Hills Bank And Trust Company
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Hills Bank And Trust Company
Hills Bank is a bank based in Hills, Iowa, U.S.A., with more than 500 employees across 18 offices in three eastern Iowa counties and total assets of $4.3 billion. While headquartered in a town of fewer than 900 people, Hills Bank is one of the largest independent banks in Iowa. The bank was founded in 1904, and is a subsidiary of Hills Bancorporation, a holding company established on December 12, 1982. The bank's president is Lisa Shileny and its CEO is Dwight Seegmiller. Member FDIC. Early Years: Hills Savings Bank On February 15, 1904, Hills Savings Bank was founded by 19 local citizens with $10,000 among them and the dream of organizing a local savings bank. Subscriptions for stock in the bank were purchased with each share valued at $100. A board of directors was elected and plans were made to construct a building. Later that summer, the Hills Savings Bank opened for business with only a handful of employees. Albert Droll was hired as a teller in 1921 and officially beca ...
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Hills, Iowa
Hills is a city in Johnson County, Iowa, United States. It is part of the Iowa City, Iowa Metropolitan Statistical Area. The population was 863 at the time of the 2020 census. It is part of the Iowa City Community School District. Geography Hills is located at (41.557041, -91.534992). According to the United States Census Bureau, the city has a total area of , all land. Demographics 2010 census As of the census of 2010, there were 703 people, 299 households, and 190 families living in the city. The population density was . There were 349 housing units at an average density of . The racial makeup of the city was 93.3% White, 0.3% African American, 0.7% Native American, 1.3% Asian, 1.6% from other races, and 2.8% from two or more races. Hispanic or Latino of any race were 4.0% of the population. There were 299 households, of which 26.8% had children under the age of 18 living with them, 52.2% were married couples living together, 7.4% had a female householder wit ...
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Iowa
Iowa () is a state in the Midwestern region of the United States, bordered by the Mississippi River to the east and the Missouri River and Big Sioux River to the west. It is bordered by six states: Wisconsin to the northeast, Illinois to the east and southeast, Missouri to the south, Nebraska to the west, South Dakota to the northwest, and Minnesota to the north. During the 18th and early 19th centuries, Iowa was a part of French Louisiana and Spanish Louisiana; its state flag is patterned after the flag of France. After the Louisiana Purchase, people laid the foundation for an agriculture-based economy in the heart of the Corn Belt. In the latter half of the 20th century, Iowa's agricultural economy transitioned to a diversified economy of advanced manufacturing, processing, financial services, information technology, biotechnology, and green energy production. Iowa is the 26th most extensive in total area and the 31st most populous of the 50 U.S. states, with a populat ...
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Banks Based In Iowa
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Banks Established In 1904
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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