The Citizens State Bank of Olivia

Status:Inactive as of 02/07/2014
 Merger - Without Assistance
Successor Bank:F & M Bank Minnesota
Headquarters:The Citizens State Bank of Olivia
111 South 10th Street
Olivia, MN 56277
Established:06/06/1927
FDIC Insurance:04/18/1936
FDIC Cert:#15375
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$25,392,000
Total Deposits:$23,593,000

History

1927-06-06Institution established: Original name:The Citizens State Bank of Olivia
2014-02-07Merged into and subsequently operated as part of F & M Bank Minnesota (10184) in OLIVIA, MN
2021-06-25Merged into and subsequently operated as part of FM Bank (10998)
2023-03-24Acquired State Bank of WheatonFM Bank (8827) in WHEATON, MN.
2023-09-26Moved bank headquarters from 702 Prentice St, GRANITE FALLS, MN to 220 Elm Ave E, WASECA, MN.
2023-10-26Changed Bank Class to NM.
2023-10-26Institution withdraws from membership in the Federal Reserve System.

Financial Information (2013-12-31 and Older)