Wells Federal Bank
| Status: | Inactive as of 08/19/2017 |
| Absorption - Without Assistance | |
| Successor Bank: | Citizens Community Federal |
| Headquarters: | Wells Federal Bank 53 First Streeet, S.W. Wells, MN 56097 |
| Established: | 09/01/1934 |
| FDIC Insurance: | 11/17/1934 |
| FDIC Cert: | #29141 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $266,528,000 |
| Total Deposits: | $239,863,000 |
History
| 1934-09-01 | Institution established: Original name:Wells Federal Savings and Loan Association | |
| 1991-04-16 | Changed organization type to MUTUAL SAVINGS BANK | |
| 1991-04-16 | Changed name to Wells Federal Bank, a Federal Savings Bank | |
| 1995-04-11 | Changed organization type to STOCK SAVINGS & LOAN | |
| 1995-04-11 | Changed name to Wells Federal Bank, FSB | |
| 2011-07-21 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY | |
| 2012-05-22 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
| 2012-05-22 | Changed name to Wells Federal Bank | |
| 2012-05-22 | Changed organization type to COMMERCIAL BANK | |
| 2012-05-22 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION | |
| 2015-07-17 | Acquired St James Federal Savings and Loan Association (31071) in SAINT JAMES, MN | |
| 2017-08-19 | Merged into and subsequently operated as part of Citizens Community Federal National Association (57265) in ALTOONA, WI | |
| 2018-10-19 | Acquired United Bank (14629) in OSSEO, WI | |
| 2019-07-01 | Acquired Farmers & Merchants Bank (13046) in TOMAH, WI |