by experienced advisors—Brian Ormord (specializing in corporate 401(k) plans and retirement readiness since 1994) and Kyle Lippold—who provide personalized consultations and ongoing education to employers and individuals.
The primary limitation is geographic scope: Premier Bank serves only Dubuque locations, making it inaccessible to consumers outside that area. The website provides limited detail on specific product rates, fees, or minimum balance requirements. For customers seeking investment services, advisory quality depends on engagement with individual consultants rather than standardized service models.
Yes. Premier Bank is a registered company headquartered in Dubuque, IA, founded in 1998. They hold a rating with the Better Business Bureau.
Account opening typically takes 1-3 business days. Loan decisions vary by product.
CreditDoc Diagnosis
Premier Bank is best suited for Dubuque residents and business owners who prioritize community relationship banking and have investment needs. The primary caveat is strict geographic limitation to Dubuque locations, making the bank inaccessible to consumers outside Iowa.
Regional housing authority operating across 7 Iowa counties offering affordable housing programs, vouchers, and homeownership support through public housing and rental assistance.
Best for: Low-income renters in eastern Iowa seeking affordable housing through Section 8 Housing Choice Voucher program, Eligible households interested in public housing or rental assistance programs within EIRHA's seven-county service area
Learn what makes up your credit score, how it's calculated, what the ranges mean, and how to check yours for free.
Read guide →Your credit report contains the raw data behind your score. Learn what's in it, how to read it, and how to dispute errors that could be dragging your score down.
Read guide →Klarna, Afterpay, Affirm — they make spending easy. But what happens to your credit score when you use them? Here's what the fine print doesn't tell you.
Read guide →Affiliate Disclosure: CreditDoc may earn a commission when you click links to Premier Bank and other services. These commissions help us maintain our free research. Our editorial team independently evaluates all services. Compensation does not influence our ratings or rankings. Learn more.