Encyclopedia Dubuque
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FEDERAL BANK AND TRUST COMPANY: Difference between revisions
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[[File:FEDERAL.png|250px|thumb|right|]] | [[File:FEDERAL.png|250px|thumb|right|]] | ||
[[Image:federalb.jpg|right|thumb|350px|Letterhead. Photo courtesy: Cathy's Treasures, 156 Main, Dubuque]] | [[Image:federalb.jpg|right|thumb|350px|Letterhead. Photo courtesy: Cathy's Treasures, 156 Main, Dubuque]] | ||
FEDERAL BANK AND TRUST COMPANY. | FEDERAL BANK AND TRUST COMPANY. The Federal Bank and Trust opened in Dubuque on May 2, 1914 and $30,000 was deposited. In August 1930 the total deposits of the bank totaled $2.2 million. Affiliated with it was the Federal Corporation doing business in general securities, investment and finance with capital of $150,000 and the Federal Building Company with a capital of $300,000. The bank moved to a new thirteen-story building in 1923. (1) | ||
The main room of the bank featured three murals by James E. McBurney, an artist who received medals for two murals at the Panama-California Exposition. The largest of the murals depicted [[DUBUQUE, Julien|Julien DUBUQUE]] being shown the [[LEAD MINES]] by Native Americans. A second mural entitled "The Ferry" pictures pioneers waiting to cross the [[MISSISSIPPI RIVER]] on a ferry. The third mural illustrated three Native Americans on a high point watching the first steamboat on the river. (2) | |||
On Armistice Day in 1929, the American Legion Band drum and bugle corps, members of the Dubuque Legion post and the public faced east while a firing squad fired three volleys in tribute to the soldiers and sailors who died in World War I. Following the salute, a bugler sounded taps and the echo was sounded by a second bugler stationed on the roof of the twelve-story Federal Bank and Trust Trust Company building a block away. (3) | |||
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Source: | |||
1. "Corn is Symbol of Federal Bank," ''Telegraph Herald'', August 24, 1930, p. 55 | |||
2. Ibid. | |||
3. "Impressive Armistice Day Ceremony, ''Telegraph-Herald and Times-Journal'', November 12, 1929, p. 25 | |||
[[Category: Banks]] | [[Category: Banks]] | ||
Revision as of 20:21, 21 September 2017
FEDERAL BANK AND TRUST COMPANY. The Federal Bank and Trust opened in Dubuque on May 2, 1914 and $30,000 was deposited. In August 1930 the total deposits of the bank totaled $2.2 million. Affiliated with it was the Federal Corporation doing business in general securities, investment and finance with capital of $150,000 and the Federal Building Company with a capital of $300,000. The bank moved to a new thirteen-story building in 1923. (1)
The main room of the bank featured three murals by James E. McBurney, an artist who received medals for two murals at the Panama-California Exposition. The largest of the murals depicted Julien DUBUQUE being shown the LEAD MINES by Native Americans. A second mural entitled "The Ferry" pictures pioneers waiting to cross the MISSISSIPPI RIVER on a ferry. The third mural illustrated three Native Americans on a high point watching the first steamboat on the river. (2)
On Armistice Day in 1929, the American Legion Band drum and bugle corps, members of the Dubuque Legion post and the public faced east while a firing squad fired three volleys in tribute to the soldiers and sailors who died in World War I. Following the salute, a bugler sounded taps and the echo was sounded by a second bugler stationed on the roof of the twelve-story Federal Bank and Trust Trust Company building a block away. (3)
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Source:
1. "Corn is Symbol of Federal Bank," Telegraph Herald, August 24, 1930, p. 55
2. Ibid.
3. "Impressive Armistice Day Ceremony, Telegraph-Herald and Times-Journal, November 12, 1929, p. 25