Cedar Rapids Bank & Trust
Cedar Rapids Bank & Trust is a privately held community bank in Cedar Rapids, Iowa, serving individuals, businesses, and high-net-worth clients with personal banking, commercial lending, and wealth management services as a subsidiary of QCR Holdings.
- Company typePrivate
- Founded1995
- HeadquartersCedar Rapids, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Cedar Rapids Bank & Trust does
Cedar Rapids Bank & Trust (CRBT) is a privately held community bank headquartered in Cedar Rapids, Iowa, operating as a subsidiary of QCR Holdings. Founded in 1995, the bank employs 101-250 staff and serves three primary customer segments: individual consumers, business and commercial clients (including ESOP companies and professional practices), and high-net-worth individuals. Its geographic footprint is concentrated in the Cedar Rapids, Iowa market with a new Mt Vernon Road branch planned for Spring 2027.
CRBT delivers its services through three integrated divisions: Personal Banking (checking, savings, credit cards, mortgages, home equity, personal and auto loans, student loans, HSAs, and the youth-oriented Dough Zone account), Business Banking (commercial services, lines of credit, SBA lending, commercial real estate financing, treasury management, merchant services, business credit cards, and international services), and Wealth Management (trust and investment services, Cedar Rapids Investment Consulting, and private banking delivered in partnership with LPL Financial). The underlying technology stack is standard commercial banking infrastructure: online and mobile banking on iOS and Android, mobile deposit, card control, a Money Manager budgeting tool, ClickSwitch for account migration, and digital wallet integrations with Apple Pay, Google Pay, Samsung Pay, and Zelle. All deposits are FDIC-insured.
Revenue is generated through three streams: net interest income from the spread on loans (mortgages, commercial, home equity) and deposits; non-interest income from account fees, credit card services, merchant services, treasury management, and wire transfers; and recurring wealth management and trust fees sourced through the LPL Financial partnership. The bank's go-to-market is a hybrid direct-to-consumer model combining physical branches with full digital banking channels, complemented by a Friends & Family referral program and long-running community event sponsorships (most notably the 21-year Movies on the Riverbank series at McGrath Amphitheatre). The bank is led by CEO Darius Allen, and its 2017 acquisition of Guaranty Bank & Trust evidences historical inorganic growth capacity within Iowa.
Cedar Rapids Bank & Trust firmographics
Firmographics- Name
- Cedar Rapids Bank & Trust
- Legal name
- Cedar Rapids Bank & Trust
- Website
- https://crbt.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Cedar Rapids Bank & Trust is a privately held community bank in Cedar Rapids, Iowa, serving individuals, businesses, and high-net-worth clients with personal banking, commercial lending, and wealth management services as a subsidiary of QCR Holdings.
- Ownership category
- akta.pro rank
Cedar Rapids Bank & Trust industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Commercial Banking (522110), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021), Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Real Estate (Commercial Property, REITs) (FSABACAH)
- akta.pro secondary industries
- Balance-Sheet / Portfolio CRE Lending (FSALADAG), Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards) (FSABAIAB)
Keywords
Where Cedar Rapids Bank & Trust is headquartered
LocationHeadquarters
- HQ city
- Cedar Rapids
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Cedar Rapids Bank & Trust business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Net Interest Income: Traditional banking revenue from spread between interest earned on loans (mortgages, commercial loans, home equity) and interest paid on deposits.
- Non-Interest Income: Fee-based revenue from checking account fees, credit card services, merchant services, treasury management services, wire transfers, and other banking service charges.
- Wealth Management & Trust Services: Revenue from trust and investment services, private banking, and investment consulting through partnership with LPL Financial.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Basic Checking - Free standard checking account |
| Subscription | Monthly | MAXX Checking - Premium checking with enhanced benefits |
| Subscription | Monthly | Business Checking - Tailored business accounts |
| Subscription | Annual | Wealth Management Services |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Cedar Rapids Bank & Trust product offering
Product offeringCore offering
Cedar Rapids Bank & Trust (CRBT) is a community bank headquartered in Cedar Rapids, Iowa, providing personal banking (checking, savings, credit cards, mortgages, home equity, personal/auto/student loans), business banking (commercial lines of credit, SBA lending, commercial real estate, treasury management, merchant services, business credit cards, international services), and wealth management services (trust, investment consulting via LPL Financial, and private banking). The bank delivers these services through physical branches, online and mobile banking platforms, and digital payment integrations.
Product overview
Cedar Rapids Bank & Trust (CRBT) operates as a traditional community bank offering a unified suite of banking services organized into three main divisions: Personal Banking, Business Banking, and Wealth Management. Personal banking products include deposit accounts (checking with the flagship MAXX Checking brand, savings, and the youth-oriented Dough Zone accounts), credit cards, online/mobile banking with mobile deposit and card control features, and various loan products (mortgages, home equity, personal/auto loans, and student loans). Business banking encompasses commercial lending (SBA, commercial real estate, lines of credit), treasury management services, merchant services, business credit cards, and international services. Wealth management includes trust and investment services, investment consulting through LPL Financial, and private banking. The bank also provides ancillary services including Zelle for person-to-person payments, digital wallet integrations (Apple Pay, Google Pay, Samsung Pay), and account switching tools through ClickSwitch.
Differentiator
Problem solved
Functional benefit
Brands
- MAXX Checking®: Premium checking account product offering competitive rates and benefits.
- Money Manager
- ClickSwitch™
- Movies on the Riverbank
Products and services
- MAXX Checking Premium personal checking account designed to work as hard as the customer does, with brand-new promotional bonuses available through June 30.
