Legacy Bank and VisionBank of Iowa – headquartered in Ames, Iowa – will merge on November 1, 2022, and the resulting institutions will operate under the VisionBank of Iowa name.
We will continue to be the same great bank with a community banking tradition that sets us apart from other financial institutions. Both banks have a culture of commitment to customers and the community, making the partnership an ideal fit. We share a common belief in providing face-to-face personal service, the convenience of electronic banking services, and dedication to our customers’ financial success. We will continue to bring you the same competitive products and services and expanded lending capacity, all delivered by the bankers you have come to appreciate.
Our business approach and commitment to you and the community will remain unchanged. We are delighted to bring you 9 additional banking locations in Ames, Boone, Grimes, Huxley, Ogden, and Waukee. After the transition, you will have access to 13 banking centers, all located right here in Central Iowa.
For now, please continue banking as you always have. You will receive a comprehensive guide in the coming months. The guide is designed to help you prepare for the formal transition from Legacy Bank to VisionBank of Iowa, which is scheduled for April 17, 2023.We are excited to welcome Legacy Bank customers to the VisionBank of Iowa Family. We look forward to getting to know you and helping you achieve your financial goals.
For now: Bank as usual until April 17, 2023:
January – February: Customers will receive a comprehensive guide by mid-February. This guide is designed to assist customers in the formal transition from Legacy Bank to VisionBank.
Additional details and timelines will be shared as information comes available. In the meantime, be sure to visit visionbank.com to explore the many products and services that can help you achieve your unique financial goals. We appreciate your patience as we work through the finer details of this partnership.
Please continue to access your online and mobile banking accounts through the Legacy Bank website and mobile app. Accounts will not be converted to VisionBank until April 17,2023. Additional information and instructions will be sent out as we get closer.
YES! Continue to Use your debit card, credit cards, and checks as you normally would.
The principal place of business for VisionBank is 104 Chestnut Street, Ames, IA 50010. This is the address that is used for all legal documents, communications with regulators, etc.
The current Legacy Bank routing number will continue to work, and checks will continue to clear.
Continue to manage your loan balances as you have been. There are no changes needed for any direct deposits, recurring payments, or scheduled transfers at this time.
All customers will receive new VisionBank branded debit cards at conversion (April 17, 2023). While not all customers will need new account numbers, we are anticipating a small amount of overlap which will unfortunately require new account numbers.
Customers who are issued a new account number will receive ample notification, new checks, and instructions for re-establishing automatic payments and bill pay. Customers who do not require a new account number can continue to use their current check stock without issue.
Absolutely, one of the many perks of this merger is the opportunity to expand our local footprint to better service our customers and communities.
The hours for the Altoona, Bondurant, Clive, and Mitchellville locations will remain the same to ensure there is as little disruption to customer activity as possible.
Customers are encouraged to continue using their primary Legacy branch for in person transactions until the conversion date which is set for April 17, 2023.
VisionBank is a federally insured institution. Deposits are insured up to $250,000 per depositor, per FDIC-insured bank, per ownership category. For more detailed information, please visit the FDIC’s FAQs.