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Bankers Trust Company in Des Moines, IA

4.2/5

Bankers Trust is a 108-year-old community bank offering personal banking, business lending, and wealth management with FDIC insurance and local decision-making across Iowa, Nebraska, and Arizona.

Data compiled from public sources · Rating from CreditDoc methodology

Bankers Trust Company Review

Bankers Trust was founded over 108 years ago with deep historical roots in Central Iowa, establishing itself as a community-focused financial institution. The bank has expanded from its Iowa base to include branch locations in Cedar Rapids, Omaha, and Phoenix, while maintaining its core commitment to personalized service and community involvement. The company is led by CEO Don Coffin and employs over 600 team members dedicated to serving customers across personal and business banking segments.

The bank offers a comprehensive suite of financial products and services including personal checking and savings accounts, business lending solutions, commercial real estate financing, wealth management services, retirement planning, credit products, and cash management tools. Personal customers can access deposit products, lending options, and wealth advisory services, while business customers benefit from both national bank resources and local decision-making authority. Their wealth management division provides comprehensive solutions for growing, preserving, and transferring wealth for both individuals and businesses.

Bankers Trust differentiates itself through what it calls "The Bankers Trust Difference," emphasizing trust as a core operational principle built over more than a century. The institution highlights its commitment to outstanding customer service, expert advice, information protection, and active community volunteerism. S.

Government, providing deposit security comparable to larger national banks while maintaining local decision-making capabilities. The company is a traditional community bank with established physical locations rather than a digital-only or fintech operation. While the website demonstrates broad service offerings, specific product details, pricing, interest rates, and fee structures are not disclosed in available content.

Potential customers should note that non-deposit investments offered through their wealth management division are not FDIC-insured and may lose value. The bank's geographic footprint, while expanded, remains relatively limited compared to national banking networks.

Services & Features

Business lending and commercial real estate financing
Cash ordering and lockbox payment services
Gift card services
Internet banking for personal and business accounts
Investment advisory services (non-FDIC insured)
Payroll card services (MyPayCard)
Personal and business credit cards with score tracking tools
Personal checking and savings accounts
Remote deposit services for businesses
Retirement plan access and administration
Return check viewer and payment processing
Wealth management and advisory services

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • FDIC deposit insurance backed by full faith and credit of the U.S. Government
  • 108-year operating history demonstrating long-term stability and community commitment
  • Local decision-making authority combined with national bank resources and capabilities
  • Comprehensive wealth management services for both individual and business clients
  • Active community investment program with employee volunteerism component
  • Multiple login portals for personal, business, and retirement account access
  • Commercial real estate financing expertise with dedicated relationship managers

Cons

  • Limited geographic footprint with branches only in Cedar Rapids, Omaha, and Phoenix—not available nationwide
  • Specific interest rates, fees, and product pricing not disclosed on website
  • Non-deposit investment products carry no FDIC insurance and risk of value loss
  • No indication of mobile app availability or digital banking capabilities beyond internet banking
  • Annual report page blocked by Cloudflare security, limiting transparency into recent financial performance

Rating Breakdown

Value
5.0
Effectiveness
3.7
Customer Service
3.8
Transparency
4.0
Ease of Use
4.5

Frequently Asked Questions

Is Bankers Trust Company legitimate?

Yes. Bankers Trust Company is a registered company, headquartered in Des Moines, IA, founded in 1917.

How long does Bankers Trust Company take to show results?

Account opening typically takes 1-3 business days. Loan decisions vary by product.

Quick Facts

Founded
1917
Headquarters
Des Moines, IA
BBB Accredited
No
Certifications
FDIC Insured FDIC Cert #953
Starting Price
Contact provider
Setup Fee
None
Money-Back Guarantee
No
Visit Bankers Trust Company

CreditDoc Diagnosis

Doctor's Verdict on Bankers Trust Company

Bankers Trust is best for business owners, high-net-worth individuals, and personal banking customers in its service areas (Iowa, Nebraska, Arizona) who value community banking relationships, local decision-making, and long-term institutional stability. The primary caveat is geographic limitation—the bank operates only three regional branch locations and is not a nationwide alternative to larger banks or digital-only financial institutions.

Best For

  • Business owners and commercial real estate investors seeking local decision-making with national banking resources
  • High-net-worth individuals and business owners needing comprehensive wealth management and preservation strategies
  • Customers in Iowa, Nebraska, or Arizona seeking community-focused banking with 100+ year stability
  • Customers prioritizing FDIC-insured deposits and personal relationship banking over digital-only alternatives
Updated 2026-04-29

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