Press Release

Des Moines, Iowa – August 22, 2025 – Twin Cedars Bank is proud to announce that it has been recognized on the prestigious Inc. 5000 list, ranking among the fastest-growing privately held companies in America. The annual Inc. 5000 list celebrates entrepreneurial success, innovation, and sustainable growth across industries nationwide.

"Being named to the Inc. 5000 for a second year is a milestone that reflects the hard work of our team, the trust of our customers, and the strength of the communities we serve," said Rudy Fors, Founder & Chairman of Twin Cedars Bancorp. "We’re proud of our growth, but even more proud of how we’ve achieved it—by helping families, businesses, and communities thrive."

Twin Cedars Bank’s recognition on the Inc. 5000 list underscores its commitment to innovation in community banking, from expanding digital banking services for both consumers and businesses. The achievement also highlights the bank’s strong financial performance and strategic vision for long-term success.

The Inc. 5000 list, produced annually since 1982, ranks companies by overall revenue growth over a three-year period. Past honorees include household names such as Microsoft, Under Armour, and Patagonia.

About Twin Cedars Bank:

Twin Cedars Bank's roots trace back to 1892 in Bussey, IA, and it is a wholly-owned subsidiary of Twin Cedars Bancorp, Inc., with $118 million in total assets and $165 million in assets under management. The Bank serves Iowa while operating branches in Des Moines, Bussey, Lovilia, and Oskaloosa, Iowa, along with having a digital presence in over 33 states. Twin Cedars Bank offers a sophisticated suite of financial products and services for businesses and consumers.

For More Information:

For more information, visit our website at www.twincedars.bank. Member FDIC.

Media Contact: Name: Rudy Fors, Chairman, President & CEO

Phone: 515.344.2000

Email: Rudy@twincedars.bank