About Us

First Trust and Savings Bank, with its origin dating back to 1886, has been very blessed to be part of a strong agricultural area that now includes facilities in the towns of Wheatland, Dixon, Lost Nation, Calamus, Grand Mound, Donahue, and Eldridge, Iowa.

First Trust is a locally owned community bank, with many long-term experienced employees to serve you. We strive to provide you with the products you desire, and the service you deserve. Our hope is that whatever your business is with First Trust, you always feel that you have dealt with a staff that takes your financial needs seriously, and treated you as a friend.

History

First Trust and Savings was founded in Wheatland, IA in 1886 by Edward Guenther along with his brother, Henry Guenther, and his father, John Guenther. The Guenther's recognized the agricultural and industrial needs of the community and developed First Trust and Savings Bank as one of the strongest financial institutions in the agricultural area between Clinton, Iowa, and Cedar Rapids, Iowa.

When the Guenther's originally founded the bank, they named it John Guenther and Sons, Private Bankers after themselves, the founders. In 1910 the bank became incorporated and was named German Trust and Savings Bank, and finally, in 1918 First Trust and Savings Bank assumed its present name.

First Trust and Savings grew rapidly in the late 1880s which led to the development of a branch bank in Lost Nation, Iowa. In the early 1960s, First Trust expanded with the purchase of Dixon Bank and Trust in Dixon, Iowa. First Trust continues to grow with the addition of the Calamus and Grand Mound offices in 1999, the Donahue office in 2007, and the Eldridge office in 2020.