Aredale State Bank

Status:Inactive as of 01/20/1988
 Absorption - Assisted
Successor Bank:First Security Bank and Trust Company
Headquarters:Aredale State Bank
Main Street
Aredale, IA 50605
Established:05/27/1927
FDIC Insurance:05/16/1934
FDIC Cert:#14376
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$9,647,000
Total Deposits:$9,088,000

History

1927-05-27Institution established: Original name:Aredale State Bank
1988-01-20Failed. Acquired with government financial assistance and subsequently operated as part of First Security Bank and Trust Company (1852)
2009-11-07Acquired First State Bank (8093) in NORA SPRINGS, IA
2009-11-07Acquired First State Bank (4498) in RICEVILLE, IA
2015-12-07Acquired Hampton State Bank (13722) in HAMPTON, IA