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

1901-11-15Institution established: Original name:Peoples State Bank of Madison Lake
2016-03-11Merged into and subsequently operated as part of Cornerstone State Bank (21525) in MONTGOMERY, MN

Financial Information (2015-12-31 and Older)