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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.
SCHRUP, Charles Joseph
Schrup is credited with guiding the bank through the rough financial times of the GREAT DEPRESSION. American Trust and FIRST NATIONAL BANK OF DUBUQUE were the only two of seven local banks to survive. Deposits from 1931 to 1933 actually increased by $55,000 to reach $1,061,364. At the time of his death, the deposits had exceeded the $20 million figure.
Schrup served as treasurer of the National Reserve Insurance Company, president and treasurer of the Dubuque Securities Company, and member of the board of regents for LORAS COLLEGE.