Peoples State Bank of Madison Lake
Status: | Inactive as of 03/11/2016 |
Absorption - Without Assistance | |
Successor Bank: | Cornerstone State Bank |
Headquarters: | Peoples State Bank of Madison Lake 500 Main Street Madison Lake, MN 56063 |
Established: | 11/15/1901 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #1923 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $24,663,000 |
Total Deposits: | $22,627,000 |
History
1901-11-15 | Institution established: Original name:Peoples State Bank of Madison Lake | |
2016-03-11 | Merged into and subsequently operated as part of Cornerstone State Bank (21525) in MONTGOMERY, MN |