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The history of First Trust & Savings Bank is a story of sound
economic growth from its beginning in 1881 and continuing throughout
its first century of service to residents of the Aurelia community.
These same sound-banking principles will guide us as we embark into
our second century of friendly service to patrons in Cherokee
County.
Again, these sound banking principles and good management enabled
the Bank to carry on “through good times and bad times—including the
severe depression—without assistance from any government agency”…an
accomplishment of which the officers and directors of the bank have
justifiably been proud of over the years.
In 1985, the well-publicized Ag crisis hit northwest Iowa with a
vengeance. However, the bank survived, primarily due to the hard
work of its employees, officers and directors.
Following the Ag recovery period, the stockholders entered
negotiations with George and Ruth Pingrey of Sac City, who,
following regulatory approval, purchased controlling interest of
Aurelia FT &S Bankshares, Inc.
The Pingrey family has purchased all of the outstanding shares of
the minority shareholders, in Aurelia FT &S Bankshares, Inc. On
October 1, 1996, the Cleghorn State Bank was purchased and merged
into this bank. Following several successful years, the board of
directors boldly chose to move the bank charter from Aurelia to
Marcus. By doing so, it allowed us to expand our market into the
Marcus area.
Our Quest for Excellence…
- We are “The Bank to Come Home
To.” We expect to earn your business not only by our actions in
the bank, but outside as well.
- We are in the people
business…customer satisfaction is our ultimate goal.
- We view change as an
opportunity to provide our customers with better service.
- We pledge to go that extra mile
for all our customers.
- We will provide a pleasant and
friendly atmosphere in which to conduct your business.
- We will greet everyone with a
smile.
- We will always find an answer
to your questions.
- We continue to keep your
banking information in the strictest of confidence.
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