Home Loans

Applying for a mortgage can be complicated and sometimes tedious, but a little preparation can go a long way, particularly for first-time homebuyers. With a few simple steps, homebuyers can make the process a little easier for both themselves and their lender.

"A mortgage isn't something any consumer should immediately jump into before they're ready," said Brenda Hannover, Assistant Vice President, Mortgage Loan Officer (NMLS#624001). "Knowing what to ask your lender when you... Read More

Wednesday, April 13, 2022 @ 1:00 p.m. CT
“Buying or Refinancing a Home: Options and Tools”

On Wednesday, April 13, 2022 from 1:00 p.m. – 1:30 p.m. CT Money Smart Week will host “Buying or Refinancing a Home: Options and Tools.” This virtual event is part of Money Smart Week, a week-long initiative that aims to help people, especially those hardest-hit by the Covid-19 pandemic, better manage their personal finances through the coordinated efforts of... Read More

Tuesday, April 12, 2022 @ 1:00 p.m. CT
“Credit: Build & Improve It!”

On Tuesday, April 12, 2022 from 1:00 p.m. – 1:30 p.m. CT Money Smart Week will host “Credit: Build & Improve It!.” This virtual event is part of Money Smart Week, a week-long initiative that aims to help people, especially those hardest-hit by the Covid-19 pandemic, better manage their personal finances through the coordinated efforts of experts and educators across the country.

From Meredith Huber, Mortgage Lender (NMLS# 1965302), Iowa State Bank, Algona

When it comes to personal finances, a strong credit score can open up doors to favorable rates and terms for loans and credit cards.

Learn how these five factors can impact your credit score:

From Meredith Huber, Mortgage Lender, Iowa State Bank, Algona

When it comes to personal finances, a strong credit score can open up doors to favorable rates and terms for loans and credit cards.

Learn how these five factors can impact your credit score:

Posted March 25, 2020

Our bank is open for business, but we have altered our operations to protect the safety of our staff, our customers and community.

Effective March 18, 2020, our lobbies are closed. Please contact your banker for assistance. Here is the status of our offices:

Algona | Main Bank Office

A Message from Brenda Hannover, Assistant Vice President, Mortgage Loan Officer --

A home is most people’s largest asset. For criminals, older adults who own their own home represent great potential for reverse mortgage scams.

Older adults are often pressured to obtain a reverse mortgage, or to use equity in their home for home repairs that fail to be completed by unscrupulous repair people. The repairs never happen, and your money is gone. Other scams aimed at homeowners... Read More

To buy or to build? It's a question that faces many who enter the housing market. Whether you're a first-time homebuyer or you're looking for something that better fits your family's needs, it's a question that you'll likely have to consider.

Consider the following:

Advantages to Building a Home:

Customization. When you build a home, you have input on the design and can ensure the final construction includes... Read More

Consider the following tips to get you started on the path to home ownership: