American Bank & Trust

 Participated in Absorption/Consolidation/Merger
Headquarters:American Bank & Trust
120 East Main Street
Wessington Springs, SD 57382
FDIC Insurance:1934-01-01
FDIC Cert:#1117
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:13
Total Assets:$1,067,615,000
Total Deposits:$892,301,000


1892-01-01Institution established: Original name:Bank of Alpena
1941-06-06Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
1941-06-06Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
1964-05-02Moved bank headquarters from ALPENA, SD to WESSINGTON SPRINGS, SD
1964-05-02Changed name to American State Bank
1994-01-18Acquired Farmers State Bank of Mellette (12646) in MELLETTE, SD
2000-06-01Acquired Hand County State Bank (1128) in MILLER, SD
2002-04-01Changed name to American Bank & Trust
2002-04-12Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2011-10-03Acquired Peoples State Bank (9002) in DE SMET, SD
2012-12-07Acquired Mansfield State Bank (11136) in MANSFIELD, SD
2014-05-17Acquired American State Bank of Pierre (22554) in PIERRE, SD
2018-07-01Acquired Farmers State Bank (6080) in STICKNEY, SD

Financial Information (2020-06-30 and Older)