Sleepy Hollow Chevrolet Buick of Cresco and Cresco Bank & Trust have announced a strategic partnership aimed at better serving the Cresco community. The family-owned Sleepy Hollow Auto Group, which has grown from a modest start with a few used cars on a dairy farm in 1987 to a network of five locations, is excited to offer this streamlined vehicle purchasing process in collaboration with Cresco Bank & Trust.
According to new data from the Federal Trade Commission’s website, “consumers reported losing nearly $8.8 billion to fraud in 2022, an increase of more than 30 percent over the previous year”. Roger Huinker, a Northeast RSVP Volunteer trained by the Iowa Insurance Division, will be presenting an “Iowa Fraud Fighters” seminar. He will be joined by staff from Decorah Bank & Trust, local law enforcement, and Wright Way Computers. Join us at the Decorah Bank & Trust Meeting Room on February 13th at 10 AM (202 Water Street in Decorah).
Join us for our upcoming event!
Estate and succession planning is a critical decision that farmers make to ensure the long-term continuation of their farms. This seminar is designed for both the generation who owns agricultural assets and for the generation who may succeed them. Gain insights from industry experts who have been part of succession planning for farmers across the Midwest. Learn what steps can be taken to preserve your farming legacy and ensure a prosperous future!
Happy New Year!
Time flies when you’re having fun – where did the last year go? 2023 was a challenging year in banking. We experienced the fastest increase in interest rates since the early 80’s and the first drop in our national money supply since the Great Depression. These events put pressure on the liquidity and margins of banks across the spectrum, ultimately leading to the collapse of three large banks: Silicon Valley Bank, Signature Bank, and First Republic. While the business models of these banks are different than a community bank like ours, their failures serve as a reminder of the vital role our depositors play in ensuring our stability. We thank you for your ongoing support and trust in us.
Decorah and Cresco Bank & Trust is thrilled to announce that the recent "Feed the Pig" food pantry fundraiser has raised $11,068.38 to support local food pantries in the community. With an aim to come alongside organizations this holiday season, the fundraiser focused on raising funds for the Decorah Community Food Pantry, NEIACA Food Pantry of Winneshiek and Howard Counties, and Greater Area Food Pantry in Calmar.