Of course these are not the only reasons we think you will like banking with Cresco Bank.  Please read on to find out why we think you will love your relationship with us.

Our Philosophy
After going through several name and ownership changes, we believe that we have come back to our roots since we were founded in 1869 as Cresco State Bank.  Today, as Cresco Bank & Trust Company, we are local, stable, and here to stay.  The same, but somehow more excited management and staff believe we have better tools and resources than ever before for our community and customers. 

We can think differently.  Because we are not owned by investors typically interested in next quarters’ earnings, we believe the bank will prosper by treating our customers and employees fairly and with respect.   Additionally, our bank, directors, officers, and staff are committed to giving back to the community by offering time, talent, and resources to many worthy causes.

A Look Inside Cresco Bank & Trust (pdf)

Our Response Time
Our staff prides itself in providing efficient service and our culture allows for quick decision making.  We are open to serve your needs 6 days a week from our Cresco Bank and Decorah Bank & Trust locations.

Loan decisions, large and small are made in a quick fashion.  Our commercial borrowers have come to enjoy no-hassle, no-wait business banking. 

We are Accessible
You are our future.  We want to hear from you if you have a suggestion.  Our commitment to being accessible is evident when you walk in to Cresco Bank and are welcomed at the Hospitality Desk.  You’ll also find our Presidential office is located within a few feet of the front doors.  Donna Thomas welcomes your visit any time.

More Than Traditional Banking
Our advisors work closely with individuals to develop and integrate a financial plan.  Trust services are available for people from all walks of life and unique situations.

Safety & Security
Cresco Bank & Trust Co., a division of Decorah Bank & Trust Co., is considered well capitalized by the FDIC. The bank is profitable and is growing capital. Strong capital is important to weather downturns in the economy. The bank is in good standing with its two primary regulators, the FDIC and the Iowa Division of Banking and is not subject to any written orders or corrective action directives.

Cresco Bank & Trust Co. practices common-sense lending. The bank’s non-current loans (loans delinquent 90+ days) as a percentage of total loans is .84% compared to the national average of over 4% as of October 2009.

The bank serves a stable and diverse community – the Cresco area which has not experienced the same rapid increase (and subsequent decrease) in asset values as other parts of the country. 

For more information about the safety of our bank, please contact Donna Thomas at the bank.