Category Archives: Neighbors

Thankful you’re our customer!

In the spirit of thankfulness, everyone at Two Rivers Bank & Trust wants to extend our gratitude to you, our neighbors.

In the last year we’ve made many updates to our products and services to make them even better for you.Picture1

“Two Rivers Bank & Trust is always looking to increase consumer protection and safety for our customers,” said Linda Springsteen, Senior Branch Manager in Mediapolis. “It’s our top priority.”

Our upcoming domain name change and new website will increase security for you and make it easier to access financial tips and tools.

“Only a financial institution’s website domain can end in .bank, making it much easier to verify the site and know your web browser is safe,” Springsteen explained.

Mobile Money, our mobile app, allows you to take Two Rivers with you wherever you go. View account balances, transaction history, transfer funds between accounts, and pay your bill anytime, anywhere!

We hope that you take time to enjoy this holiday season with your loved ones and we hope you know how happy we are to serve you.

“We always want to do right by our customers,” she said. “2018 will be another year to show our neighbors how much we care from education about financial safety and budgeting to new products and services delivered with good, old-fashioned customer service.”

Follow us on Facebook, visit our blog regularly, and stop by to see us to know everything new at Two Rivers Bank & Trust!

Ways to give back to the community

It’s hard to turn on the news and not get discouraged by current events. But, we’ve seen the country come together to help hurricane-affected cities and we know our local communities have the same capabilities.

As we enter the season of giving, Two Rivers Bank & Trust wants to remind our business partners that giving back is not just an individual’s responsibility. We know it’s a busy time for everyone, but there are ways, big and small, you can get involved.

Cyndi Parks, Senior Branch Manager at Two Rivers Bank & Trust, explained some of the ways we help out in our

“Last month was the 25th anniversary of our Paint-A-Thon in Burlington,” Parks said. “More than 500 homes have been painted by thousands of volunteers over the years. It’s wonderful to see our communities wrap their arms around at-need families.”

Since the holidays are right around the corner, we wanted to let you know about two of our volunteering programs that take place in December.

By market, some of our branches adopt a family at Christmastime and some accept Toys For Tots donations. In Burlington and Mediapolis, we also involve local law enforcement for a special day.

“One of my favorite activities is Shop With A Cop,” she said. “Uniformed officers take children to Walmart to shop and spend the afternoon together. It’s truly incredible. I’ve seen kids buying paper products because they know they need them at home and I’ve seen kids buy presents for their siblings. The officers love the time, too.”

Community volunteering is something Two Rivers employees take very seriously.

“As our neighborhood financial institution, taking care of our community is important,” Parks explained. “We care about our neighbors and giving back to the community whether it’s financially or with our time.”

So this holiday season, we encourage you to give of your presence, mentor, coach, and be visible in your community. It matters more than you’ll ever

Retirement Options at Two Rivers

Less than one-third of Americans are taking advantage of the benefits of an IRA, according to a recent survey conducted by the Teachers Insurance and Annuity Association (TIAA). While the business landscape changes frequently, it can be difficult to know whether your retirement through your employer is adequate to get you to your retirement goal.

That’s why you should open an IRA with Two Rivers Bank & Trust. Whether you’re just starting out or are well into your career, it’s always a great time to start saving. We offer Traditional and Roth IRAs and have skilled professionals who can help customize a plan for you!

Brett Bessine, Vice President & Retirement Plan Services Specialist at Two Rivers Bank & Trust, explained a little bit about IRAs and the benefits of an account with Two Rivers.brett

What is an IRA? 

“An IRA is simply an account (not an investment itself) where you can make contributions, have those contributions invested, and accumulate assets throughout your working years so that you have money set aside to live on in retirement.”

Why are they beneficial? When should you open one?

“Not everyone has access to a 401(k) or another type of retirement account through their employer. For these individuals, it is imperative that they take the initiative on their own to start an IRA and make contributions consistently throughout their careers. Even for those who do have access to an employer sponsored retirement account, it can make sense to have an IRA also. If a person has maxed out his or her 401(k) contributions and would like to save more or if the employer’s plan doesn’t allow ROTH contributions, opening an IRA or ROTH IRA is an option. If you are unsure if an IRA makes sense for you come see us at Two Rivers for additional information.”

What tips do you have for people saving for retirement? 

“It is so important to start saving early and consistently save throughout your working years. Create a budget so you know where your dollars are being spent and adjust in order to increase your savings level. Have a long term plan and sit down with a retirement plan specialist to review.”

Controlling the expense of your IRA is critical to maximizing the return.  One of the ways we can help you increase your return is by reducing your costs through the utilization of lower expense share classes of funds made accessible by partnering with our knowledgeable team at Two Rivers Bank & Trust.  Come talk with our team about the many advantages we can offer. As your neighbor, we want you to retire well. Contact Two Rivers today!

Investment and Insurance Products: Are Not insured by the FDIC or any other federal government agency; Are Not deposits of or guaranteed by the Bank or any Bank Affiliate; May lose value.

