First Community Trust Announces New Partnership with Midland Credit Union

Aug 4, 2025

IOWA First Community Trust, N.A. (FCT), a nationally chartered trust company, has announced a new partnership with Midland Credit Union. This collaboration will aim to provide investment management, retirement planning, and trust services to a broader range of central Iowans. FCT offers a range of services, including investment and retirement planning, financial and estate planning, primarily through credit unions, along with trust and estate administration.

“This partnership with First Community Trust allows us to offer more to our members. Together, we are ensuring our members get trusted advice and support to help them plan for the future and protect what matters most, all right here through their credit union,” said Midland Credit Union CEO, Randy Hass.

FCT has established 15 credit union partnerships across Iowa, serving clients in western, central and eastern regions as well as western Illinois. FCT’s wealth management partnerships empower credit unions to enhance their financial service capabilities, delivering a more complete experience for their members.

FCT Wealth Advisor, Jason Freese, will provide retirement and investment planning services for the new partnership. Freese, with over 25 years of experience in the insurance and financial services industry, including 10 years working closely with credit unions, will serve the members of Midland Credit Union.

“FCT is focused on guiding Iowans as they navigate key financial milestones,” said FCT’s Chief Executive Officer Adam Claypool. “We’re thrilled to broaden our impact through a new partnership with Midland Credit Union. This partnership reflects a united effort to equip Iowans with the tools and support they need to make informed financial choices and thrive in the years ahead.”