Iowa-Des Moines National Bank Building
| Industry | Banking |
|---|---|
| Founded | 1882 |
| Headquarters | Des Moines , United States |
| Products | Banking services |
The Iowa-Des Moines National Bank Building, also referred to as the Valley National Bank Building and U.S. Bank, is a notable historic commercial structure situated in downtown Des Moines, Iowa. Created by the esteemed architectural firm Proudfoot, Rawson, Souers & Thomas, the design envisioned a 21- or 22-story edifice and stands out as one of the rare downtown buildings exhibiting the Art Deco architectural style. A distinctive feature of this building was its innovative layout, placing the banking hall on the second floor while reserving the ground level for retail purposes, reflecting its location within a predominantly retail district.
Since 1882, the site has been home to banking operations, initially occupied by Des Moines National Bank. The present structure emerged following the 1929 consolidation of Des Moines National Bank, Iowa National Bank, and Des Moines Savings Bank and Trust Company. The original plan included a five-story base topped by a setback office tower; however, only the base portion was constructed during 1931–1932. The ground floor is adorned with polished black granite, whereas the upper stories are faced with Bedford stone. The fifth floor was designed to serve as the foundation for the planned but never realized office tower.
The Iowa-Des Moines National Bank maintained its presence in this building until 1974 before moving to the Financial Center. In 1977, Valley National Bank acquired the property and completed renovations by 1979. That same year, the building was added to the National Register of Historic Places and subsequently became part of U.S. Bancorp's holdings.