Coronavirus (COVID-19) Updates

At Bankers Trust, customer and employee safety is always our top priority. We appreciate your flexibility over the last couple months as we’ve adjusted to serve you in a variety of ways. We encourage you to continue using our branch drive-up lanes and ATMs, as well as our internet and mobile banking tools (available for iOS and Android), whenever possible. These are all convenient options for transactions such as cash withdrawals, check cashing and simple deposits.

Learn about Internet Banking  Enroll in Internet Banking  Learn about Mobile Banking


Central Iowa branch lobbies open by appointment only. All drive-ups remain open.

All Central Iowa and Cedar Rapids branches will remain open for drive-up use, and lobbies will be open by appointment only. If you have an appointment, proceed to the drive-up lanes, provide your I.D. through the carrier and prepare to lower your mask to confirm identity. Your I.D. will be returned when you enter the office.

Customers may call their local branch or Customer Service to make transactions, set an appointment to meet in person for transactions requiring the customer be present, or to access their safe deposit box. Employees and customers will be required to wear masks during appointments, and customers will be asked to show their IDs and lower their mask to verify their identity upon arrival.

We appreciate your continued flexibility as we respond to the constantly changing state of our community and prioritize employee and customer safety.


Relief for consumers impacted by the coronavirus

We understand the coronavirus outbreak has caused financial uncertainty and stress for our customers. Bankers Trust is committed to supporting our customers in a variety of ways.

Worried about loan payments? Give us a call to talk about options

Bankers Trust will provide individualized support for our customers to meet their specific needs while following guidelines set by the government.

If you need assistance with loan restructuring for mortgage or consumer loans (including auto, home equity, lines of credit and unsecured loans), please contact your banker, a local branch, or customer service at 1-800-362-1688.

Reduced excess debit fees and transaction limitations on savings accounts through December 31, 2020

Effective June 1, 2020 thru December 31, 2020, Transaction Limitations of six withdraws/transfers per month on savings and money market accounts have been eliminated. During this time you will not be charged the $5.00 Excessive Debit Fee for transactions in excess of six per month. These changes allow you to make unlimited withdrawals or transfers, giving you the ability to access your money when you need it most.

IRA and retirement plan changes in the CARES Act

The Coronavirus Aid, Relief, and Economic Security (CARES) Act recently passed by Congress and signed into law by President Trump contains a few provisions regarding rule changes for retirement plans, regarding required minimum distributions, 2019 IRA contributions and penalties on early distributions.

Learn more about IRA changes due to the CARES Act


Economic Impact Payments

As Economic Impact Payments are starting to be distributed, the U.S. Treasury Department and the IRS have unveiled a new tool called “Get My Payment.” This website allows you to check the status of your payment, provide direct deposit information and confirm how you’d like to receive your payment (direct deposit is highly recommended).

Visit the “Get My Payment” website

Questions Regarding Your Economic Impact Payment

Please note: Bankers Trust does not have information about when your payment will be received, or to which account it will be deposited. For a full list of frequently asked questions, or to learn more about your potential payment, please visit the IRS website.

Economic Impact Payments FAQ

Be Aware of Stimulus Check Fraud

As these payments are made, remember to be on the alert for fraudulent activity, including anyone who:

  • Asks you to sign over their economic impact payment check to them.
  • Asks by phone, email, text, or social media for verification of personal and/or banking information saying the information is needed to receive or speed up your economic impact payment.
  • Suggests you can get a tax refund or economic impact payment faster by working on your behalf, whether via social media or in person.

Remember, the IRS will not call, text you, email you or contact you on social media asking for personal or bank account information – even related to the economic impact payments.


Paycheck Protection Program

The business impacts of the coronavirus have been widespread, and the future remains unclear. However, as a community bank – and more importantly as a partner to you and your business – we want to provide you with resources, including those available through the U.S. Small Business Association and Treasury Department’s Paycheck Protection Program.

Learn about the Paycheck Protection Program


Ways to bank without going to the bank

The simple infographic outlines several Bankers Trust resources that enable you to do your banking almost anywhere at any time of day. Click the image to view the full infographicgraphic.

WaysToBank Graphic


More information on Bankers Trust’s response to COVID-19

Below is information about what we’re doing to continue operating safely and effectively. We’re also providing several reputable resources you can turn to for general information and guidance. Bankers Trust is committed to keeping you safe and informed while continuing to serve your needs throughout this situation.

Here’s what Bankers Trust is doing

  • We are continuously receiving and reviewing updates on the coronavirus from state health departments, the Centers for Disease Control and Prevention (CDC) and World Health Organization (WHO).
  • We have enacted our Business Continuity Plan (BCP) and Pandemic Preparedness Plan (PPP), including comprehensive department-level action plans designed to ensure continued business operations throughout a variety of emergency situations.
  • We are providing regular communications to our employees to keep them informed and ensure they have the resources they need to remain healthy while also serving the needs of our customers. A majority of our team members are working remotely in an effort to keep our employees and customers safe and reduce the spread of COVID-19 in the communities we serve.
  • We have confirmed that each of our critical vendor partners has a comprehensive business continuity plan designed to ensure ongoing, reliable service.
  • We have increased cleaning efforts in each of our locations.
  • Our technology networks and equipment are prepared to handle additional demand should we require more team members to work remotely while serving your needs.

Helpful resources and updates

Find up-to-date information about the coronavirus at:

Follow these simple steps to help prevent the spread of respiratory diseases, including COVID-19

  • Wash your hands often with soap and water for at least 20 seconds. If soap and water are not available, use an alcohol-based hand sanitizer.
  • Avoid touching your eyes, nose, and mouth with unwashed hands.
  • Avoid close contact with people who are sick.
  • Stay home when you are not feeling well.
  • Cover your mouth and nose with a tissue when you cough or sneeze, then throw the tissue in the trash and wash your hands.