Peg Scott in

Peg Scott

Chief Executive Officer at Union State Bank
📍 Fontanelle, Iowa, United States

Peg Scott is the CEO of Union State Bank, where she has worked for over 40 years. After starting as a teller, she rose through the ranks and famously led a group of local investors to purchase the bank in 2007 to keep it locally owned. She is a passionate advocate for community banking at state and national levels.

Growing up on a dairy farm instilled a strong work ethic that she applies to both her career and personal life. Married to a farmer, Jim, she enjoys hobbies like canning, sewing, and gardening. Her daughter, Jessi, also works alongside her at the bank as Vice President of Operations.

When the bank she worked at was put up for sale, she convinced her husband and 33 local investors to buy it.

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Current Role
Chief Executive Officer
Job Level
Leadership
Location
Fontanelle, Iowa, United States
Personality Overview
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Priorities

Topics Peg cares about

Community Banking
Fears small towns will disappear without local banks and actively advocates for them through the Iowa and American Bankers Associations.
Local Economic Growth
Led the acquisition of a neighboring community bank in 2024 to better serve local customers and ensure stability for employees.
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Career

Work history

Chief Executive Officer
Union State Bank
In the press

Media appearances

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Education

Peg has no verified education history

Social presence
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