Bankers Trust

What Bankers Trust does

Bankers Trust Company is a privately held community bank founded in 1917 and headquartered in Des Moines, Iowa. It is Iowa's largest privately owned bank and operates 19 branch locations across Central Iowa (12), Eastern Iowa (2), Nebraska (1, opened as a full-service branch in 2025), and Arizona (4), plus a non-deposit trust office in Sioux Falls, South Dakota. The bank serves four primary customer segments: individual consumers, business banking clients, wealth management clients, and institutional clients, with a hybrid segmentation approach spanning personal banking, commercial banking, treasury management, and private banking.

The company offers a comprehensive product portfolio including personal checking, savings, CDs, IRAs, HSAs, mortgage loans, personal loans, and HELOCs; small business, business, and commercial banking products with specialty ESOP finance; treasury management including payables, receivables, fraud mitigation, and card services; and wealth management delivered through two wholly-owned affiliates, BTC Capital Management and BTC Trust Company of South Dakota. Supporting technology includes a mobile banking app with mobile deposit, card controls, and credit insights; an internet banking platform with online account opening; mobile wallet integrations (Apple Pay, Samsung Pay, Google Pay, Garmin Pay); and access to 95,000+ surcharge-free ATMs via Allpoint and MoneyPass. The technology stack is built on third-party infrastructure (FIS Global is named as a technology partner) rather than proprietary core systems.

The business model is a traditional community bank net interest margin model. Revenue is generated primarily from interest income on loans (mortgages, commercial, personal, HELOCs, ESOP finance), spread between deposit interest paid and loan interest earned, transaction and service fees on deposit accounts, treasury management service fees, and recurring wealth management and trust fees through the BTC affiliates. Distribution combines a physical branch-led relationship banking model with digital self-service channels. The bank is FDIC-insured, designated an SBA Preferred Lender and Equal Housing Lender, and holds NMLS registration (ID 440379). It has been named Best Bank and Best Commercial Lender in Central Iowa by the Des Moines Business Record for 11 consecutive years and Arizona Bank of the Year by AZ Business Magazine in 2024 and 2025.

Name

Bankers Trust

Legal name

Bankers Trust

Website

https://bankerstrust.com

Company type

Private

Founded year

1917

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Bankers Trust is Iowa's largest privately owned community bank, founded in 1917, operating 19 branches across Iowa, Nebraska, and Arizona plus a South Dakota trust affiliate. It serves consumers, businesses, and wealth management clients with full-service banking, commercial lending, treasury management, and trust services delivered through branches and digital channels.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221), Trust, Fiduciary, and Custody Activities (523991)

SIC

State Commercial Banks (6022)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industries

Affluent / Mass-Affluent Private Banking (FSABADAC), Corporate & Institutional Trust Services (FSAAANAB), Real Estate (Commercial Property, REITs) (FSABACAH), Bank-Affiliated Retail Wealth Management (FSAAAAAB)

Keywords

• Retail banking services
• Commercial lending products
• Wealth management services
• Community banking operations
• Treasury management solutions

Headquarters

HQ city

Des Moines

HQ country

United States

HQ region

North America

Offices21 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: Primary revenue stream from interest earned on loans including mortgages, commercial loans, personal loans, and credit lines. The bank offers various lending products including residential mortgages, HELOCs, commercial banking, and specialty lending such as ESOP finance.
2. Deposit Interest Spread: Revenue generated from spread between interest paid on deposits (checking, savings, CDs) and interest earned on loans. The bank offers competitive CD rates and various checking/savings products with tiered interest rates.
3. Fee Income: Various banking fees including monthly maintenance fees (waivable based on balance or activity), ATM fees, overdraft fees, wire transfer fees, and account service charges. Also includes fees for services like safe deposit boxes.
4. Non-Deposit Investments: Revenue from investment products and services including retirement planning, wealth management, and trust services through BTC Capital Management and BTC Trust Company of South Dakota.
5. Treasury Management Services: Business banking services including payables, receivables, fraud mitigation, card services, and deposit accounts for businesses.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

Bankers Trust is a privately held community bank offering a full suite of deposit, lending, and wealth management products and services. Core personal banking offerings include checking, savings, certificates of deposit, IRAs, HSAs, credit and debit cards, mortgages, and home equity/personal loans. Commercial and small business banking offerings include business checking and savings, commercial and industrial loans, commercial real estate financing, specialty lending (including ESOP finance), and treasury management (payables, receivables, fraud mitigation, card services). Wealth management is delivered through BTC Capital Management and BTC Trust Company of South Dakota, covering private banking, investment management, retirement plan services, custody, and trust and estate administration.

