Algoma Bank

Status:Inactive as of 05/31/1975
 Absorption - Assisted
Successor Bank:First State Bank of Algoma
Headquarters:Algoma Bank
205 Clark Street
Algoma, WI 54201
Established:01/01/1917
FDIC Insurance:01/15/1934
FDIC Cert:#15154
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC

History

1917-01-01Institution established: Original name:Algoma Bank
1975-05-31Failed. Acquired with government financial assistance and subsequently operated as part of (22028)
1975-06-02Institution established: Original name:First State Bank of Algoma (22028)
1975-06-02Acquired
1986-07-01Merged into and subsequently operated as part of State Bank of Kewaunee (13060) in KEWAUNEE, WI
1994-11-21Changed name to Baylake Bank - Kewaunee (13060)
1995-12-19Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
1996-01-01Changed name to Baylake Bank (13060)
1996-01-01Moved bank headquarters from KEWAUNEE, WI to STURGEON BAY, WI
1996-01-01Acquired Baylake Bank (1025) in STURGEON BAY, WI
1996-07-01Acquired The Bank (13624) in MANAWA, WI
1999-03-15Acquired Evergreen Bank, National Association (13241) in POYSIPPI, WI
2015-12-05Acquired Union State Bank (14790) in KEWAUNEE, WI
2016-04-29Merged into and subsequently operated as part of Nicolet National Bank (57038) in GREEN BAY, WI
2017-04-28Acquired The First National Bank - Fox Valley (5307) in NEENAH, WI
2019-11-08Acquired Choice Bank (58244) in OSHKOSH, WI
2020-08-21Acquired Advantage Community Bank (10375) in DORCHESTER, WI