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.
Peg Scott
Chief Executive Officer at Union State Bank
Fontanelle, Iowa, United States
Overview
Topics They Care 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.
Women in Banking
Recognized as a 2019 "Outstanding Woman in Banking" and hosted the Iowa Bankers Association's first Women in Banking conference.
Media Appearances
Peg has no verified media appearances
Work History
Chief Executive Officer at Union State Bank
Education
Peg has no verified education history
More Information
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Location : Fontanelle, Iowa, United States
Job Level : Leadership
Designation : Chief Executive Officer at Union State Bank
