History

Boone Bank & Trust Co. is owned by Ames National Corporation (ANC), a publicly traded bank holding company based in Ames, Iowa. The bank was established in 1883 under the name of Boone County Bank. The bank name changed slightly over the years with ownership changes. In 1925 the bank expanded through the acquisition of the assets of the Boone National Bank and again in 1930 by the assumption of the assets of the failed Farmers State Bank. The bank was one of four Boone County banks to remain after the Roosevelt administration’s April 1933, "Bank Holiday". In 1991 this community bank was purchased by ANC.

We are committed to serving the financial needs of our customers and the community. Our success over the years is evidenced by our growth; the first published statement of condition of 1886 disclosed total assets of more than $165 thousand. Today we manage assets of more than $160 million. Our longevity and success are a result of dedicated employees and excellent customer service standards.