▁corner ▁in ▁Grand ▁M ound , ▁Cl inton ▁and ▁Smith ▁Stre ets . ▁ ▁The ▁Lincoln ▁Highway ▁entered ▁Grand ▁M ound ▁from ▁the ▁east ▁along ▁Cl inton ▁Street ▁and ▁turned ▁left ▁at ▁the ▁bank ▁onto ▁Smith ▁Street . ▁ ▁Grand ▁M ound ▁was ▁established ▁by ▁the ▁Chicago , ▁Iowa ▁and ▁Neb r aska ▁Rail road ▁in ▁ 1 8 5 8 ▁to ▁provide ▁transport ation ▁facilities ▁and ▁other ▁services ▁that ▁were ▁directed ▁toward ▁the ▁region ' s ▁agricult ural ▁economy . ▁ ▁In ▁the ▁late ▁ 1 9 th ▁and ▁early ▁ 2 0 th ▁century ▁agricult ural ▁production ▁increased ▁and ▁with ▁it ▁prosper ity ▁for ▁the ▁local ▁community . ▁ ▁The ▁agricult ural ▁economy ▁began ▁to ▁tr end ▁down ward ▁in ▁the ▁early ▁ 1 9 2 0 s ▁when ▁the ▁bank ▁was ▁built . ▁ ▁It ▁went ▁into ▁receiver ship ▁in ▁ 1 9 2 6 ▁and ▁was ▁sold ▁to ▁Union ▁Sav ings ▁Bank ▁of ▁Grand ▁M ound ▁the ▁same ▁year . ▁ ▁In ▁time ▁it ▁became ▁one ▁of ▁several ▁small ▁banks ▁owned ▁by ▁First ▁Trust ▁and ▁Sav ings ▁Bank ▁of ▁Whe at land , ▁Iowa . ▁ ▁Architecture ▁The ▁L yt le ▁Company ▁was ▁a ▁building ▁contract ing ▁company ▁that ▁had ▁an ▁architect ural ▁practice ▁as ▁part ▁of ▁its ▁business . ▁ ▁The ▁actual ▁architect ▁of ▁this ▁building ▁is ▁unknown , ▁however , ▁the ▁L yt le ▁Company ▁had ▁designed ▁several ▁other ▁banks ▁across ▁Iowa ▁and ▁into ▁South ▁Dak ota . ▁The ▁building ▁in ▁Grand ▁M ound ▁comb ines ▁both