Midwest One Bank Celebrates Merger with Ribbon Cutting

Midwest One Bank in Dyersville celebrated its recent merger with a ribbon cutting on Thursday night.

On July 15th, American Trust and Savings Bank officially made the switch to Midwest One, based out of Iowa City. Pat Hogrefe is the Regional President for Midwest One Bank.

Hogrefe says they did run into a challenge as they made the switch.

The merger didn’t bring any big changes – Hogrefe says they were able to keep all their employees in their Dyersville and Farley locations. And their customers won’t see any changes other than having a few more banking tools they can use.

Hogrefe says the great thing about Midwest One is that their values are very similar to American Trust.

Around one hundred people attended a ribbon cutting and Business After Hours at the bank’s Dyersville 1st Avenue location on Thursday night to celebrate American Trust’s merger with Midwest One.

 

photo courtesy of Dyersville Chamber