DeWitt Bank and Trust Co. Revenue and Competitors

DeWitt Bank & Trust Co. was chartered by the State of Iowa to conduct banking activities in 1934. The bank was the successor to Farmers and Citizens Savings Bank, which was closed during the Great Depression. DeWitt Bank & Trust Co. commenced operations in the same building that housed Farmers and Citizens Savings Bank with 6 employees. In 1967 we entered the computer age by purchasing computer services from Davenport Bank & Trust Co. Prior to that time, all transactions wer e posted to the books by hand. In the fall of 2000 we purchased the DeWitt office of Gary Foster to offer a full service staff of accounting professionals. Now 70 years after we first opened our doors, we employ close to 40 people eager to serve the needs of our customers. DeWitt Bank & Trust Co. is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.