Our History

The man in our logo says a lot about who we are.

You would figure any bank with Lincoln's name on it would have a rich history. And in our case, you'd be right.

Since our founding in 1902, we've grown bigger, added branches and expanded our financial offerings. But through it all, we've had the same focus - providing our Iowa neighbors with exceptional community banking services delivered by people they can trust.

Just like Abe, we’re forward-thinking, innovative and passionate about what we do. We work hard day-in and day-out, and we care more about others than we do ourselves. At Lincoln Savings Bank, we’re not satisfied with being good. We're always trying to become better. Better solution-seekers, better relationship builders – and yes, better community bankers.

We invite you to enjoy over a century’s worth of Lincoln Savings Banks’ rich history. But most importantly, we invite you to be a part of the exciting future we're writing right now.

1902 Lincoln (Berlin)

The German Savings Bank was founded in Berlin, Iowa, in 1902. In 1917 the name was changed to Lincoln Savings Bank.

1934 Reinbeck

Doors opened to the Reinbeck office on March 26, 1934. LSB's corporate headquarters were moved from Lincoln to Reinbeck at this time, and remain there to this day.

1987 Allison

Allison became the third Lincoln Savings Bank branch office on February 5,1987. This location was formerly The Hawkeye Bank of Allison.

1991 Aplington

On October 1, 1991, Lincoln Savings Bank acquired State Savings Bank and the Aplington Insurance Agency. This marked the first acquisition of a non-bank entity!

1995 Garwin

Lincoln Savings Bank acquired Farmers Savings on October 1, 1995. The Garwin office is located in the original 1903 Garwin State Bank location, which was purchased by Farmers Savings Bank in 1912.

1996 Greene

The Greene office was acquired from First State Bank of Greene on July 1, 1996. First State Bank of Greene had been in existence since 1887!

1999 Nashua

Nashua was acquired from First Nashua State Bank on May 3, 1999. First Nashua State Bank was a single location, family-owned institution prior to acquisition.

2000 Hudson & Cedar Falls Downtown

Acquired from Mercantile Bank Midwest on February 14, 2000, the Hudson and Cedar Falls Downtown offices marked Lincoln Savings Bank's arrival in the "metro."

2002 Waterloo

A century after the original LSB office opened in Lincoln, a temporary office opened in Waterloo on March 26, 2002. The permanent office opened in the Spring of 2003.

2003 Cedar Falls Industrial Park

On October 15, 2003, Lincoln Savings Bank opened in Cedar Falls Industrial Park. This marked the first city in Iowa to have more than one LSB location.

2004 Tama

The Tama office was acquired from TSB Bank on July 9, 2004. Originally chartered in 1927, TSB Bank was a family-owned bank at the time of acquisition.

2009 Waverly

On March 30, 2009, Lincoln Savings Bank opened the doors to its newly constructed Waverly Branch.

2010 LSB Mortgage

On July 1, 2010, LSB mortgage opened a mortgage lending office in Waterloo, staffed primarily with mortgage professionals previously with Sands/Inlanta Mortgage.

On November 15, 2010, a new mortgage office was also opened in Adel, Iowa, pushing the footprint of Lincoln Savings Bank further west.

2011 LSB Mortgage

In 2011 LSB Mortgage opened 2 Des Moines area offices. The largest of these being the Clive office in February and in April an LSB Mortgage office opened in Ankeny.

January 2011 - First offered online deposit account opening

March 2011 - Launched first social media site at facebook.com/myLSB

September 2011 - First offered mobile banking

October 2011 - Launched first myLSB app with browser-based mobile banking

May 2012 - Launched mobile website for mylsb.com

2013 Clive & Adel

The Clive building, formerly occupied by Liberty Bank, was purchased, remodeled, and ready for occupancy. We moved our Clive based mortgage team to the new location and opened as a full-service branch on January 8, 2013.

A remodel of the Adel office was completed, and the bank branch opened on January 21, 2013. To save the integrity of the historical downtown, the original road brick was used for the inside branch decor.

2014 Ankeny & Waterloo

In late 2013, land was purchased for future expansion in Ankeny.

The Kimball Operations site was opened in Waterloo.

2015 Ankeny & West Glen

The newly built Ankeny location was completed and open for business on January 26.

We opened a new Mortgage Loan Operations building in West Des Moines.

2017 Adel

A brand new branch was built in Adel and the team previously working out of the town square moved to the new location and began service on April 11.

Lincoln Savings Bank is a full-service Central and Northeast Iowa bank dedicated to local customers and communities since 1902.