Home Trust and Savings Bank

What Home Trust and Savings Bank does

The Home Trust & Savings Bank is an FDIC-insured, independently owned community bank founded on November 6, 1899, and headquartered at 628 Main Street, Osage, Iowa. It operates one full-service branch in Osage with a drive-up facility and a 24/7 on-site ATM, has been a member of the Federal Reserve System since 1918, and has held State Banking Department trust powers since 1914. The institution is structured as a privately held Iowa state-chartered bank with no parent company or holding entity, and operates as an Equal Housing Lender.

The bank's product set spans deposit accounts (checking, savings, certificates of deposit, IRAs), lending (personal, mortgage, business, and agricultural loans), and trust and wealth services. Card products include a Visa-branded contactless debit card and a Visa Platinum credit-card family with personal and business variants supporting Apple Pay, Google Pay, and Samsung Pay. Digital channels are delivered through an online-banking portal, a mobile-banking app, Zelle peer-to-peer transfers, bill pay, e-statements, and Touchtone telephone banking. Security features include the SHAZAM Brella mobile application for real-time fraud alerts and card controls, with Visa Secure online-transaction protection scheduled to go live on May 7, 2026.

Home Trust generates revenue through four streams: net interest income on loans (personal, business, mortgage, agricultural); transaction and account fees on deposits and ancillary banking services; interchange and annual fees from its Visa credit-card portfolio (e.g., Visa Platinum Business at $25/year, with $0 personal card options); and professional fees from the trust services operation that has been in continuous delivery since 1914. Customer acquisition runs through the local branch presence in Osage, Iowa, community referrals, and the company website. The target market is individual consumers and small business owners in Osage and Mitchell County, supported by FDIC-insured deposits and Equal Housing Lender standing.

Name

Home Trust and Savings Bank

Legal name

The Home Trust & Savings Bank

Website

https://hometrustbank.com

Company type

Private

Founded year

1899

Operating status

Operating

Headcount range

11–50 employees

Short description

Home Trust & Savings Bank is an FDIC-insured independent community bank founded in 1899 in Osage, Iowa, serving individual consumers and local small businesses with deposit accounts, lending, trust services, credit cards, and digital banking.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

State Commercial Banks (6022), Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industry

Savings Banks (Public/State-Owned) (FSABAKAK)

Keywords

• Community banking services
• Retail deposit accounts
• Commercial loan services
• Trust and retirement services
• Small business banking

Headquarters

HQ city

Osage

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income from Loans: Traditional banking revenue generated from interest earned on various loan products including personal loans, business loans, mortgages, and other credit facilities.
2. Deposit Account Fees and Services: Revenue from various banking services including checking accounts, savings accounts, wire transfers, and account maintenance services.
3. Credit Card Operations: Revenue from credit card operations including interchange fees and annual fees on Visa Platinum credit card products.
4. Trust Services: Fee-based revenue from trust and wealth management services offered to customers since 1914.

Pricing tiers

Distribution channels1 record

Marketing channels3 records

Core offering

Home Trust & Savings Bank is a traditional community bank providing FDIC-insured deposit products (checking, savings, certificates of deposit, IRAs), lending products (personal, business, mortgage, and agricultural loans), credit cards (Visa Platinum debit and credit), trust and estate services, and digital banking (online, mobile, bill pay, e-statements, Zelle, and SHAZAM Brella card security). It also offers business checking and business credit cards for local commercial customers.

Product overview

Home Trust & Savings Bank offers a comprehensive suite of traditional banking products and services through a multi-channel delivery system. The core offerings include checking and savings accounts, certificates of deposit, individual retirement accounts (IRA), trust services, business banking, and loan services. Digital banking is delivered through online and mobile platforms featuring bill pay, e-statements, and Zelle peer-to-peer transfers. The bank provides Visa-branded debit and credit cards with contactless payment support and digital wallet compatibility (Apple Pay, Google Pay, Samsung Pay). Security features include SHAZAM Brella mobile app for fraud alerts and card control, plus Visa Secure for online transactions. The product architecture combines traditional in-branch services with modern digital banking capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• SHAZAM Brella: Mobile debit card security app enabling users to receive transaction notifications, block/unblock cards, check balances, and send money person-to-person.

