Money Doesn't Grow on Trees...That's Why We're Here!

Because money doesn't always multiply as fast as your ideas and needs, Iowa State Bank & Trust Company offers competitive interest rates on a variety of retail loan products. Take a look for yourself!

Personal Loans

Whether you're buying your dream car or you need emergency funds, our loan officers are happy to offer several options and plans for your needs. Debt can either be secured or unsecured. A particular loan can have a fixed term or revolving line of credit and the applicable rate can be either fixed or variable. Read on for more info, or calculate the loan of your choice on our Loan Calculator.

Auto Loan

Need a new set of wheels? We can help! Whether you're looking at a brand new car or thinking about purchasing a quality used vehicle, we have a loan plan that will put you in the driver's seat. We can also pre-qualify you for a loan, so when you find that perfect car, you can act fast!

Please contact our Loan Center at 319-356-5800 for current rates and terms. Rates are subject to change daily.

Click here to find the book value on your vehicle.

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Home Equity Loans

Whether you're thinking of buying a new car, adding that new deck, or remodeling your kitchen-ISB&T offers a full range of home equity loan products to fit your every need! Contact us about current interest rates and terms available.

Loan Logistics

Secured Loans-Loans are secured if they are backed by a specific asset as a backup source of loan repayment. Examples of this backing, or collateral, would be cars, homes, certificates of deposit and stocks. If there is a failure to pay on schedule, we can repossess the collateral and sell it to pay off the loan. Our two most popular types of this loan are car loans secured by the car and home equity loans.

Unsecured Loans-Loans that are unsecured do not have any collateral backing the loan. Examples of unsecured loans are credit cards and signature loans.

Term Loans-Term loans, or installment loans, have a specific time that the loan will be repaid by and a specified payment schedule-due by month, quarter, semiannually or annually. Each payment goes towards accrued interest and the principal. At the end of the specified time, the loan will be paid off. Most of our installment loans have monthly payments. A car loan is a good example of an installment loan. The borrower and the bank know that there is a specific payment due on the same day of each month for four years, after which the car will be paid for if the borrower makes all payments as scheduled.

Revolving Lines of Credit-Credit cards and home equity lines of credit are examples of revolving lines of credit. You can borrow as much or as little as you need, up to a pre-approved credit limit. Instead of a payment, you choose to pay any amount above the minimum payment. You may use your line of credit at any time and reuse it once you've paid down what you owe and have available credit to use. Both term loans and revolving credit can be either secured or unsecured. Most of our retail loans have a fixed rate, meaning that the interest rate will not change over the term of the loan. Our home equity line of credit is a variable rate loan. If you have further questions or comments about our loan services, please Contact Us.