General Info

The Valley Bank & Trust was originally organized in 1874 under the name of T. S. Steele and Son. It was first located in an eighteen by twenty-four foot frame building on the south side of Main Street. In 1879 the Steele's erected a brick building that was used for nearly 70 years. In 1933 the Bank was incorporated as The Steele State Bank and in 1968 they moved Bank to a new building at the current address of 200 S 2nd Street, Cherokee, Iowa. In 1985 the Bank was acquired by Tad Hammond and Herman Dinklage and the name was changed to the Valley Bank & Trust. Tad Hammond and Jill Hammond are now the principal stockholders. The Valley Bank & Trust is a full service community bank providing agricultural, personal and commercial banking services to Cherokee County area. We also provide trust services and some insurance products. To better serve our customers, a new branch office has been opened in nearby Marcus, Iowa. The Valley Bank & Trust has a very experienced and dedicated staff who pride themselves in providing professional, personalized and friendly service to every customer. If we can provide better service to you, please feel free to contact us in person or by phoning 712-225-6117 in Cherokee or 712-376-2434 in Marcus.