Products and services

• Personal Checking Accounts Personal checking account products offered by the bank to individuals with account features and benefits as described on the bank's product page.
• Savings Accounts Personal savings account products for accumulating funds with competitive interest rates, offered to individuals.
• Certificates of Deposit (CDs) Time deposit accounts with fixed terms and guaranteed returns for short- and long-term savings goals.
• Individual Retirement Accounts (IRAs) Tax-advantaged retirement savings accounts including Traditional and Roth IRA options for individuals.
• Trust Services Professional trust services including estate planning, trust administration, and fiduciary services. The bank qualified for trust powers from the Iowa State Banking Department in 1914.
• Business Checking Accounts Checking accounts designed for businesses, organizations, and commercial customers with specialized commercial features.
• Loan Services Comprehensive lending products including personal loans, mortgages, business loans, and agricultural loans to meet various customer needs.
• Online Banking Web-based banking platform providing 24/7 account access from any computer with secure login via Access ID and password for existing customers.
• Mobile Banking Smartphone-accessible banking allowing customers to manage accounts, check balances, and conduct transactions on the go.
• Zelle Person-to-Person Payments Fast and safe peer-to-peer money transfer service enabling users to send money directly between bank accounts in the U.S. using an email address or mobile phone number, typically delivered within minutes.
• Visa Platinum Debit Card Debit card usable at ATMs and wherever Visa is accepted, with daily limits of $1,000 at point of sale and $500 for ATM withdrawal. Supports contactless transactions and digital wallets.
• Visa Platinum Personal Credit Cards Personal Visa Platinum credit card product line including Visa Platinum Cash Rewards (1% cash back on transactions, $0 annual fee), Visa Platinum Rewards (1 point per dollar spent), and base Visa Platinum (digital-wallet enabled). $0 annual fee on all personal variants.
• Visa Platinum Business Credit Cards Business Visa Platinum credit card product line including Visa Platinum Business Cash Rewards, Visa Platinum Business Rewards (1 point per dollar), and base Visa Platinum Business (digital-wallet enabled). Annual fee of $25 on Business Rewards.
• SHAZAM Brella Mobile Security App Mobile security application providing real-time debit card purchase notifications, fraud alerts, temporary card blocking, account balance checks, and person-to-person instant money transfers. Previously known as Bolt$.
• ATM Services (SHAZAM Privileged Status Network) On-site ATM located on the west side of the 628 Main Street building, available 24 hours/7 days a week to customers and non-customers. Part of the SHAZAM Privileged Status ATM network. Accepts deposits from customers only.

Quantifiable outcome

• Debit card daily point-of-sale limit of $1,000 and ATM withdrawal limit of $500 provides clear transaction capacity parameters for customers.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• SHAZAMcoreTechnology or Integration · 7 May 2026SHAZAM provides debit card processing network services and the SHAZAM Brella mobile security application for Home Trust & Savings Bank. The partnership includes fraud monitoring, transaction alerts, card control features (block/unblock), and P2P payment capabilities. Starting May 7, 2026, SHAZAM will also provide Visa Secure additional debit card security for online transactions.
• SHAZAM Privileged Status NetworkcoreTechnology or IntegrationATM network membership providing customers access to the SHAZAM Privileged Status ATM network. Home Trust's ATM is located on the West side of their building and is accessible to both customers and non-customers 24 hours/7 days a week. Customers can also locate other Privileged Status ATMs through SHAZAM's ATM locator.
• VisacoreTechnology or IntegrationVisa provides credit card issuance capabilities and debit card network services. Home Trust offers multiple Visa credit card products including Visa Platinum Cash Rewards, Visa Platinum Rewards, Visa Platinum, and business variants. Debit cards are usable wherever Visa is accepted internationally.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• QCR Holdings: Quad City Bank & Trust holding company based in Moline, Illinois operating community bank charters across Iowa, Illinois, Missouri, and Wisconsin. Direct comparable for Iowa/Midwest community banking with multi-product offerings and local decision-making authority.
• Heartland Financial USA: Dubuque, Iowa-based community bank holding company operating multiple community bank charters across the Midwest, Southwest, and Western US. Comparable business model of preserving local community bank identity while operating a multi-state holding structure with diversified products.
• Hills Bank and Trust Company: Independently owned Iowa community bank headquartered in Hills, Iowa with personal/business banking, trust, and lending services across eastern Iowa. The closest comparable in scale and business model - a small-town Iowa community bank offering checking, savings, loans, and trust services with local decision-making.
• MidWestOne Financial Group: Iowa City-based community bank holding company operating MidWestOne Bank across Iowa with personal, business, and wealth management services. Direct competitor in Iowa community banking with similar product mix and geographic focus.
• Stock Yards Bank & Trust: Independently owned Louisville, Kentucky-based community bank with a strong, longstanding trust services division. Closest comparable for community bank model that emphasizes trust and wealth management as a recurring fee stream alongside traditional deposit and lending products.
• Cedar Rapids Bank and Trust: Iowa-based community bank (subsidiary of Heartland Financial USA) serving the Cedar Rapids market with personal and business banking. Comparable Iowa community bank with multi-product offerings and local relationship banking.

Regional players

• GreenState Credit Union: Iowa's largest credit union, headquartered in North Liberty, Iowa, serving similar Iowa community banking customers with deposits, lending, and wealth services. Competes for the same local consumer and SME segments as community banks across Iowa.

Broad incumbents

• Community Bank System: DeWitt, New York-based holding company for community banks across upstate New York, Pennsylvania, Vermont, and Massachusetts. Comparable multi-state community bank holding model with consumer, business, and wealth management lines.
• Tompkins Financial Corporation: Ithaca, New York-based community bank holding company operating Tompkins Community Bank, Tompkins Mahopac Bank, and Tompkins Trust Company. Similar community bank + dedicated trust company structure with comparable consumer and business banking services.
• Glacier Bancorp: Kalispell, Montana-based holding company for a network of community banks across the Western and Midwestern United States. Comparable as a multi-state community bank consolidator with decentralized local management, though much larger in scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/the-home-trust-and-savings-bank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Home Trust and Savings Bank