News Blog

 

Feed the Pig. Feed the Community.

October 28, 2019 – Decorah – This is an example of community generosity at its best. This is the second time Decorah Bank & Trust, in partnership with the Lynch Family Foundation, will help stock the Winneshiek County Food Pantries. The Bank will match the community’s donations up to $2,500, and the Lynch Family Foundation will match up to $2,500 in pork.

Hunger and food insecurity is a serious concern

Money and food donated to the Winneshiek County Food pantries is shared with Iowa residents for whatever reason. Every dollar that is donated can aquire more than ten dollars worth of food for people who need it. You can truly make a difference!

Watching the generosity unfold

Last year, one contributor stood out: Our teller noticed a young woman, in her twenties, dropped all of the proceeds from her entire paycheck in the piggy bank. What a gift!

It was great to see community members come together to accept the pledge challenge – customers and community members, along with Decorah Bank, contributed $6,006.12 in monetary donations.

Donations can be dropped off in Decorah Bank’s lobby in the whiskey barrel piggy bank through Friday, November 22nd. Checks can be made out to one of the Winneshiek County Food Pantries: Northeast Iowa Community Action Corp., Decorah Community Food Pantry, or Greater Area Food Pantry.

Together, let’s see what we can do to hold-off hunger.

 

 

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October 23, 2019 – Decorah & Cresco – Take a minute to think about all the ways you are connected to the world. Do you have a smartphone? Some kind of tablet? What about a smart TV? Perhaps you own a gaming system with online capabilities. The average U.S. household actually has 5.7 connected devices, and that number is going to rise. In the mind of a savvy hacker, that means 5.7 ways per home to hack in and steal valuable information. With some simple steps, you can stay secure.

Powerful pA$$w0Rds.
Creating a strong password is the easiest way you can protect your valuable information (like bank accounts). Put passwords on as many things as you can, like your home Wi-Fi, smartphone, or laptop. Try to create a password that has eight or more characters and mixes numbers and symbols in place of letters. Do not ever share your password with anyone! Legitimate companies will never ask for an account password. If you get a phone call from some service claiming to help you achieve something, and they ask for any kind of website password, beware! This is a common practice for fraudsters. Fun fact: The top two most commonly used passwords in the U.S. are “password” and “123456”. Don’t be one of those people.

Biometric Security.
While it isn’t everywhere yet, you can find biometric security now on many smartphones and laptops. If you have a device that offers this, use it. Unless a fraudster has your fingerprint or an exact copy of your retina, they will be unable to access anything you want to protect.

TBYC (Think Before You Click).
This acronym is not an ice cream store, but an easy to remember phrase to help you avoid the unwanted hassle of being hacked. The dangers are all around – pop up ads on your smartphone, malicious websites on your laptop and fake apps on your tablets marketplace (fraudsters created a fake Angry Birds app, designed to install a virus on smartphones). When browsing the web, look at the websites URL before you click. Does it seem legitimate? Does it end in something common like .com, .net, or .org? In the marketplace, look at the reviews and comments before you download an app. Many clues to the legitimacy of an app can be found there.

From bank accounts to social media websites, you have valuable information everywhere. By following some easy steps, you can save yourself from a big headache.Click here for more detailed information on cybersecurity. For information on what the bank does to protect your information, give us a call.

apple watch with decorah bank appOctober 22, 2019 – Decorah & Cresco – Enjoy digital banking on your Apple Watch!

The Decorah & Cresco Bank app is perfect for quick balance checks and recent transaction history. Enable the Apple Watch feature under the “Settings” menu of the mobile app on your iphone. The watch app will download and install automatically. Press and hold the screen on your watch at any time to refresh balances or transactions if you are utilizing the watch multiple times a day.

Only the Apple Watch is available for the Decorah Bank app – no other watches or wearable devices are compatible at this time. Please contact us with any questions about this latest addition to our digital banking portfolio!

