[2] The land on which the bank now sits was purchased in 1919, and the Lytle Company of Sioux City, Iowa drew up the plans in 1921.

Grand Mound was established by the Chicago, Iowa and Nebraska Railroad in 1858 to provide transportation facilities and other services that were directed toward the region's agricultural economy.

The actual architect of this building is unknown, however, the Lytle Company had designed several other banks across Iowa and into South Dakota.

Progressive Banking was seen as a good business that served the financial needs of the local community, and the architecture was meant to send this message.

What is now First Trust and Savings Bank is a two-story, rectangular, brick structure that features off-white terra cotta moldings and details.

The entrance portals and window bays are recessed and flanked by pilasters whose capitols feature a palmette design.