Ackley State Bank

Status:Inactive as of 01/01/2016
 Merger - Without Assistance
Successor Bank:GNB Bank
Headquarters:Ackley State Bank
650 Main Street
Ackley, IA 50601
Established:01/01/1934
FDIC Insurance:12/18/1934
FDIC Cert:#14936
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$147,371,000
Total Deposits:$108,111,000

History

1934-01-01Institution established: Original name:Ackley State Bank
1934-11-09Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANDFATHERED
2011-11-03Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2011-11-03Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2016-01-01Merged into and subsequently operated as part of GNB Bank (14079) in GRUNDY CENTER, IA

Financial Information (2015-12-31 and Older)