Latest "Community News" Posts

January 11, 2021 – The Economic Aid Act was signed into law on December 27th, 2020. Part of this act is the Paycheck Protection Program (PPP) Second Draw Program aimed at helping small businesses impacted by COVID-19. Providing $284 billion in new lending capacity, the program is set up to support our local businesses who […]

January 11, 2021 – 2020 was a year to remember! We started with big plans, but two and a half months in, everything changed due to COVID-19. Parts of our economy shut down. Downtown was empty. Businesses shut their doors. We closed our bank lobbies, sent many people to work from home, and shifted overnight […]

December 30, 2020 – The second round of Economic Impact Payments (EIPs) are already arriving for direct deposit at the Bank and will continue over the next few weeks. Paper checks and prepaid cards will be sent by mail over the next few weeks. Customers may see a pending deposit as early as today. Please […]

December 28, 2020 – With the signing of the new stimulus bill, there will be a second round of PPP lending. We have no details yet from the SBA. We know this can be very frustrating, but our advice is to sit tight.  We should know more shortly. We will update our website and social […]

December 10, 2020 – Erick Kephart, with Wealth Management and Trust Services at Decorah Bank & Trust, shares some quick thoughts regarding financial markets and your investments as 2020 comes to a close and we look into 2021. “Currently, market indexes are at or near an all-time high.  Financial markets are on pace to provide […]

December 4, 2020 – On December 1st, the Small Business Administration released public data about Paycheck Protection Program borrowers – specifically, the borrowers’ names, addresses, exact loan amounts, and who their PPP lenders were.  This was done by court order following lawsuits brought by media organizations seeking the data.  Today’s SBA release involves PPP loans […]

November 30, 2020 – Decorah Bank’s Christmas Coloring Fun is underway! Children ages 10 and under can color to win a stuffed teddy bear. Please stop by our South branch location on Division and Short Street to pick up your coloring registration form or download and/or print the pdf below. Return your form to our […]

November 25, 2020 – It has come to our knowledge that individuals are receiving spoofed calls from fraudsters claiming to work at Decorah Bank and Trust. We would like to remind everyone of a few key things to look for when determining the validity of a call. Please know that the bank will never call […]

November 3, 2020 – Decorah Bank is excited to announce that Justin Gullekson is assuming the new role of Decorah Market President. “Justin’s focus will be to ensure we provide excellent service to our customers and community in and around Decorah, similar to what Donna Thomas, Cresco Market President, does for Cresco. Over the past […]

October 23, 2020 – October is Cyber Security Month. In a world full of technology, it is vital to be cyber smart and secure. We have put together some tips on keeping your electronic devices secure from people who may want to steal your information. Your Passwords – It’s incredible how many passwords we have to […]