I n 2005, the bank began offering services on location to residents at Oaknoll Retirement Community in Iowa City. Then in 2006, an office was established in Wellman serving an already strong base of customers. This increased the number of Washington County offices to two. These years were a busy time for opening physical locations, but also for branching out with new technology. Customers could now do much of their banking remotely via the Internet and remote capture services. Technology has redefined how business is transacted, transforming the ways the bank serves its customers. The summer of 2008 left its mark on the Corridor as flood waters rose in homes and businesses, including the bank’s offices in downtown Cedar Rapids and on South Gilbert Street in Iowa City. Later that year, those offices reopened and the Trust and Wealth Management Division relocated to the Grand Rail development in Coralville until a permanent location was established. As the rebuilding wrapped up, new construction began with the groundbreaking for a new location on the northeast side of Cedar Rapids in early 2009 and the permanent building opened for business in early 2010.
Rising flood water consumed downtown Cedar Rapids including the bank’s location there. Reprinted with permission © 2009 The Gazette , Cedar Rapids, Iowa
In the summer of 2008, flood waters surrounded the South Gilbert Street location in Iowa City.
Iowa City Downtown
Wellman
Cedar Rapids Northeast
2005 Direct Merchant remote capture is launched. The downtown Iowa City office is relocated to Old Capitol Town Center.
2009 Cedar Rapids Northeast branch opens. 2009-2012 Ron Stutsman serves as chairman of the board.
2008 Flood waters
2005-2009 Richard W. Oberman serves as chairman of the board.
displace the Cedar Rapids Downtown and Iowa City South Gilbert locations for several months.
2006 Wellman branch opens.
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