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Hills Bank and Trust Company : ウィキペディア英語版 | Hills Bank and Trust Company Hills Bank and Trust Company is a bank based in Hills, Iowa, U.S.A., with 17 offices in three eastern Iowa counties, with more than 425 employees and total assets over $2 billion. While still headquartered in a town of fewer than 900 people, Hills Bank is one of the largest independent banks in Iowa, with over 120,000 customers. The bank was founded in 1904, and is a subsidiary of Hills Bancorporation, a holding company established on December 12, 1982. The bank's president is Dwight O. Seegmiller. == Early Years: Hills Savings Bank == On February 15, 1904, Hills Savings Bank was founded by 19 local citizens with $10,000 among them and the dream of organizing a local savings bank.〔Hills Bank and Trust Company History Book, pg 2〕 Subscriptions for stock in the bank were purchased with each share valued at $100.〔Hills Bank and Trust Company History Book, pg 2〕 A board of directors was elected and plans were made to construct a building. Later that summer, the Hills Savings Bank opened for business with only a handful of employees. Albert Droll was hired as a teller in 1921 and officially became president in 1965.〔Hills Bank and Trust Company History Book, pg 4〕 Approximately 25 years after the bank’s doors opened, the Great Depression struck causing 600 banks in Iowa to fail.〔Hills Bank and Trust Company History Book, pg 4〕 Among those to close were all five banks in Iowa City, and seven of nine banks in Cedar Rapids.〔Hills Bank and Trust Company History Book, pg 4〕 This was a defining time and turning point for the small Hills Savings Bank in Hills, whose doors remained open through the Great Depression.
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