- Personal Savings Accounts
- Dough Zone Kids Accounts
- Personal Credit Cards
- Health Savings Account (HSA)
- Online and Mobile Banking
- Mortgage Loans
- Home Equity Line of Credit
- Personal and Auto Loans
- Student Loans
- Business Lines of Credit
- SBA Lending
- Commercial Real Estate Financing
- Treasury Management Services
- Merchant Services
- Business Credit Cards
- International Services
- Professional Practice Group Banking
- Trust & Investment Services
- Cedar Rapids Investment Consulting
- Private Banking Services
Companies that use Cedar Rapids Bank & Trust
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Cedar Rapids Bank & Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature4 records
Cedar Rapids Bank & Trust partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- LPL FinancialcoreLPL Financial is a strategic partner providing investment and wealth management services. CRBT offers trust, investment, and private banking services through LPL, with access to LPL Account View, FINRA resources, and SIPC protection for investment accounts.
- McGrath AmphitheatrecoreCRBT sponsors the Movies on the Riverbank event at McGrath Amphitheatre in Downtown Cedar Rapids - a 21-year tradition of community entertainment, moonlight, movies, food and family fun under the stars.
Scale indicators2 records
Recent moves7 records
Expansion highlights5 records
Cedar Rapids Bank & Trust competitors and assessment
Company assessmentDirect peers
- Hills Bank: Iowa-based community bank headquartered in Hills, Iowa, offering personal, business, and wealth management banking services in Eastern Iowa markets similar to CRBT's Cedar Rapids focus. Directly comparable in scale, product mix, and community banking model.
- Bankers Trust: Des Moines-based Iowa community bank offering personal, commercial, and wealth management banking with comparable product suite including SBA lending, treasury management, and private banking—directly competitive with CRBT in Iowa.
- MidWestOne Financial Group: Iowa-headquartered community bank holding company with similar three-pillar personal/commercial/wealth model, also listed and operating branches across Iowa and adjacent states. Comparable in size, structure, and product offerings to CRBT/QCR Holdings.
- Heartland Financial USA (HTLF): Multi-state community bank holding company based in Dubuque, Iowa, operating multiple community bank charters across the Midwest. Highly comparable operating model and product mix to QCR Holdings/CRBT structure.
- West Bank: Iowa-based community bank offering personal, business, and wealth management services with strong community focus. Comparable scale and product offerings to CRBT within overlapping Iowa geography.
Broad incumbents
- U.S. Bancorp: Large national bank with significant Iowa and Midwest presence offering the full suite of banking, lending, and wealth services. Overlaps with CRBT but operates at vastly larger scale and broader geographic footprint.
- Wells Fargo: Major national bank with substantial Iowa retail and commercial banking presence, competing directly with CRBT for personal and small business customers through branches and digital channels.
Regional players
- Two Rivers Financial Group: Iowa-based community banking organization serving Eastern Iowa markets with personal and commercial banking. Comparable community bank model focused on regional Iowa markets overlapping with CRBT.
- Northwest Bank (Northwest Financial Corp): Midwest-focused community bank with Iowa operations offering personal, commercial, and wealth services. Comparable regional community bank positioning serving overlapping Iowa customer segments.
Others
- QCR Holdings (parent): Public NASDAQ-listed parent holding company of CRBT operating multiple community bank charters across Illinois, Iowa, Missouri, and Wisconsin. Provides context on the consolidated scale and M&A platform supporting CRBT's operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Cedar Rapids Bank & Trust social profiles
Digital presenceCedar Rapids Bank & Trust compliance and trust
Trust signalCompliance1 record
Cedar Rapids Bank & Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cedar Rapids Bank & Trust leadership team
Management profileNumber of profiles
Profiles1 record
Cedar Rapids Bank & Trust funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cedar Rapids Bank & Trust M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cedar Rapids Bank & Trust
What does Cedar Rapids Bank & Trust do?
Cedar Rapids Bank & Trust (CRBT) is a community bank headquartered in Cedar Rapids, Iowa, providing personal banking (checking, savings, credit cards, mortgages, home equity, personal/auto/student loans), business banking (commercial lines of credit, SBA lending, commercial real estate, treasury management, merchant services, business credit cards, international services), and wealth management services (trust, investment consulting via LPL Financial, and private banking). The bank delivers these services through physical branches, online and mobile banking platforms, and digital payment integrations.
Is Cedar Rapids Bank & Trust a public or private company?
Cedar Rapids Bank & Trust is a private company. It is classified as corporate owned and is currently operating.
When was Cedar Rapids Bank & Trust founded?
Cedar Rapids Bank & Trust was founded in 1995. It employs 101 to 250 people.
Where is Cedar Rapids Bank & Trust based?
Cedar Rapids Bank & Trust is headquartered in Cedar Rapids, United States, in the North America region.
How does Cedar Rapids Bank & Trust make money?
Three revenue lines are on record. Net Interest Income is the primary driver. The others are non-Interest Income and wealth Management & Trust Services.
Who are Cedar Rapids Bank & Trust's main competitors?
Direct peers on record are Hills Bank, Bankers Trust, MidWestOne Financial Group, Heartland Financial USA (HTLF) and West Bank. Broad incumbents are U.S. Bancorp and Wells Fargo. Regional players are Two Rivers Financial Group and Northwest Bank (Northwest Financial Corp). QCR Holdings (parent) is listed as an others.
Does Cedar Rapids Bank & Trust have an API?
No public API is recorded for Cedar Rapids Bank & Trust.
What industry is Cedar Rapids Bank & Trust in?
Cedar Rapids Bank & Trust's product category is Community Banking. Its primary akta.pro industry code is FSABACAH, Real Estate (Commercial Property, REITs), with a secondary code of FSALADAG, Balance-Sheet / Portfolio CRE Lending. Its NAICS code is 52211 and its SIC code is 6021.