The American (Trust &) Savings
Bank
What do Dubuque, Dyersville, Farley, and Wes Des Moines have in
common? They’re all in Iowa? Yes. And they all have the
American Trust & Savings Bank, decades since
1911.
The American Trust & Savings
Bank, or simply ‘American Trust’, is trusted for years for
giving “simply better banking”. In the safe hands of the Schrup’s
family throughout the stretch of its success from trials history,
the trusted bank has been serving with an unyielding support for
its local community. It simply has been there for them. The
American Trust & Savings Bank has all been through World War I,
the Great Depression, and the 21st Century economic growth
explosion, and still serving, and expanding.
Throughout the
decades, the American Trust & Savings Bank has been decidedly
defined by more up to date changes and add-ons throughout the Iowa
state beginning in the 60’s with the development of a modern motor
bank, a supermarket office, and all other extensions from its base
in Dubuque. Yet one thing is most notable, the growth of the
American Trust has been nothing but under the supervision of the
Schrup descendants beginning from its founding father Nicholas
Schrup, the first Schrup in place. This only means that the
American Trust& Savings Bank operates under a rooted tradition
of family oriented trust service – from dad’s money market
investment accounts to gramps' individual retirement account (IRA),
from the family income statement savings account to student banking
for the kids (for young adults aged 13 to 25), and mom’s Christmas
Club account to the kiddies’ Junior Bankers account (for kids under
12).
The bank’s dedication to family and community
service even extends beyond its facility walls. Apart from the
actual bank finances management are the American Trust’s outreach
educational programs. Coinciding with the ‘National Teach Children
to Save Day’ of the American Bankers Association Education
Foundation (Washington, D. C.), the American Trust &
Savings Bank conducted a voluntary elementary student
interactive seminar to help the young learn their ‘financial ABCs’
and become smart savers at such an early awareness age. This
kid-friendly money management ‘life skills’ civic program is all
hopes to mold the future’s smart investors and money managers by
diffusing financial literacy among the American youth
now. This only shows that the American Trust Tower is
not just a bank / weather beacon – it also is a financial educator
soaring eagle symbol for all families in the Iowa state.
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