About Us


American Trust Retirement, a division of American Trust & Savings Bank is located in the beautiful and historic bluffs of downtown Dubuque, Iowa. Our history dates back to 1911, when several Dubuque business people obtained a charter for the German Savings Bank and named Nicholas J. Schrup the first president of the bank. During WWI, the bank became as we know it today, American Trust & Savings Bank.

The foundation of our first retirement services reaches back to the 1950s. In the late 1990s, we realized an enormous opportunity existed to unite American Trust's discretionary trust services with the small- to mid-sized retirement market and embarked on a mission to make major cornerstones of a quality retirement plan that were typically made available to only large clients, and to do so in a bundled approach that brought with it tremendous control and cost savings. These cornerstones – plan design, fiduciary oversight, investments, and cost efficiency, along with service and technology – are our highest aspirations and achievements.

In April 2014, American Trust acquired Pension Inc. of Iowa, an unbundled third-party administrator that services over $430 million in qualified assets and more than 14,000 plan participants. With the acquisition, American Trust can now provide three models of service: ATAdvantage, a full service solution; ATSelect-Recordkeeping; and ATSelect-Compliance, with an option of a recordkeeping or compliance solution.

As we look ahead, we are poised for continuous growth and success. We will continue to develop partnerships and work closely with our clients. We are very proud of our heritage and look forward to expanding our horizons further. Thank you for your interest in our history and development and encourage you to look closer at our professionals at American Trust Retirement.