Bank of Lyle

Status:Inactive as of 04/09/1990
 Merger - Without Assistance
Successor Bank:Sterling State Bank
Headquarters:Bank of Lyle
403 Main Street
Lyle, MN 55953
Established:02/20/1989
FDIC Insurance:02/20/1989
FDIC Cert:#27497
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$5,307,000
Total Deposits:$4,796,000

History

1989-02-20Acquired Farmer's State Bank of Lyle (1922) in LYLE, MN
1989-02-20Institution established: Original name:Bank of Lyle
1990-04-09Merged into and subsequently operated as part of Sterling State Bank, Austin, Minnesota (17863) in AUSTIN, MN
1991-12-06Acquired London State Bank (10565) in LONDON, MN
2001-01-19Changed name to Sterling State Bank (17863)