Newton Development Corporation

NDC Investors


FNNB Bank originally opened its doors in 1882.

FNNB Bank is still a locally owned, “hometown” bank with a long history of providing efficient, courteous service to all its customers. The Bank is owned and operated by people that call Jasper County home. We pride ourselves on being a great community citizen by being active in the community. With nearly 50 years of the same ownership the Bank’s values have continued to remain the same. Financially FNNB Bank is strong and stable, which has ensured those values remain the same for our customers.   

Where we came from….

The Bank was forced to close its doors for a short period of time during the bank holiday of the Great Depression. A group of local businessmen reorganized the bank and chartered it as the Newton National Bank. In 1977 the bank was re-titled First Newton National Bank. In 1981 First Newton National Bank acquired the adjacent building for additional space. In 1998 the Bank went through a complete interior remodeling to better utilize space and serve the public. In 2008 the Bank remodeled the building next door for what was a much needed increase in additional space; today that space consists of conference rooms and office space. Also in 2008, Robert M. Kahn, a 4th generation banker, came back to First Newton National Bank to continue the tradition and values that First Newton National has always operated under.

To this day the Bank continues to be Newton’s only locally owned financial institution.  

The Bank has always been innovative in the use of new ideas and technology. First Newton National Bank was the first bank in Newton to offer ATM cards and have Automated Teller Machines. In 1997 Bank-by-Phone was added and in early 2000 the Bank began offering Internet Banking to its customers. In 2012 the Bank rolled out a mobile banking application for utilization on its customer’s phones. In 2016 that application was updated and modified to allow for mobile deposit. Also in 2016, the Bank made the decision to convert to a State Chartered institution and transition from its National Bank Charter. With that conversion the Bank will have had to change its name to FNNB Bank.

FNNB Bank is still a locally owned, “hometown” bank with a long history of providing efficient, courteous service to all its customers.

Alliant Energy

For more than 100 years, Alliant Energy and our predecessor companies have kept homes warm, lights burning and factories running across the upper Midwest and around the world. Alliant Energy Corporation is a regulated, investor-owned public utility holding company providing regulated electric and natural gas service to approximately 1 million electric and 400,000 natural gas customers in the states of Iowa, Wisconsin and Minnesota.

Providing its customers in the Midwest with regulated electricity and natural gas service is the company’s primary focus. In addition, our focus extends beyond our energy operations. Every day, we demonstrate our commitment to safety, environmental leadership and community involvement.

The company's statistics include:

  • More than 5,000 employees across the country and abroad.
  • Operating revenues of $3.4 billion (year-end 2007).
  • Total assets of more than $7.1 billion (year-end 2007).

Alliant Energy, headquartered in Madison, Wis., is a Fortune 1000 company traded on the New York Stock Exchange under the symbol “LNT.”

Black Hills Energy

Based in Rapid City, S.D., Black Hills Company (BHC) celebrated its 125th year in 2008. Black Hills Company is a diversified energy company serving more than 750,000 customers in seven states (Iowa, South Dakota, Nebraska, Kansas, Montana, Wyoming and Colorado). Black Hills Energy is a subsidiary of BHC serving more than 148,500 industrial, commercial and residential customers in Iowa.

DMACC - Des Moines Area Community College

As one of America’s most respected community colleges, Des Moines Area Community College (DMACC) is committed to helping its students achieve success, ignite passions and realize dreams. Founded in September 1967, DMACC currently has more than 30,000 students on six central Iowa campuses including: Newton, Carroll, Boone, Ankeny, Des Moines and West Des Moines. Students are drawn to DMACC’s quality, affordable, student-centered education that includes small class sizes and caring faculty. While liberal arts remains DMACC’s largest program, other top two-year degrees include agribusiness, nursing, information solutions, network administration, computer information systems and telecommunications networking.

Stop by for a personal visit or click here to learn more about DMACC’s Newton campus.

The City of Newton

The city of Newton is located on I-80, 35 minutes east of downtown Des Moines. It is the commercial hub for communities located in the region known as the East Central I-80 Corridor and the location of the $70 million Iowa Speedway.

