American Federal Bank, A Federal Savings Bank

Status:Inactive as of 06/03/1996
 Merger - Without Assistance
Successor Bank:Great Western Bank
Headquarters:American Federal Bank, A Federal Savings Bank
Egan Avenue At Second Street
Madison, SD 57042
Established:01/01/1888
FDIC Insurance:08/09/1989
FDIC Cert:#29242
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$53,407,000
Total Deposits:$46,019,000

History

1888-01-01Institution established: Original name:American Federal Savings and Loan Association of Madison
1989-06-20Changed organization type to STOCK SAVINGS BANK
1989-06-20Changed name to American Federal Bank, A Federal Savings Bank
1996-06-03Changed name to F&M Bank (15289)
1996-06-03Merged into and subsequently operated as part of F&M Bank (15289) in WATERTOWN, SD
1998-03-27Acquired First Savings and Loan Association of South Dakota, Inc. (32161) in ABERDEEN, SD
2001-03-30Acquired Founders Trust National Bank (34109) in SIOUX FALLS, SD
2002-03-01Acquired Marquette Bank Nebraska, National Association (5458) in O'NEILL, NE
2002-03-01Acquired First Western Bank, National Association (5378) in ATKINSON, NE
2003-03-03Changed name to Great Western Bank (15289)
2003-05-30Acquired Great Western Bank (25259) in RAPID CITY, SD
2006-02-04Acquired Security Bank, Madison, South Dakota (16220) in MADISON, SD
2007-01-12Acquired Great Western Bank (8327) in OMAHA, NE
2007-01-12Acquired Great Western Bank (35516) in CLIVE, IA
2007-05-11Acquired Sunstate Bank (25333) in CASA GRANDE, AZ
2009-05-29Acquired International Bank (57223) in GREELEY, CO
2010-04-23Acquired F&M Bank-Iowa Central (10904) in MARSHALLTOWN, IA
2010-06-04Acquired TierOne Bank (29341) in LINCOLN, NE as part of a government assisted transaction.
2012-06-22Acquired First Federal Savings Bank of Iowa (30742) in FORT DODGE, IA
2016-05-16Acquired Home Federal Bank (28092) in SIOUX FALLS, SD
2017-07-05Moved bank headquarters from WATERTOWN, SD to SIOUX FALLS, SD

Financial Information (1995-12-31 and Older)