First State Bank was founded in October, 1933, in Battle Creek, Iowa.  The country was still reeling from the effects of the 1929 stock crash and the shattering depression, which followed.  In 1933 Franklin D. Roosevelt stated in his Inaugural address, “The only thing we have to fear is fear itself.”  With this in the back of their minds, a group of people who had a great deal of courage and business foresight, decided to gamble on the future of Battle Creek and established a new banking firm, First State Bank.   

In 1978, a new bank office was constructed in Ida Grove and the charter was moved here from Battle Creek.  The Ida Grove office was established as the main office, while the Battle Creek office became a branch office. 

On December 3, 2001, First State Bank was given approval to open a branch office in Danbury.  A temporary bank office was opened February 1, 2002.  The FSB staff moved into the new, permanent bank building January 13, 2003. 

As business continued to grow in Danbury and from the surrounding areas, the Board of Directors decided to open a bank office in Mapleton.  On April 3, 2006, FSB Bank PLUS+, an office of First State Bank of Ida Grove was opened for business.   

First State Bank continues to serve the financial needs of the business, agricultural, professional and consumer populations of our trade area.  As the bank motto states, “Big Enough to Serve, Small Enough to Care”, the stockholders, Board of Directors and employees of FSB are dedicated to helping our customers and in making a difference in the communities we serve. 

 

First State Bank is: 

• a people business 

• managed for profitability 

• knowledgeable of our products / services 

• understanding of our customer needs 

• aggressive to meet new challenges 

• humble and thankful for a chance to serve