Gamaliel Bank

Status:Inactive as of 04/20/1984
 Absorption - Assisted
Successor Bank:South Central Bank of Monroe County
Headquarters:Gamaliel Bank
Main Street
Gamaliel, KY 42140
Established:08/28/1903
FDIC Insurance:01/01/1934
FDIC Cert:#9312
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$22,773,000
Total Deposits:$21,509,000

History

1903-08-28Institution established: Original name:Gamaliel Bank
1984-04-20Failed. Acquired with government financial assistance and subsequently operated as part of Deposit Bank of Monroe County (8133)
2003-05-01Changed name to South Central Bank of Monroe County (8133)
2003-05-01Moved bank headquarters from GAMALIEL, KY to TOMPKINSVILLE, KY
2015-01-01Acquired South Central Bank of Hardin County, Inc. (33977) in ELIZABETHTOWN, KY
2015-01-01Acquired South Central Bank of Monroe County (8133) in TOMPKINSVILLE, KY
2015-01-01Acquired South Central Bank of Daviess County, Inc. (33963) in OWENSBORO, KY
2015-01-01Acquired South Central Bank of Bowling Green, Inc. (27485) in BOWLING GREEN, KY
2015-01-01Merged into and subsequently operated as part of South Central Bank, Inc. (5854) in GLASGOW, KY
2017-02-10Acquired Kentucky Neighborhood Bank (34572) in ELIZABETHTOWN, KY