Iowa Savings Bank is your local personal and commercial bank. Bank has branches in Carroll, Coon Rapids, Bayard, and Lake City, Iowa. The Iowa Savings Bank started in 1902 in Coon Rapids, Iowa. The founders listed at the time of state chartering were: Warren and Edward Garst, Mrs. Charles (Laura) Garst, S.D. Henry, F.C. Jones and George Cretsinger.