Product overview

Bankers Trust is Iowa's largest privately owned bank, offering a comprehensive suite of banking, lending, and wealth management products and services. The company's product portfolio includes personal banking products (checking, savings, CDs, IRAs, HSAs, credit/debit cards, mortgage loans, personal loans), business banking services (small business, commercial banking, treasury management), and wealth management solutions. Supporting these core products are digital banking tools (mobile banking, internet banking, card controls, credit insights, budgeting tools) and customer programs (Benefits Banking Loyalty Program, Junior Savers Club, Secure LifeStyles Club). The company also operates affiliates including BTC Capital Management and BTC Trust Company of South Dakota. The product architecture is a unified banking platform with multiple product lines that share common infrastructure (digital banking, fraud protection, loyalty programs) while maintaining distinct offerings for personal, business, and wealth management segments.

Differentiator

Problem solved

Functional benefit

Brands

• BTC Capital Management: Investment management affiliate providing comprehensive wealth management solutions.
• BTC Trust Company of South Dakota

Products and services

• Personal Checking Personal checking accounts for individuals and families, with tiered options including interest-bearing, direct deposit, and high-yield variants, and features such as internet banking, mobile banking, express deposit, and online documents.
• Personal Savings Savings accounts for individuals and families, including basic savings, savings with check-writing capability, savings for seniors, and minor savings, with tiered interest rates based on balance and loyalty tier.
• Certificates of Deposit (CDs) FDIC-insured time deposit accounts with terms ranging from 3 months to 60 months, including promotional rates, loyalty-program bonus rates, HSA CDs, and a wellness option for penalty-free early withdrawal for medical emergencies.
• Individual Retirement Account (IRA) Tax-advantaged retirement savings accounts including Traditional IRA, Roth IRA, Auto-Save CD IRA, and IRA Savings Account, with tax-deferred or tax-free growth, varied contribution limits, and no annual fees.
• Health Savings Account (HSA) Tax-advantaged medical savings accounts for individuals with high-deductible health plans, with unlimited check writing, interest-bearing accounts, and FDIC insurance.
• Credit and Debit Cards Visa credit cards (Gold, Classic, Business), Check Advantage debit cards, HSA Advantage debit cards, and gift cards, with mobile wallet support, card controls, 95,000+ surcharge-free ATM access, and chip-based security.
• Mortgage Loans Residential mortgage products for purchase and refinance, served by local loan originators with in-house processing and mortgage prequalification tools, available across all Bankers Trust markets.
• Personal Loans and Lines of Credit Personal lending products including Home Equity Line of Credit (HELOC), Closed-End Home Equity Installment Loans, Personal Line of Credit, Unsecured Loans, Auto Loans, and Checking Reserve overdraft protection.
• Private Banking Elite banking services for high-net-worth clients, including customized credit and deposit solutions, plus complimentary services such as checks, wires, notary, and medallion signature guarantee. Subject to eligibility requirements.
• Retirement Investing Wealth management and retirement planning services delivered through the BTC Financial Services team, with relationship-focused investment planning, risk tolerance assessment, and long-term retirement strategy development.
• Small Business Banking Banking services designed for small businesses, including business checking, savings, loans, and digital banking tools tailored to small business needs.
• Business Banking Comprehensive banking solutions for businesses, including business checking, savings, lending, and treasury management services, delivered with local decision-making authority.
• Commercial Banking Commercial lending and banking services including Commercial & Industrial loans, Commercial Real Estate financing, and Specialty Lending (including ESOP finance), delivered with local decision-making and a relationship-focused approach.
• Treasury Management Cash management and treasury services for businesses, including Payables, Receivables, Fraud Mitigation, Deposit & Short-Term Investing Accounts, Card Services, and Technology Advances.
• Wealth Management Comprehensive wealth management services for individuals, families, businesses, and institutions, including Private Wealth, Retirement Plan Services, and Custody Services.
• BTC Capital Management Investment management affiliate of Bankers Trust, providing institutional and individual investment management services.
• BTC Trust Company of South Dakota Trust services affiliate located in Sioux Falls, South Dakota, providing trust administration and estate planning services. Non-deposit investment services are not insured by FDIC.
• Mobile Banking Mobile banking application for iOS and Android enabling customers to manage accounts, deposit checks via mobile device, pay bills, transfer funds, and access banking services from mobile devices.
• Internet Banking Online banking platform providing account management, bill pay, statements, transfers, and other self-service banking capabilities through a web browser.

