Iowa Code

Iowa Code § 524.201 (2026)

Superintendent of banking

✓ current as of July 2026

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1. The governor shall appoint, subject to confirmation by the senate, a superintendent of banking. The appointee shall be selected solely with regard to qualification and fitness to discharge the duties of office, and a person shall not be appointed who has not had at least five years’ experience as an executive officer in a bank. The superintendent shall serve at the pleasure of the governor.

2. The superintendent shall receive a salary set by the governor within a range established by section 8A.461. [C24, 27, 31, 35, 39, §9130, 9131; C46, 50, 54, 58, 62, 66, §524.1, 524.2; C71, 73, 75, 77, 79, 81, §524.201] 95 Acts, ch 148, §8; 2004 Acts, ch 1141, §2; 2023 Acts, ch 19, §2739; 2024 Acts, ch 1182, §165, 168 Referred to in §524.211, 535D.3, 546.3 Confirmation, see §2.32\n\n 524.202 Superintendent — salary. Repealed by 2023 Acts, ch 19, §2767. \n

Notes of Decisions

Cited in 2 cases, 1986–1989 · leading case: Black v. First Interstate Bank of Fort Dodge, 439 N.W.2d 647 (Iowa 1989).

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Black v. First Interstate Bank of Fort Dodge, 439 N.W.2d 647 (Iowa 1989). · cites it 2× “See Iowa Code § 524.201 et seq. Under the act, the superintendent of banking has “general control, supervision and regulation of all state banks and shall be charged with the administration and the execution of the laws of this state relating to banks and banking.”

Nordbrock v. State, 395 N.W.2d 872 (Iowa 1986). “§ 524.201. This legislative scheme of broad, general power is continued in the job description, which states: “The superintendent shall have general control, supervision, and regulation of all state banks_” § 524.”

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