Biwabik State Bank
Status: | Inactive as of 08/26/1988 |
Absorption - Assisted | |
Successor Bank: | Americana National Bank |
Headquarters: | Biwabik State Bank Main Street Biwabik, MN 55708 |
Established: | 01/02/1953 |
FDIC Insurance: | 01/02/1953 |
FDIC Cert: | #17163 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $3,238,000 |
Total Deposits: | $3,227,000 |
History
1953-01-02 | Institution established: Original name:Biwabik State Bank | |
1988-08-26 | Failed. Acquired with government financial assistance and subsequently operated as part of The First National Bank (5174) | |
1993-09-24 | Changed name to Americana National Bank (5174) | |
1993-09-24 | Moved bank headquarters from BIWABIK, MN to CONGER, MN | |
1993-09-24 | Acquired State Bank of Conger (Incorporated) (10955) in CONGER, MN | |
1996-03-18 | Moved bank headquarters from CONGER, MN to ALBERT LEA, MN | |
2004-11-22 | Merged into and subsequently operated as part of American Bank of St. Paul (20843) in SAINT PAUL, MN | |
2005-10-24 | Acquired American State Bank of Olivia (20712) in OLIVIA, MN | |
2015-06-15 | Merged into and subsequently operated as part of Deerwood Bank (5123) in DEERWOOD, MN | |
2018-04-28 | Moved bank headquarters from SAINT PAUL, MN to WAITE PARK, MN | |
2018-04-28 | Acquired Plaza Park State Bank (12186) in WAITE PARK, MN |