October 15, 2019 – Decorah & Cresco – You love quick access to your online subscriptions. You don’t love being slowed down with each purchase. Who has the time?

cell phone with DBT debit card

Card Swap is now available within in our digital banking platform. It is a tool you can use to update or replace your debit card as the payment method for many popular digital services like Netflix, Amazon, iTunes, Uber, Spotify, and at least 55 more services.

When your debit card gets replaced as part of its normal expiration cycle, or you get a new card, it can be a hassle to go to each separate shopping or entertainment website to update your card. That’s where Card Swap comes in to play.

Simply link your various accounts in Card Swap, enter in your new card number, and complete the swap. Your card number will be updated on all your accounts in one click of a button, saving you precious time.

Card Swap is located in digital banking (online or mobile app), and is behind the same layers of security where bank data is stored, so you can be confident using this feature. Simply log in to digital banking, click on the Services tab, and get started with Card Swap.

Learn about other digital services available to you.

Photo at the Banky AwardsSeptember 27, 2019 – Minneapolis, MN – Decorah Bank & Trust Company and Cresco Bank & Trust Company, a division of Decorah Bank & Trust, was just named among the top three extraordinary banks in the United States by The Institute for Extraordinary BankingTM.

The Bank was recognized with the Institute’s Overall Excellence BankyTM Award for exemplary performance in five areas of banking: philanthropy, customer service, thought leadership, workplace culture, and financial literacy education.

“We’re honored to receive this award for the third year in a row! It really belongs to our 100 employee-owners. We provide a healthy atmosphere and continuous learning opportunities. When combined with people who care about our customers and community, good things happen,” says Ben Grimstad, President & CEO.

The Extraordinary BankingTM Awards highlight the vital, yet often overlooked, role that local community banks play in our economy. Without a vibrant local banking industry, our small businesses and families often lack the have-your-back support of a true community bank that makes communities really thrive.

The Extraordinary BankingTM Awards recognize the best of what community banks offer to our cities, towns, and nation: a true commitment to the success of the small businesses and local community they serve.

Roxanne Emmerich, Chair and Founder of The Institute for Extraordinary BankingTM, proclaimed during the awards ceremony: “Community banks are the backbone of America: small businesses often struggle to stay, and jobs leave. Every robust community has a strong community bank that understands how to help that community thrive and grow.”

 

 

Randy Freilinger, e-Banking SpecialistAugust 5, 2019 – Decorah & Cresco – Randy Freilinger understands that technology is constantly evolving and that it exists to make our lives easier. So when Randy started working at Decorah and Cresco Bank in September 2015 at our I.T. Helpdesk, he was excited to help and educate co-workers about how to use technology to enhance their everyday work lives.

Now almost four years later, Randy has evolved his skills in the world of technology and will be taking over for Ben Wells as the new e-Banking Specialist. Ben Wells (e-Ben) is continuing his career with the Bank in digital banking services to ensure customers have the best digital banking experience with the most advanced technology available.

Randy has 15 years of technology and customer service experience and he’s ready to help you with your e-banking technology needs that goes beyond the scope of our customer support representatives.

Randy can be reached at 563.387.5230 and can help you by phone or in-person.

Decorah Bank TrollsJuly 22, 2019 – Decorah – Hans and Hilda will not disappoint with their annual appearance during Nordic Fest. Selfies and family photos are an annual tradition for many moms and dads that enjoy seeing how their children are growing each year. It doesn’t matter who you are, Hans and Hilda love to have their photo taken and will be hanging out on Water Street in front of the Decorah Bank building on Thursday, Friday, and Saturday. You can also see them in the parade on Saturday. In case of inclement weather, you will find these Nordic trolls taking shelter with us in the lobby.

 

Prevent check fraud with Positive PayJune 27, 2019 – Decorah & Cresco – As a business owner, there’s nothing more frustrating than theft. Altered and forged checks waste your time and money.

Positive Pay is a paper check fraud prevention tool that matches the checks being presented for payment to a list of issued checks provided by your business. If the presented checks match the check numbers and amounts from your list of issued checks, the check will clear your account. If the presented check does not match the list of issued checks, we will send you an alert.

Learn more about other business services that are available to help you take your business to the next level.