Home Equity Line of Credit

When you’ve built equity in your home, you’re able to put that equity to work through a Home Equity Line of Credit (HELOC). A HELOC is a revolving line of credit that allows you to take out only as much money as you need, up to the predetermined credit limit. Our HELOCs feature:

• Variable interest rate
• Up to 90% combined loan to value (CLTV)*
• Available in 5-year or 10-year draw terms (Balloon payment may result.)
• Line amounts as low as $5,000

Home Equity Loan

As a home owner, borrowing against the equity in your home is a smart way to refinance major expenses such as home improvements or medical bills. Loan features include:

• Fixed interest rate
• Up to 90% combined loan to value (CLTV)*
• Available in 5-year, 10-year and 15-year terms (Balloon Payment may result)
• Loan amounts available as low as $5,000

*Combined Loan to Value: The total of all liens on your property divided by the value of your property. Subject to credit approval. Certain restrictions may apply. With qualified credit, loans may be approved up to 100% CLTV. Offer subject to credit approval.

Personal Line of Credit

A personal line of credit may be used for any personal expense, such as car or home repairs. Bankers Trust’s personal lines of credit feature:

• Variable interest rate
• Available in 24-month term
• APR* 7.000%
• Minimum loan amount of $5,000

* The APR listed in the table above is effective as of September 27, 2018 and is subject to change without notice. Rate is based on a 700 credit score. Rate and terms are subject to change. Other rates and terms are available, but restrictions may apply. Where permitted by state law, there will be a $15 annual fee. Offer subject to credit approval.

Unsecured Loan

A Bankers Trust unsecured loan provides a loan option for nearly any situation, whether financing a wedding to making a significant purchase. Features include:

• Fixed interest rate
• Available in 36-month term
• APR* 7.259%
• Minimum loan amount of $5,000

* The APR listed in the table above is effective as of May 30, 2018 and is subject to change without notice. Rate is based on a 700 credit score. Rate and terms are subject to change. Other rates and terms are available, but restrictions may apply. 

Checking Reserve

Bankers Trust offers checking reserve to qualified checking account customers. This line of credit automatically covers overdrafts up to the approved credit limit.

• Fixed interest rate
• APR* 18.500%
• Revolving term
• Overdraft protection

* The APR listed in the table above is effective as of June 3, 2016, and is subject to change without notice. Other rates and terms are available, but restrictions may apply.  Where permitted by state law, there will be a $30 annual fee. The minimum advance amount is $100.00. Your regular payment will be the greater of $10.00 or all accrued interest charges and any past due principal plus 4% of the average principal balance for the current billing cycle.​

Auto Loans

When you’re in the market to purchase a vehicle, Bankers Trust can help. We can provide auto loans for both new and used vehicles, with features including:

• New Auto Loans – We offer fixed rates and financing for up to 100% of the purchase price for new vehicles. Max term of 72 months.
• Used Auto Loans – For used vehicles, Bankers Trust can finance up to 90% of the NADA retail value. Our used loans have a maximum term of 72 months, based on the year of the vehicle. See rate sheet for additional details.

Partnership Student Loans

We work with Iowa Student Loan, the state’s nonprofit student loan experts, to offer competitively priced supplemental private loans to help you pay for college.* With these loans, you know what you’re getting before you apply as all terms and conditions, including credit score requirements for specific rates, are provided upfront. In addition, there are no upfront origination fees and you can earn an interest rate reduction for making payments by auto-debit in repayment.

• The Partnership Advance Education Loan (Partnership Loan) is for students and their cosigners.
• The College Family Loan is for parents, family members and others who wish to borrow on behalf of a student.

*Note: Both the Partnership Loan and College Family Loan are subject to credit approval. Bankers Trust is compensated by Iowa Student Loan for the referral of student loan customers.