Midwest Heritage Bank: History, Services, Locations
Midwest Heritage Bank is an Iowa-based financial institution with roots dating back to 1930. The bank serves individuals, families, businesses, farmers, and communities across Iowa and surrounding Midwestern markets.
The institution is particularly known for its long relationship with Hy-Vee, Inc. It became part of the Hy-Vee family decades ago and continues operating as a Hy-Vee company.
Midwest Heritage Bank has also expanded through acquisitions. Its 2026 acquisition of Iowa Savings Bank increased its presence across western Iowa and brought additional banking and trust services to the organization.
What Is Midwest Heritage Bank?
Where Is Midwest Heritage Bank Located?
Midwest Heritage Bank, FSB is headquartered in West Des Moines, Iowa. Its main office is located at 3580 EP True Parkway, Suite 100, West Des Moines, Iowa 50265.
The bank operates as a community-focused financial institution serving customers throughout Iowa and nearby Midwestern markets. Its services include traditional banking, lending, investments, insurance, and trust services.
Who Owns Midwest Heritage Bank?
Midwest Heritage Bank is a Hy-Vee company with a long history connected to the grocery retailer. The relationship began in 1963 through the Hy-Vee Employee Trust Fund.
Hy-Vee Foods later purchased the bank in 1986. This ownership relationship has remained an important part of Midwest Heritage Bank’s identity and business model.
Midwest Heritage Bank History
How Did Midwest Heritage Bank Start?
The institution was established on April 1, 1930, as the National Bank and Trust Company of Chariton in Chariton, Iowa. It initially focused on serving customers and businesses within its local community.
Over time, the bank expanded beyond its original market while maintaining its community banking focus. Its ownership and service offerings also changed significantly throughout its history.
When Did The Bank Become Midwest Heritage?
The bank adopted the Midwest Heritage Bank name in 1995 after moving to a federal savings bank charter. This marked the beginning of the current brand identity.
In 1996, Midwest Heritage opened its first branch inside a Hy-Vee store in Ames, Iowa. The store-based banking model became an important part of its relationship with Hy-Vee customers.
When Did Headquarters Move To West Des Moines?
Midwest Heritage moved its headquarters from Chariton to West Des Moines in 2008. The relocation reflected the bank’s growing presence in the Des Moines metropolitan area.
The institution later expanded its financial services through investment management and insurance operations. It also continued adding branches and serving new communities.
How Is Midwest Heritage Connected To Hy-Vee?
Why Does Hy-Vee Own A Bank?
Hy-Vee’s relationship with Midwest Heritage began when the Hy-Vee Employee Trust Fund acquired the institution in 1963. Hy-Vee Foods subsequently purchased the bank in 1986.
This relationship makes Midwest Heritage different from many independently operated community banks. The bank remains a separate financial institution while operating within the wider Hy-Vee corporate family.
What Is Hy-Vee Financial Services?
Hy-Vee Financial Services launched in 2021, with Midwest Heritage playing an important role in the company’s broader financial services offering.
Midwest Heritage provides banking, investment, insurance, and related financial services. Its connection with Hy-Vee also supports banking locations inside selected Hy-Vee stores.
What Happened To Iowa Savings Bank?
When Did Midwest Heritage Acquire Iowa Savings Bank?
Midwest Heritage announced an agreement to acquire Iowa Savings Bank on March 19, 2026. Iowa Savings Bank was headquartered in Carroll, Iowa, and served communities throughout western Iowa.
The transaction added four branch locations and approximately 33 employees to Midwest Heritage’s operations. It also expanded the bank’s presence in western Iowa.
When Did The Banking Systems Convert?
The banking system conversion took place in June 2026. New Midwest Heritage online banking became available to former Iowa Savings Bank customers on June 22, 2026.
The conversion moved former Iowa Savings customers onto Midwest Heritage’s digital banking platform. Customers therefore needed to become familiar with the bank’s current online and mobile banking services.
What Changed For Former Iowa Savings Bank Customers?
Did Account Numbers Change?
Existing Iowa Savings Bank account numbers remained unchanged after the conversion. Customers therefore did not need new account numbers simply because the institutions became part of the same banking organization.
However, customers still needed to review certain digital banking settings and payment arrangements. Some information from the former banking platform did not automatically move into the new system.
What Happened To Online Banking?
Former Iowa Savings Bank customers were instructed to enroll in Midwest Heritage online banking. The enrollment process could be started through the Midwest Heritage website by selecting Login and then Enroll Now.
Customers were also encouraged to download important records before the conversion. This was important because some statements, check images, and digital payment information did not automatically transfer.
