Anchor Savings and Loan Association

Status:Inactive as of 09/30/1990
 Merger - Without Assistance
Successor Bank:Citizens Financial Bank
Headquarters:Anchor Savings and Loan Association
714 Lincolnway
La Porte, IN 46350
Established:01/01/1923
FDIC Insurance:08/09/1989
FDIC Cert:#30340
Charter Class:
Total Assets:$9,272,000
Total Deposits:$8,126,000

History

1923-01-01Institution established: Original name:Anchor Savings and Loan Association
1990-09-30Merged into and subsequently operated as part of Citizens Federal Savings and Loan Association (29367) in HAMMOND, IN
1994-08-01Changed organization type to MUTUAL SAVINGS BANK
1994-08-01Changed name to Citizens Financial Services, FSB (29367)
1994-08-01Moved bank headquarters from HAMMOND, IN to MUNSTER, IN
1996-04-16Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1998-07-24Acquired Suburban Federal Savings, a Federal Savings Bank (27988) in FLOSSMOOR, IL
1998-07-24Changed name to Citizens Financial Services, F.S.B. (29367)
1998-07-24Changed organization type to STOCK SAVINGS BANK
2005-09-12Changed name to Citizens Financial Bank (29367)
2006-10-23Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2013-11-13Merged into and subsequently operated as part of First Merchants Bank National Association (4365) in MUNCIE, IN
2014-11-08Acquired Community Bank (13147) in NOBLESVILLE, IN
2015-04-17Acquired Cooper State Bank (58041) in DUBLIN, OH
2015-12-31Acquired Ameriana Bank (29031) in NEW CASTLE, IN
2016-04-15Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2016-04-15Changed name to First Merchants Bank (4365)
2016-04-15Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2017-05-19Acquired The Arlington Bank (34977) in UPPER ARLINGTON, OH
2017-07-14Acquired IAB Financial Bank (16400) in FORT WAYNE, IN
2019-09-01Acquired Monroe Bank & Trust (12181) in MONROE, MI