Melvin Savings Bank

Status:Inactive as of 07/01/2021
 Merger - Without Assistance
Successor Bank:Iowa State Bank
Headquarters:Melvin Savings Bank
260 Main Street
Melvin, IA 51350
Established:01/01/1912
FDIC Insurance:01/01/1934
FDIC Cert:#256
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$93,662,000
Total Deposits:$86,820,000

History

1912-01-01Institution established: Original name:Melvin Savings Bank
2021-07-01Merged into and subsequently operated as part of Iowa State Bank (13953)
2021-12-04Acquired Iowa Prairie BankIowa State Bank (17347) in BRUNSVILLE, IA.

Financial Information (2021-06-30 and Older)