Finance Atlas

Banking & Mortgage-Lending Access in Iowa

836 FDIC-insured institutions (226 currently active) are recorded in Iowa in FDIC BankFind. HMDA 2024 data report an overall mortgage application denial rate of 16.4% in Iowa.

FDIC data as of 2026 · HMDA data year 2024 · Last export: June 20, 2026

836
FDIC institutions (total)
226
Currently active
16.4%
Overall denial rate (HMDA 2024)
67,724
Loans originated (2024)
This page is a reference catalog of provenanced public data. It informs and compares; it does not recommend lenders and gives no financial advice. HMDA denial-rate figures are reported statistics and do not establish why rates differ across applicant groups. To verify a lender's FDIC status, use FDIC BankFind. To file a complaint, visit the CFPB. To find a HUD-approved housing counselor: HUD.gov.

How many FDIC-insured institutions are in Iowa?

FDIC BankFind records 836 FDIC-insured institutions (all historical) in Iowa, of which 226 are currently active. Counts include banks, savings banks, and other insured depository institutions across all charter classes.

Metric Count
Total FDIC-insured institutions (historical) 836
Currently active 226

Source: FDIC BankFind (src:fdic:bankfind:2026). Verify: https://banks.data.fdic.gov/

What types of banks are chartered in Iowa?

FDIC uses charter class codes to categorize insured depository institutions. The breakdown for Iowa:

Charter class Description Count
NM State non-member bank (Fed non-member) 528
SM State member bank (Fed member) 114
N National bank (OCC-chartered) 106
SL Savings institution (state-chartered S&L) 53
SB Savings bank (state-chartered) 35

Source: FDIC BankFind (src:fdic:bankfind:2026). Charter class labels per FDIC BankFind official definitions.

What was the mortgage application denial rate in Iowa? (HMDA 2024)

HMDA 2024 data report an overall mortgage application denial rate of 16.4% in Iowa. The table below shows reported denial rates by applicant race where available in the HMDA dataset.

Methodology note: HMDA captures race where the applicant chose to report it. Denial rates reflect all recorded denial reasons (credit history, DTI, collateral, etc.) and do not establish why rates differ across groups. These figures are descriptive FFIEC statistics, not findings of lending discrimination.
Applicant group (reported) Denial rate
Overall 16.4%
White applicants 15.2%
Black applicants 28.4%
Black/White denial rate ratio 1.86x

Source: FFIEC HMDA (src:ffiec:hmda:2024). Verify: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=IA

Mortgage origination volume in Iowa (2024)

HMDA 2024 data record 67,724 originated mortgage loans in Iowa , totaling $12.7B , with an average loan size of $187,005.

Metric Value
Originated loans (2024) 67,724
Total origination volume $12.7B
Average loan size $187,005

Source: FFIEC HMDA (src:ffiec:hmda:2024).

Sources & provenance

FDIC data — source id src:fdic:bankfind:2026, as of 2026. Verify via FDIC BankFind: https://banks.data.fdic.gov/

HMDA data — source id src:ffiec:hmda:2024, data year 2024. Verify via FFIEC Data Browser: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=IA

Data exported June 20, 2026 · content hash 200a656ae5d83587 · machine-readable brief: /finance/states/ia/context.md

Where to act