July 21, 2014, Mt. Pleasant, Iowa – David D. George, Two Rivers Bank & Trust Market President-Mt. Pleasant, and Chairperson of the Union Block Finance Committee, announced today that Two Rivers Bank & Trust recently funded the federal tax credits to allow June 30, 2014, completion of the Union Block project for Main Street Mount Pleasant.
In addition to this latest investment, Two Rivers Bank & Trust has served as the primary consultant through the project, and as the lead financial institution in the lending consortium.
He stated, “Two Rivers Bank & Trust is pleased to see this project, embraced by our community members, reach across the state of Iowa and beyond, as individuals, businesses, and non-profit organizations have united to save and preserve the rich history of the Union Block.”
Main Street Director Lisa Oetken added, “This has been an amazing project and we feel so fortunate to have strong community support. We’ve really enjoyed working with Two Rivers Bank & Trust, and appreciate their efforts, along with the participation of two other financial institutions – Wayland State Bank and Pilot Grove Savings Bank. Their partnerships and those of area contractors allowed us to Look Local First to restore a building in which our community can be proud.”
Two Rivers Bank & Trust, a wholly-owned subsidiary of Two Rivers Financial Group, has banking centers located in Ankeny, Burlington, Coralville, Des Moines, Iowa City, Mediapolis, Mt. Pleasant, New London, West Burlington, and West Des Moines, and a loan production office in Bettendorf. Two Rivers Bank & Trust reported total assets in excess of $648.4 million as of June 30, 2014.