Quantifiable outcome

• Named Best Bank and Best Commercial Lender in Central Iowa for 11 consecutive years by Des Moines Business Record
• +1 more outcomes

Segments4 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• BTC Capital ManagementcoreStrategic or Co-development PartnerAffiliated investment management company providing wealth management services to Bankers Trust customers. Operates as a separate entity under the Bankers Trust umbrella.
• BTC Trust Company of South DakotacoreStrategic or Co-development PartnerAffiliated trust company based in Sioux Falls, South Dakota, providing trust and estate planning services. South Dakota is known for its favorable trust laws.
• ISL Education LendingminorGTM or Marketing PartnerReferral partnership for private student loans and student loan refinancing. ISL Education Lending is a nonprofit organization offering lower-priced education loans. Bankers Trust receives compensation for referrals.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Hills Bank and Trust Company: Iowa-based community bank headquartered in Iowa City offering personal, business, and wealth management services across Eastern Iowa. Directly comparable as an Iowa-headquartered, privately held community bank competing for the same Iowa retail and commercial customers as Bankers Trust.
• Heartland Financial USA: Dubuque, Iowa-based multi-state bank holding company operating community banks across the Midwest, Southwest, and Western U.S. Comparable as a Midwest-rooted, multi-state community banking franchise with similar commercial, retail, and wealth management product breadth.
• MidWestOne Financial Group: Iowa-headquartered community bank holding company with branches across Iowa, Minnesota, Wisconsin, and Florida. Directly comparable as a Midwestern community bank competing in Iowa retail/commercial banking with similar deposit, lending, and digital capabilities.
• West Bank: West Des Moines, Iowa-based community bank offering personal, business, and treasury management services in Central Iowa. Direct peer competing head-to-head with Bankers Trust for Central Iowa deposit and commercial relationships.
• UMB Financial Corporation: Kansas City-based Midwestern regional bank holding company offering commercial, retail, and institutional banking with strong treasury management and fiduciary services. Comparable as a multi-state Midwestern bank with similar commercial banking and wealth management ambitions.
• Commerce Bancshares: Kansas City-based regional bank holding company with branches across Missouri, Kansas, Illinois, and other Midwestern markets. Comparable as a privately operated Midwest regional bank with diversified personal, commercial, and wealth management franchises.
• Pinnacle Financial Partners: Nashville, Tennessee-based community bank holding company operating across the Southeast with strong commercial banking, treasury management, and wealth services. Comparable in business model focus on commercial banking, local decision-making, and integrated wealth management.
• Wintrust Financial Corporation: Chicago-based community bank holding company operating multiple community banking brands across the Midwest. Comparable as a multi-state community banking platform emphasizing local decision-making, commercial lending, and complementary wealth management.

Regional players

• First National Bank of Omaha: Family-owned Nebraska-based bank with branches across Nebraska, Colorado, Illinois, Iowa, Kansas, and Texas. Comparable as a private multi-state Midwest bank with adjacent geographic footprint, especially relevant to Bankers Trust's Nebraska and Omaha expansion.
• GreenState Credit Union: Iowa-headquartered credit union with branches across Iowa and Illinois, serving retail and small-business customers. Comparable as an Iowa-based retail/SMB depository competitor serving the same Central Iowa household and small-business customer base.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/BankersTrust
• LinkedInlinkedin.com/company/bankers-trust

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bankers Trust