American State Bank of Olivia

Status:Inactive as of 2005-10-24
 Merger - Without Assistance
Successor Bank:American Bank of St. Paul
Headquarters:American State Bank of Olivia
815 East Depue Avenue
Olivia, MN 56277
Established:1972-06-12
FDIC Insurance:1972-06-12
FDIC Cert:#20712
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
# of Branches:2
Total Assets:$75,564,000
Total Deposits:$61,124,000

History

1972-06-12Institution established: Original name:American State Bank of Olivia
1992-10-31Acquired O'Connor Bros. State Bank of Renville (1385) in RENVILLE, MN
2002-08-20Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2002-08-20Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2005-10-24Merged into and subsequently operated as part of American Bank of St. Paul (20843) in SAINT PAUL, MN
2015-06-15Merged into and subsequently operated as part of Deerwood Bank (5123) in DEERWOOD, MN
2018-04-28Acquired Plaza Park State Bank (12186) in WAITE PARK, MN
2018-04-28Moved bank headquarters from SAINT PAUL, MN to WAITE PARK, MN

Financial Information (2005-09-30 and Older)