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BANKS'
EFFORTS TO STIFLE COMPETITION
HURT IOWANS
84%
DEPOSITS
92%
BUSINESS LOANS*
99%
AG LOANS
*National banks not included
IOWA BANKS
WELLS FARGO IS BIGGER THAN ALL U.S. CREDIT UNIONS COMBINED
In 2021, Iowa bank owners received $645 MILLION in dividends.
Since 2010, Iowa banks have closed 122 branches while Iowa credit unions have added 40 branches.
Sources: CUNA Informa, Research Services, FDIC, NCUA
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