Newton has a progressive award-winning municipal government which is responsive to business needs, strong financial institutions offering special rates for business, public schools which are among the top in the country, and a community college with local four-year college degree programs and on-site advance degree programs with the University of Iowa and Iowa State University, plus specialized education/job training programs to meet specific employer needs.

Iowa Speedway

Iowa Speedway is proud to call Newton home. “The Fastest Short Track on the Planet” was designed by NASCAR Hall of Famer Rusty Wallace and began hosting thrilling motorsports events in front of packed grandstands in 2006. A state-of-the-art 7/8 mile asphalt paved tri-oval race track and motorsports facility, Iowa Speedway is easily accessible for race fans throughout the state and the region, located 30 miles east of Des Moines, at I-80 Exit 168 in Newton. 

For tickets, call 1-866-RUSTY-GO. To learn more about Iowa Speedway, please visit, “like” us on Facebook or follow us on Twitter at @IowaSpeedway.

Skiff Medical Center

Skiff Medical Center, a member of Mercy Health Network, is located in Newton, Iowa, county seat of Jasper County. With more than 350 employees, Skiff is the third largest employer in Jasper County, behind the local school system and the county government.


Skiff provides services to Jasper County residents in all major health areas, including general surgery, orthopedic surgery, radiology, obstetrics, emergency medicine, hospice, home care, laboratory, respiratory, audiology, physical therapy, occupational therapy and speech therapy. The Skiff Specialty Clinic hosts more than 20 physicians specializing in cardiology, dermatology, ENT, gastroenterology, nephrology, neurology, oncology, pulmonology and urology.


Skiff’s main campus in Newton has 48 beds and about 200,000 square feet of space. Attached to the hospital is a 50,000-square-foot medical office building containing local physician practices and the hospital’s physical medicine and rehabilitation center.


Skiff has a well-deserved reputation for bucking the trend of diminished health care in rural America by enhancing the quantity and quality of its services during the last two decades. This has been accomplished by expanding, remodeling and providing technological improvements to its physical facilities and by adding new physicians.  Recent highlights of the hospital’s growth have included: affiliation with Mercy Medical Center -- Des Moines; the Philips Imaging Center at Skiff, which features state-of-the-art CT, MRI and digital X-ray technology, making it one of the premier radiology facilities in the Midwest; the Skiff Cancer Clinic, making it possible for the residents of Jasper County to receive chemotherapy and be seen by an oncologist locally; and the greatly expanded Skiff Swing-bed Program, which allows people to receive skilled nursing care and rehabilitation within the walls of the hospital, rather than being admitted into a nursing home.


Skiff employees and local doctors are known for their highly productive “Iowa work ethic,” emphasis on compassion and quality patient service, and loyalty to Skiff and the community. By adhering to a high-level of professionalism, with a focus on safety and the cultivation of responsible ownership for our duties, Skiff strengthens not only the care provided to our patients, but also establishes an unwavering dedication to teamwork at Skiff. We are passionate about our patients and their well-being.




Gralnek Dunitz

Great Southern Bank

Great Western Bank


Newton Clinic

Phoenix Investors

Thombert, Inc.

TPI Composites

US Bank


Additional Investors

Advantage Credit Union
Alpha Media  - Radio
American Family Insurance
Bank Iowa
Best Midwest Properties/Fine Things Remembered
Clemon-Maki Insurance
Cline Tool
Jane Ann Cotton
DePenning & Assocites, Inc.
Dodd Trash Service & Recycling
Edward Jones - Mark Allen
Edward Jones - Bret Doerring
Edward Jones - Brendan Lamont
Edward Jones - Bob Leblanc
Eye Care Center of Newton
Great Western Bank
Interstate Insurance Services
Joan Tyler
Johnson Aviation
Lauterbach Buick GMC
Magnum Automotive
News Printing Company
Newton Waterworks
Noble Ford of Newton
Otto Law Office, PLLC.
Pence-Reese Funeral Home
Point Builders
Product Development Partners
Progress Industries
RE/MAX Real Estate Concepts
Realm, Inc.
Septagon Construction
Sign Pro
Wallace Family Funeral Home
Denis Wilcox

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