(Radio Iowa) – Over three dozen people are being laid off from a Dubuque bank that was recently acquired by a bank based in Kansas City, Missouri. U-M-B Financial Corporation purchased the Dubuque bank early this year. Thirty-eight employees were notified yesterday (Wednesday) that they’d be laid off November 1st.

With the purchase of Heartland Financial Services — which had operated Dubuque Bank and Trust — the Kansas City bank now operates in 13 states.