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Spirit Lake • Terril

The State Bank

1902 Hill Ave • Spirit Lake, IA 51360 • 712.336.2455
101 N State Street • Terril, IA 51364 • 712.853.6200

Mortgage Loans

  • Apply for a mortgage anytime and anywhere.
  • Save your application to complete at a later time.

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Sallie Mae Smart Option

Small Business Customers
Visit our Paycheck Protection Program page for more information on the recent changes to the PPP program.


Real Estate Loans

The State Bank is in the real estate, not in the market to buy or sell, we're in the market to make loans at competitive rates so "you" can buy or sell. If a change is in your near future, we can find a loan program to fit your needs. Make your dream home a reality with our help.
Apply Online Now
Figure your payment with our loan calculator.

Consumer Loans

The State Bank offers consumer loans on a personal level. If you're planning a major purchase, an installment loan could be just what you need. We make installment loans at competitive interest rates with a payback schedule that fits your monthly budget.
Figure your payment with our loan calculator.

Agricultural Loans

The State Bank offers a full line of agricultural credit products to meet the needs of Dickinson County and surrounding area. Some of the services we offer include:

  • Operating Loans/Lines of Credit
  • Ag Real Estate Loans
  • Equipment/Capital Improvement Loans
  • Livestock Loans
  • Loans through State and Federal Farm Loan Programs: FSA, Iowa Family Farm Development Program, etc.

Figure your payment with our loan calculator.

Commercial Loans

Our commercial loan department stands ready to evaluate your business financial needs. We offer a variety of commercial lending products such as:

  • Business Lines of Credit
  • Corporate Credit Cards
  • Equipment Loans
  • Inventory Financing
  • Operating Capital Loans
  • SBA Guaranteed Loans

Figure your payment with our loan calculator.

Student Loans

The State Bank Smart Option Student Loan by Sallie Mae ®

For borrowers attending degree-granting institutions

Now you can pay for college the smart way with three great repayment options and competitive interest rates!

The loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. To learn more or to apply, please get started here.

The Smart Option Student Loan features and benefits:

  • Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates provides even more flexibility
  • No origination fees and no prepayment penalty
  • Benefits and an interest rate reduction available
  • Rates that reward creditworthy borrowers
  • Applying with a creditworthy cosigner may help you qualify
  • 100% U.S.-Based Student Loan Specialists

To learn more, please get started here.

Sallie Mae Smart Option

*We are compensated by Sallie Mae for the referral of Smart Option Student Loan customers.

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Member FDIC Equal Housing Lender