Mortgages with Two Rivers – You Have Options

Sweet summertime is one of the most popular times to buy a house. Choosing which home to purchase is one of the most important decisions you’ll ever make. If you’re looking for more information, check out our blog about home buying.

Two Rivers Bank & Trust is alongside you for every milestone, including buying a house! Julie Brown, Retail Loan Officer at Two Rivers, explained the flexibility of your options with us. “We have a variety of loan options available at Two Rivers,” she said.

“Instead of only offering a cookie-cutter, one-size-fits-all mortgage product we will take the time to sit down with you as your trusted financial partner and talk through your individual situation. By discussing your individual situation, talking about monthly payments you are comfortable with, as well as how much you have available for a down payment, we are able to figure out what loan product will best work for you with your current or future home.”moving

If you think you’ve found your dream house or you’re ready to start looking, come see us! “As far as home mortgage products we offer in-house Adjustable Rate Mortgages, secondary market conventional loans, VA loans, FHA loans, USDA loans and Jumbo loans,” Brown explained.

While these options might seem overwhelming, let one of our loan professionals help you through the home financing process.

“The best advice I can give a first-time home buyer is to educate yourself,” Brown said. “Buying a home is an exciting and emotional experience, it is easy to look at a home for sale and see the listing price but have no idea what the monthly payment will be. By coming to Two Rivers to be pre-qualified to purchase a home you can then look at a listing and know roughly what your monthly payment will be on that property.”

Another benefit of being pre-qualified is the added negotiating power you can offer a seller, making them comfortable with your financial ability to purchase their property.

Don’t forget, if you have a mortgage with another institution, we can help you refinance.

“If you are considering refinancing your home we can sit down with you and review your individual situation, your current mortgage amount, your current interest rate and remaining loan term,” Brown explained. “By doing this, we can determine if there is an opportunity to lower your monthly payment or to shorten your loan term.”

At Two Rivers, we are willing to take the time, as your trusted financial partner, to look at your current or future mortgage needs to make sure you are utilizing the best loan product for you. Come see us!

Two Rivers Bank & Trust – Member FDIC, Equal Housing Lender

Make it Work for You

The average tax refund is about $3,000. Granted, this is not a ‘gift’ but money in your pocket nonetheless.

One way to make that money work for you is to put it in a Certificate of Deposit (CD). A CD is a great savings tool when you don’t need to access your money right away.

Llew Anderson, Two Rivers Branch Manager, explained that there are times when CDs are a very logical choice.Capture

“CDs are good tools for people who get large lump sums of money (bonuses, tax refunds, inheritance, etc.) and want to keep that money for future purposes,” she said.

Why choose a CD over other options? The great benefits, of course!

“CDs generally earn a higher rate of return than a traditional savings account because you can’t access the funds in the account in the same manner,” she said. “They are great for people who have a hard time saving because you can’t access the money (other than at maturity) without a penalty.”

Two Rivers Bank & Trust has lucrative CD options with flexible terms and rates. These accounts require a minimum deposit of $1,000, which might be close to the amount of your tax return!

At Two Rivers, we want to help our neighbors achieve their saving goals.

“I had a customer who was saving to purchase a home in the ‘next few years,’” Anderson said.

“She admitted she wasn’t great at saving and needed a way to put money aside where she couldn’t access it easily.”

Anderson recommended we set up an auto-transfer from her checking account to a special savings account. When those savings accumulated, she opened an additional CD, and started building her balance again!

“She was able to save a little over $5,000 over the course of a year, and the interest that she earned seemed like an extra perk to her.”

If you’ve opened a savings account with Two Rivers, consider opening a 3 to 60-month CD with us, too! Select the term that best fits your needs. You can easily transfer some of the funds between Two Rivers accounts to earn higher interest with a CD – just remember the minimum requirement for your savings account!

We want you to have financial success! Contact us if you have any questions. We’re always happy to help our neighbors.



Dave Williams

Meet our Neighbor, Performance Therapies!

At Two Rivers Bank & Trust, we care about our customers, which is why we take pride in getting to know each and every one.

Our Good Neighbors Club Director, Renee Zaiser, considers it to be the best part of her job. “Our customers are absolutely the best,” she said. “They’re happy, Midwestern people and we love providing the solutions to any problems they may have.”

With January 19, being National Get to Know Your Customers Day, we wanted to take this opportunity to introduce you to our customer, Dave Williams, who can help you reach your health-oriented New Year’s resolutions!

Dave came to us in 1999 with a dream to open a health and physical therapy clinic while putting himself through a doctoral program in physical therapy. His company, Performance Therapies in Coralville, has grown into a health club, fitness and therapy center that’s focused on improving the lives of people in our neighborhood. Now, Dave is not only our client but also our neighbor.

“Two Rivers Bank & Trust shares my desire to help people make their dreams and goals come to life,” said Williams, who has worked to make his passion for helping others a reality. “Two Rivers believes in doing things the right way. They’re really good about taking care of their clients, just like I do.”

Thank you, Dave, for allowing us to help you make your dream a reality. We take pride in being your neighbor.

Learn more about Performance Therapies and how they can partner with you in 2017 to reach your fitness goals!