Jason Herrboldt New CEO

Bank Iowa announces new President and CEO, Jason Herrboldt

Meet Jason Herrboldt

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Beginning in May 2026, Jason Herrboldt will serve as President and CEO of Bank Iowa, bringing more than 25 years of banking leadership experience across agricultural, commercial, retail, mortgage and wealth management.

Raised on a family farm in eastern South Dakota, Jason has a strong connection to agriculture, and the types of communities Bank Iowa serves. He is known for building high-performing teams, strengthening client relationships and leading organizations through growth and change, while staying grounded in a community-first approach.

Pictured Left to Right (Jim Plagge, Jason Herrboldt)

Jason Herrboldt

Incoming President & CEO

“What stands out to me about Bank Iowa is their culture and the strong commitment to community, rooted in its family ownership and especially reflected in their support of farm families and businesses across Iowa. That stewardship mindset has shaped who the bank is today, and I look forward to building on that legacy to help shape the next 50 years.”

Honoring Jim Plagge

Jim Plagge’s leadership has played a defining role in shaping Bank Iowa over the past decade. Since becoming President and CEO in 2012, he guided the bank through a period of significant growth, expanding assets, strengthening services and positioning the organization for long-term success, all while staying true to its community-first values. His focus on building a strong leadership team and investing in people has created a culture that will continue to benefit clients and communities for years to come.

Beyond financial performance, Jim’s impact is deeply felt in the communities Bank Iowa serves. He championed a culture of giving, supported initiatives that strengthened rural Iowa and consistently led by example through his own commitment to service. His dedication to clients, team members and communities leaves a lasting legacy, and we are grateful for the foundation he has built as Bank Iowa looks ahead to its next chapter.

“Jason’s journey, from his rural roots to leading in community banking, reflects a deep, authentic connection to people and communities. He recognizes that what we’ve built at Bank Iowa is something to be honored and strengthened. His commitment to earning trust, practicing accountability and applying a ‘one team’ mindset makes Jason the right leader to carry our purpose forward.”

Jim Plagge

President & CEO

Strength and Stability

For the past 50 years, Bank Iowa has proudly served communities across the state with a strong commitment to local banking and long-term relationships. Today, the bank has grown to more than $2 billion in assets and operates 20+ locations throughout Iowa, continuing to provide trusted financial services with a hometown approach. Learn more about Bank Iowa’s 50-year history at www.bankiowa50.com.

Bank Iowa has been owned by the Duncan and Barr families for the last 50 years, reflecting a legacy of stable, family-led leadership and dedication to Iowa communities. To learn more about the bank’s performance and milestones, read the 2025 Annual Report.

Pictured Left to Right (Jason Herrboldt, Paige Duncan, JB Barr)

What Does This Mean for Clients?

There will be no changes to your accounts or services, and you will continue to work with the same local teams you know and trust. We remain committed to investing in your community while maintaining a strong focus on agricultural, business, and consumer banking.

Digital Resources

Bank Iowa Publications

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