F & M Bank Minnesota
Status: | Inactive as of 06/25/2021 |
Merger - Without Assistance | |
Successor Bank: | FM Bank |
Headquarters: | F & M Bank Minnesota 940 10th Ave Clarkfield, MN 56223 |
Established: | 01/28/1919 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #10184 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $156,998,000 |
Total Deposits: | $137,387,000 |
History
1919-01-28 | Institution established: Original name:Farmers and Merchants State Bank of Clarkfield, Incorporated | |
1996-12-31 | Changed name to Farmers & Merchants State Bank of Clarkfield | |
1996-12-31 | Reorganized. | |
2010-10-01 | Changed name to F & M Bank Minnesota | |
2014-02-07 | Moved bank headquarters from CLARKFIELD, MN to OLIVIA, MN | |
2014-02-07 | Acquired The Citizens State Bank of Olivia (15375) in OLIVIA, MN | |
2021-06-25 | Merged into and subsequently operated as part of FM Bank (10998) | |
2023-03-24 | Acquired State Bank of WheatonFM Bank (8827) in WHEATON, MN. | |
2023-09-26 | Moved bank headquarters from 702 Prentice St, GRANITE FALLS, MN to 220 Elm Ave E, WASECA, MN. | |
2023-10-26 | Changed Bank Class to NM. | |
2023-10-26 | Institution withdraws from membership in the Federal Reserve System. |