June 2, 2025 —
Availa Bank Announces Groundbreaking, New Sioux City Location
The current staff will relocate to a new building on Sergeant Road
Sioux City, Iowa (June 2, 2025) – Availa Bank is pleased to announce the groundbreaking of a new location for their Sioux City team. The current location, (1380 Hamilton Blvd.), will be replaced by a brand-new building at 5451 Sergeant Road in Sioux City.
Availa Bank team members, CMBA Architects, and the Siouxland Chamber of Commerce all attended the groundbreaking ceremony on Wednesday, May 28th. Market President, Jason Rasmus, spoke about the future of the bank and what this new building means to his team.
The new facility will feature two stories, with a focus on client privacy, an ITM, drive-through, and rooftop patio. Construction is set to be completed by June of 2026.

Rasmus is looking forward to the new location, “This groundbreaking symbolizes our commitment to investing in Siouxland. We're excited to create a modern space for our customers and employees to thrive. This new branch will allow us to better serve the community and support local businesses,” he says.
Jeff Scharfenkamp, President and CEO, says of the new location “We are proud to announce the groundbreaking of our new Sioux City location. Availa Bank has been part of the Sioux City community since June 2019. Our team members have worked hard to grow our banking presence in Sioux City and these efforts have generated great success. Thanks to these efforts and the outstanding support of the Sioux City community, we will be creating a space that will serve the financial needs of our customers and the community for years to come.”
General
Availa Bank’s roots date back to 1870 when it was originally chartered. Availa is the first three syllables of the word available, a word that defines the bank’s mission — to empower our team to inspire and enable our clients and the communities we serve to achieve financial success. Availa Bank locations are in the following communities: Ames, Ankeny, Carroll, Coon Rapids, Council Bluffs, Fort Dodge, Holstein, Jewell, Nevada, Omaha (LPO Only), Pocahontas, Sioux City and Webster City. For more information about Availa Bank, visit www.Availa.Bank. Member FDIC.