Jeff Rose will retire from Davenport, Iowa-based American Bank & Trust at the end of this month. Chuck Sorensen will assume the position. .Sorensen has more than 20 years of experience at American Bank & Trust, most recently as chief operating officer and president of private banking. Rose has spent nine years at the bank, and more than 40 in the financial services sector. Rose led the bank as it grew to more than $500 million in assets and expanded in the Quad Cities region. “American Bank has experienced significant loan and asset growth under Jeff’s leadership,” said Board Chair John Timmer. “Jeff has been immersed in our communities, enhanced our brand and fortified our standing in the industry.”
Jeff Rose will retire from Davenport, Iowa-based American Bank & Trust at the end of this month. Chuck Sorensen will assume the position. .Sorensen has more than 20 years of experience at American Bank & Trust, most recently as chief operating officer and president of private banking. Rose has spent nine years at the bank, and more than 40 in the financial services sector. Rose led the bank as it grew to more than $500 million in assets and expanded in the Quad Cities region. “American Bank has experienced significant loan and asset growth under Jeff’s leadership,” said Board Chair John Timmer. “Jeff has been immersed in our communities, enhanced our brand and fortified our standing in the industry.”