Dubuque Bank and Trust

{{Short description|American bank headquartered in Dubuque, Iowa}}

{{Infobox company

| name = Dubuque Bank & Trust, a division of UMB Bank

| logo = Dubuque Bank and Trust logo.png

| traded_as = {{NASDAQ|UMBF}}

| industry = Banking

| foundation = {{Start date and age|1935|07|03}}

| location = Dubuque, Iowa, United States

| assets = $1.443 billion (2017)

| equity = $0.148 billion (2017)

| parent = UMB Financial Corp.

| homepage = {{url|http://www.dubuquebank.com/}}

| footnotes = {{cite web | url=https://research.fdic.gov/bankfind/detail.html?bank=15219 | title=FDIC Bank Info: Dubuque Bank and Trust Company (FDIC # 15219) | publisher=Federal Deposit Insurance Corporation}}

}}

Dubuque Bank & Trust, a division of UMB Bank is a bank headquartered in Dubuque, Iowa. It is a division of UMB Financial Corporation, a bank holding company. The bank has 8 branches, all of which are in Iowa. It is the 7th largest bank headquartered in Iowa.{{cite web | url=https://www5.fdic.gov/idasp/advSearchLanding.asp | title=FDIC Bank Search | publisher=Federal Deposit Insurance Corporation | access-date=2018-01-19 | archive-date=2018-01-30 | archive-url=https://web.archive.org/web/20180130230631/https://www5.fdic.gov/idasp/advSearchLanding.asp | url-status=dead }}

History

The bank was established on July 3, 1935.{{Cite book |url=https://books.google.com/books?id=OrxBAAAAIBAJ&dq=Dubuque+Bank+and+Trust&pg=PA20&article_id=5559,180268 |title=The Telegraph-Herald |publisher=The Telegraph-Herald |language=en}}

In 1988, the bank acquired Fireside Credit after it filed for bankruptcy protection.{{cite news | url=https://www.newspapers.com/newspage/131704586/ | title=Payments Set For Fireside Depositors | work=The Des Moines Register | date=November 8, 1988}}

In 1989, the bank acquired Key City Bank.{{Cite book |url=https://books.google.com/books?id=2BJFAAAAIBAJ&dq=Key+City+Bank&pg=PA14&article_id=3122,4174652 |title=The Telegraph-Herald |publisher=The Telegraph-Herald |language=en}}

In 1991, the bank acquired Farley State Bank.{{Cite book |url=https://books.google.com/books?id=ghBeAAAAIBAJ&dq=Farley+State+Bank&pg=PA1&article_id=1751,3240455 |title=The Telegraph-Herald |publisher=The Telegraph-Herald |language=en}}

In 2004, Douglas J. Horstmann was named president and chief executive officer of the bank. Horstmann retired in 2017.{{cite press release | url=https://globenewswire.com/news-release/2017/02/21/926038/0/en/Dubuque-Bank-and-Trust-Heartland-Financial-USA-Inc-Announce-Retirement-of-Douglas-J-Horstmann.html | title=Dubuque Bank and Trust / Heartland Financial USA, Inc. Announce Retirement of Douglas J. Horstmann | publisher=GlobeNewswire | date=February 21, 2017}}

In 2012, the bank acquired 3 branches from Liberty Bank, FSB.{{Cite web |date=2012-05-04 |title=Heartland to Buy 3 Iowa Branches from Troubled Liberty Bank |url=https://www.americanbanker.com/news/heartland-to-buy-3-iowa-branches-from-troubled-liberty-bank |access-date=2023-08-24 |website=American Banker |language=en}}

References