First Mercantile Trust, a Subsidiary of EdgeCo Holdings, Announces Agreement for Strategic Acquisition of American Trust Retirement
First Mercantile Trust Company (FMT) has entered into a definitive agreement to acquire American Trust Retirement (ATR) from American Trust & Savings Bank.
- First Mercantile Trust Company (FMT) has entered into a definitive agreement to acquire American Trust Retirement (ATR) from American Trust & Savings Bank.
- FMT is a subsidiary of EdgeCo Holdings, Inc. (EdgeCo), a leading provider of technology-enabled retirement solutions for financial intermediaries and their clients.
- Delivering on that commitment, we are excited about our acquisition of ATR and the people, expertise, and technology that will now be part of the broader retirement solutions offered by EdgeCo subsidiaries.
- ATR, a division of American Trust & Savings Bank, is located in the beautiful and historic bluffs of downtown Dubuque, Iowa.