What Information Needed Attention?
Former customers needed to review several online banking services after the conversion. These included Bill Pay payees, eBill connections, linked external accounts, and recurring transfer instructions.
Customers were also advised to preserve important statements and check images before the transition. Existing automatic loan payments generally remained in place during the conversion.
What Happened To The Routing Number?
The former Iowa Savings Bank routing number continued redirecting transactions during the transition period. After conversion, customers were encouraged to use the Midwest Heritage routing number.
The current Midwest Heritage Bank routing number is 073902436. Customers updating payroll or direct deposit information should verify the current instructions provided by the bank.
What Services Does Midwest Heritage Bank Offer?
Personal Banking
Midwest Heritage provides several products for personal customers. These include checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, personal loans, and mortgage products.
Customers can also access digital banking tools for everyday account management. These services allow customers to review transactions, transfer funds, pay bills, and access statements.
Business Banking
Midwest Heritage provides specialized services for commercial customers. Business products include checking accounts, business eBanking, ACH origination, Business Bill Pay, remote deposit capture, and wire services.
Businesses can also use fraud prevention products such as Check Positive Pay, ACH Positive Pay, and ACH Block. These services are designed to help businesses monitor and control electronic transactions.
Agricultural Banking
Agricultural lending is another part of Midwest Heritage’s commercial banking operation. The bank serves farmers and agricultural businesses through lending and related financial services.
This service is particularly relevant across Iowa, where agriculture plays a significant role in many local economies. The bank’s western Iowa expansion also strengthens its presence in agricultural communities.
Does Midwest Heritage Offer Investment And Insurance Services?
Investment Services
Midwest Heritage provides investment and retirement planning through its financial advisory operations. Services can include investment planning, retirement planning, financial planning, and wealth management.
Investment products are different from bank deposits and are not protected by FDIC insurance against investment losses. Customers should therefore distinguish investment accounts from eligible deposit accounts.
Insurance Services
The bank operates Midwest Heritage Insurance Services, which provides several types of insurance coverage. Offerings can include life, health, homeowners, auto, commercial, and worksite insurance.
These services expand the organization’s role beyond traditional banking. Customers can therefore access several financial services through the broader Midwest Heritage organization.
Trust Services
Trust services became particularly important following the Iowa Savings Bank acquisition. Iowa Savings Bank previously operated a trust division providing fiduciary services, estate planning, farm management, and trust administration.
These capabilities expanded Midwest Heritage’s wealth management and trust offerings after the acquisition. The addition was particularly relevant for customers requiring estate or agricultural trust services.
Does Midwest Heritage Bank Have Online Banking?
How Does Online Banking Work?
Midwest Heritage provides online banking for personal customers. Customers can use the service to manage accounts, review transactions, transfer funds, access statements, and pay bills.
Former Iowa Savings Bank customers were also moved onto this platform during the 2026 conversion. New customers can enroll through the bank’s current website.
What Is MHBank2Go?
MHBank2Go is Midwest Heritage Bank’s mobile banking application. Customers can use it to manage accounts, make transfers, submit mobile deposits, access statements, and use other digital services.
The application also provides access to Zelle for eligible customers. Users should download the current application through an official app marketplace rather than relying on third-party download sites.
Can You Use Zelle With Midwest Heritage?
Yes, Zelle is available through Midwest Heritage’s online and mobile banking services. The bank states that it does not charge customers a fee to send money through Zelle.
Customers should verify recipient information carefully before sending money. Electronic payments can be difficult to reverse after they have been completed.
What Is The Midwest Heritage Bank Routing Number?
Current Routing Number
The current Midwest Heritage Bank routing number is 073902436. This number is used for eligible electronic transactions, direct deposits, and other banking purposes.
The routing number should not be confused with an account number, online banking Login ID, or password. Customers should verify routing information before completing important transactions.
Should Former Iowa Savings Customers Update Their Information?
Former Iowa Savings Bank customers should review their direct deposit and payment instructions after the conversion. Midwest Heritage specifically encouraged customers to update payroll and direct deposit information following the transition.
Customers should use 073902436 when current Midwest Heritage routing information is required. Important payment instructions should always be confirmed with the bank.
Where Are Midwest Heritage Bank Locations?
Iowa Branch Network
Midwest Heritage operates banking locations across Iowa, including communities in the Des Moines area and other parts of the state. Locations include West Des Moines, Des Moines, Grimes, Ames, Chariton, Carroll, and Windsor Heights.
The Iowa Savings Bank acquisition expanded the bank’s presence in western Iowa. Customers should use the official branch directory for current addresses, hours, and available services.
