The First National Bank of Dubuque was a bank headquartered in
Dubuque, Iowa
Dubuque (, ) is the county seat of Dubuque County, Iowa, United States, located along the Mississippi River. At the time of the 2020 United States Census, 2020 census, the population of Dubuque was 59,667. The city lies at the junction of Iowa, Il ...
. First National was the oldest national bank to be located in
Iowa
Iowa () is a state in the Midwestern region of the United States, bordered by the Mississippi River to the east and the Missouri River and Big Sioux River to the west. It is bordered by six states: Wisconsin to the northeast, Illinois to the ...
. It was one of the few local banks to survive the
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...
. After a series of mergers and acquisitions, the bank eventually became part of
US Bancorp
U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution ...
corporation.
In the early 1990s, First National changed its name to Hawkeye Bank of Dubuque when it merged with several other Iowa banking concerns. A few years later the bank was merged into the
Mercantile Bank corporation. Mercantile Bank was then acquired by Firstar Bank in 1999, which also had branches in Dubuque. When this happened, Firstar evaluated the local branches in Dubuque. It closed several branches, both from the Mercantile Bank chain and some existing Firstar Bank branches.
When Firstar merged with US Bancorp, the two banks became known as US Bank. What was once First National Bank of Dubuque is now known as US Bank.
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Defunct banks of the United States
Economy of Dubuque, Iowa