The Bank of Iwate, Ltd. provides various financial products and services in Japan. The company operates through three segments: Commercial Banking Business; Leasing Business; and Credit Card and Credit Guarantee Business. The Commercial Banking Business segment provides current and time deposits, as well as negotiable certificates of deposit; personal and SME loans; and securities investment and foreign exchange services. The Leasing Business segment consists of leasing business. The Credit Card and Credit Guarantee Business segment comprises credit card and guarantee business. It also trades in securities, as well as offers investment fund management, renewable energy-related business, consulting, and regional economic survey services. The company was formerly known as Iwate Shokusan Bank and changed its name to The Bank of Iwate, Ltd. in 1960. The Bank of Iwate, Ltd. was incorporated in 1932 and is headquartered in Morioka, Japan.