Hy-Vee Store Locations
Some Midwest Heritage branches operate inside Hy-Vee stores. The bank has used this model since opening its first Hy-Vee store branch in Ames in 1996.
Store-based locations can have different hours from standalone branches. Customers should therefore check the current branch information before visiting a particular location.
What Is The Midwest Heritage Bank Customer Service Number?
Main Customer Service
The main Midwest Heritage customer service number is 800-782-0521. Customers can also contact individual branches through the bank’s location directory.
Customer service availability can change, particularly around federal holidays. Customers should verify current hours before calling if they need assistance outside normal banking times.
What If Online Banking Is Not Working?
Customers experiencing online banking problems should first confirm that they are using the current Midwest Heritage website or MHBank2Go application.
Former Iowa Savings Bank customers should also confirm that they completed the required post-conversion enrollment. For account-specific problems, contacting Midwest Heritage directly is preferable to relying on outdated third-party instructions.
Does Midwest Heritage Bank Have Hy-Vee PERKs Benefits?
How Does The PERKs Connection Work?
Midwest Heritage customers can connect eligible debit card activity with the Hy-Vee PERKs program. This provides an additional benefit tied to the bank’s relationship with its parent company.
The bank states that customers who swipe their debit card 15 times during a month can earn a $0.25 fuel discount applied to their PERKs card.
Customers should review the current program terms before relying on the benefit. Promotional requirements and conditions can change over time.
How Does Midwest Heritage Compare With Other Banks?
Comparing Regional Financial Institutions
Midwest Heritage operates differently from independent regional banks because it is part of the Hy-Vee corporate family. Its combination of banking, insurance, investment, and trust services also gives customers access to several financial products.
For comparison, readers researching banking institutions may encounter information about the Mid-Penn Bank online banking system, which belongs to a separate Pennsylvania institution.
Similarly, the IASA Job Bank is unrelated to Midwest Heritage Bank and focuses on Illinois education employment opportunities. Another separate financial institution is North Brookfield Savings Bank, which operates in Massachusetts.
These institutions should not be treated as affiliated simply because they appear in related banking searches. Checking the bank’s location, ownership, and official website can help distinguish similarly named organizations.
Is Midwest Heritage Bank FDIC Insured?
What Does FDIC Insurance Cover?
Midwest Heritage Bank is FDIC insured, meaning eligible deposits receive federal deposit insurance within applicable coverage limits. FDIC insurance applies to qualifying deposit accounts under federal rules.
Customers should understand that deposit insurance is separate from other financial services. Coverage can also depend on account ownership categories and applicable federal limits.
Are Investment Products FDIC Insured?
No. Investment products offered through Midwest Heritage are separate from insured bank deposits. Their value can increase or decrease based on market conditions.
Customers considering investment services should therefore distinguish those products from checking, savings, and other qualifying deposit accounts.
Frequently Asked Questions
Who Owns Midwest Heritage Bank?
Midwest Heritage Bank is a Hy-Vee company. Its relationship with Hy-Vee began in 1963, followed by Hy-Vee Foods’ direct purchase of the bank in 1986.
What Is The Midwest Heritage Bank Routing Number?
The current Midwest Heritage Bank routing number is 073902436. Former Iowa Savings Bank customers were encouraged to update direct deposit information after the 2026 conversion.
Did Midwest Heritage Bank Buy Iowa Savings Bank?
Yes. Midwest Heritage agreed to acquire Iowa Savings Bank in 2026, with the banking system conversion completed in June 2026.
What Happened To Iowa Savings Bank Customers?
Former Iowa Savings Bank customers were moved to Midwest Heritage’s banking systems. Their account numbers remained unchanged, while digital banking settings and some payment information required review.
Does Midwest Heritage Bank Have Mobile Banking?
Yes. Midwest Heritage offers the MHBank2Go mobile banking application for account management, transfers, mobile deposits, and other digital banking services.
Final Takeaways
Midwest Heritage Bank is an Iowa financial institution with roots dating back to 1930 and a long-standing relationship with Hy-Vee. The bank provides personal banking, business banking, lending, investment, insurance, and trust services to customers across its markets.
The 2026 Iowa Savings Bank acquisition is the most significant recent development involving Midwest Heritage. Former Iowa Savings customers moved onto Midwest Heritage banking systems in June 2026 while retaining their existing account numbers.
The current Midwest Heritage Bank routing number is 073902436, while its main customer service number is 800-782-0521. Customers should rely on current information from Midwest Heritage when managing accounts, updating payment instructions, or accessing digital banking services.