BranchWatch

Midwest Heritage Bank

Legal institution: Midwest Heritage Bank, FSB. Headquartered in West Des Moines, IA. Part of Hy-Vee, Inc. FDIC certificate #4432 · Federal Reserve RSSD 203043.

Total assets
$490M
Deposits
$400M
Q1 2026
Active branches
13
Closings since Jan 2020
1
2 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$1M
Return on assets
0.93%
Return on equity
6.66%
Noncurrent loan rate
1.64%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025

Values in $ billions, June 30 of each year.

Closings by year

1
2026

Openings by year

1
2020
1
2022

Other network changes since 2020

  • 5 branches acquired through purchases or mergers

Branches by state

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.midwestheritage.com.