Fairbank Dam, located in Fairbank, Iowa, along the Little Wapsipinicon River, serves primarily for recreational purposes. Completed in 1880, this gravity dam stands at a height of 12 feet and stretches 290 feet in length, with a storage capacity of 413 acre-feet. The dam is state-regulated by the Iowa Department of Natural Resources, ensuring that it meets necessary inspection, permitting, and enforcement standards to ensure public safety.

With a low hazard potential and a moderate risk assessment rating, Fairbank Dam is deemed to pose a manageable level of risk. While the dam's condition is currently not rated, it remains under the jurisdiction of the local government for ongoing monitoring and maintenance. Despite its age, Fairbank Dam continues to provide valuable recreational opportunities for the community, offering a serene waterfront setting for outdoor enthusiasts and water resource aficionados alike to enjoy. As a vital piece of infrastructure in the region, the dam plays a crucial role in managing water resources and ensuring a safe and enjoyable environment for all who visit.