The Bank of Iwate, established in 1932, as a key financial institution in Iwate Prefecture, the largest prefecture on Japan's main island of Honshu. The prefecture, which is the Bank's business base, boasts a wide range of activity, from traditional industries to advanced technology. The Bank is committed to offering all manner of products and services with an eye to the new financial age, and is boldly stepping forward together with Iwate Prefecture into the 21st century.

　The Bank of Iwate group, consisting of the Bank itself, one subsidiary, and three affiliated companies as of the end of March 2009, is engaged in offering a wide variety of financial services centered on the banking business, including leasing and credit cards as well as clerical work outsourcing for the Bank.

As of the end of March 2009, the Bank of Iwate group had total assets of \2,421 billion (US$24,656 million) and total deposits of \2,189 billion (US$22,291 million).