Ibestad Sparebank is located in the heart of Hamnvik, a village in the traditional region of Central Hålogaland in Norway. The bank is situated at the top of Hamnvikbakken, also known as Hamnvik Hill, which provides extensive views to the north and east, as well as a glimpse down into the old trading settlement. The bank's location in the centre of Hamnvik makes it easily accessible to both locals and visitors alike. 

The building housing Ibestad Sparebank is a remarkable example of architectural symmetry and design. The monumental bank building stands on a base of coarsely-chiselled stone, which adds to its grandeur and solidity. The building's symmetrical design is centred in its form, which is a testament to the precision and attention to detail that went into its construction. The building has become a landmark in Hamnvik, adding to the village's charm and character. 

The location of Ibestad Sparebank also provides breathtaking views of the surrounding area. From the top of Hamnvik Hill, visitors can take in the beauty of the village and the surrounding fjords. The bank's location also has historical significance, as it overlooks the old trading settlement, which was once an important hub for commerce in the region. Overall, the location of Ibestad Sparebank is not only convenient but also adds to the overall appeal and historical significance of Hamnvik.