State Bank of Clarks Grove
Status: | Inactive as of 03/31/2014 |
Absorption - Without Assistance | |
Successor Bank: | Produce State Bank |
Headquarters: | State Bank of Clarks Grove 2401 Bridge Avenue Albert Lea, MN 56007 |
Established: | 08/21/1903 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #8829 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $27,908,000 |
Total Deposits: | $25,230,000 |
History
1903-08-21 | Institution established: Original name:State Bank of Clarks Grove | |
2010-07-16 | Moved bank headquarters from CLARKS GROVE, MN to ALBERT LEA, MN | |
2014-03-31 | Merged into and subsequently operated as part of Produce State Bank (10178) in HOLLANDALE, MN | |
2020-01-15 | Acquired Citizens State Bank of Glenville (1918) in GLENVILLE, MN |