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Bank Branches › Closed and merged banks › Iowa › First National Bank of Eldora

FDIC certificate 10498 · Eldora, IA

What happened to First National Bank of Eldora?

First National Bank of Eldora in Eldora, IA failed, and Hawkeye Bank & Trust, Eldora, Iowa of Eldora, IA took it over on Oct 5, 1973. After 3 more changes of hands, what was First National Bank of Eldora is today part of First Interstate Bank (Billings, MT).

1871
opened
1973
failed
1
name it used
4
steps to today's bank

The chain, step by step

From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.

  1. 1871
    First National Bank of Eldora opens in Eldora, IA
  2. Oct 5, 1973
    FAILEDFirst National Bank of Eldora failed, and Hawkeye Bank & Trust, Eldora, Iowa of Eldora, IA took it over.FDIC certificate 10498 ends; its business continues under certificate 21270.
  3. Feb 7, 1987
    MERGEDHawkeye Bank & Trust, Eldora, Iowa of Eldora, IA merged into Security Bank of Marshalltown, IA.FDIC certificate 21270 ends; its business continues under certificate 10904.
  4. Apr 23, 2010
    MERGEDSecurity Bank (by then renamed F&M Bank-Iowa Central) of Marshalltown, IA merged into Great Western Bank of Sioux Falls, SD.FDIC certificate 10904 ends; its business continues under certificate 15289.
  5. Feb 1, 2022
    MERGEDGreat Western Bank of Sioux Falls, SD merged into First Interstate Bank of Billings, MT.FDIC certificate 15289 ends; its business continues under certificate 1105.
  6. Today
    OPEN
    First Interstate BankMain office Billings, MT · FDIC certificate 1105 · 274 offices in 10 states on June 30, 2026

    Every First Interstate Bank office →   Website on file with the FDIC: www.firstinterstatebank.com

If you still have something from First National Bank of Eldora

A lien that was never released

First National Bank of Eldora failed on Oct 5, 1973. For a failed bank placed in FDIC receivership, the FDIC may be able to issue the lien release, if the loan was paid off to the bank before it failed or to the FDIC afterward. The FDIC says that where a failed bank had an acquirer, its records in most cases went to that acquirer. Here the chain from the acquirer leads to First Interstate Bank, which is worth asking too.

Requests go through the FDIC Information and Support Center with the recorded mortgage or title, and proof of payoff. The FDIC says to allow 30 business days once it has every document, and does not take requests by phone or email. Questions: FDIC Resolution Inquiries, 888-206-4662, 8am–4pm Central on weekdays.

An old account, passbook or CD

When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Hawkeye Bank & Trust, Eldora, Iowa). Start with First Interstate Bank, and ask them to search under the name First National Bank of Eldora.

This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.

A safe deposit box

The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask First Interstate Bank. A box abandoned for years may have been turned over to the state's unclaimed-property program.

Box contents are not covered by FDIC insurance.

Not sure this is your bank?

Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.

Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.

One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.

This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.

Where the guidance comes from ▾

Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 10498 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.