NBA Player Invests $25 Million of His Own Money Into Iowa Bank

An NBA veteran, who played an integral role on the Golden State Warriors' championship team in 2015, has invested a huge amount of money in a small town Iowa bank.

Ames, IA native Harrison Barnes recently purchased Community State Bank in Paton, IA, a tiny town of 220 in Greene County, in the west-central portion of the state. Per Men's Journal, the 15-year NBA player invested $25 million of his own money into the bank.

READ MORE: Former Iowa State Star Returns to Wisconsin with Huge Donation

Why Barnes Purchased a Small Community Bank in Iowa:

Paton, IA is about 45 miles from Ames, where Barnes grew up. The CEO of Barnes & Company, the NBA player purchased the 70-year-old bank as a way to break into the financial field and set the stage for his post-basketball career. He surrounded himself with banking professionals, all of whom from Iowa, to establish his financial team, and give him a solid foundation of knowledge.

Barnes added that upon doing his research into Community State Bank, their leadership team and values made the decision to invest make sense in multiple respects. Considering Barnes has made about $224 million over the course of his NBA career, $25 million is a significant amount of capital, even for him.

READ: Iowa Hawkeye Player is Going to One of the Best NBA Teams Following 2026 NBA Draft

Barnes' NBA Career Has Been Rock Solid:

Barnes is entering his 15th year in the NBA by running it back with the San Antonio Spurs, to whom he was traded ahead of the 2024-25 season. Barnes was a role-player on last year's Spurs team, which reached the NBA Finals, but fell to the New York Knicks.

He has played for four NBA teams since being drafted by the Warriors in 2012, including the Dallas Mavericks and Sacramento Kings. Over 1,070 career games, Barnes has averaged 13.6 points, 4.6 rebounds, and 1.8 assists. He re-signed with the Spurs this offseason on a one-year, $8 million deal.

It looks like whenever Barnes calls basketball quits, he'll be returning to his homeland of Iowa to further his investment in the banking sphere. Read more about Harrison Barnes purchasing a small-town bank in Iowa on Men's Journal's website.