Banks in Madison County, Iowa
8 active bank branches operated by 4 institutions, per FDIC records.
Active branches
8
Banks present
4
Deposits (2025)
$448M
Closings since 2020
0
0 openings
Largest banks by deposits in Madison County (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Farmers and Merchants State Bank | $203M | 45.3% | 3 |
| Union State Bank | $112M | 25% | 2 |
| Earlham Savings Bank | $91M | 20.4% | 2 |
| American State Bank | $42M | 9.3% | 1 |
Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors.
Cities and towns
Transcribed from FDIC BankFind Suite active-location records and the annual Summary of Deposits. County assignment follows the FDIC branch record.