Citizens State Bank of Fulda

Status:Inactive as of 1985-02-15
 Absorption - Assisted
Successor Bank:First National Bank
Headquarters:Citizens State Bank of Fulda
Main Street
Fulda, MN 56131
Established:1908-09-08
FDIC Insurance:1934-01-01
FDIC Cert:#10997
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:1
Total Assets:$39,376,000
Total Deposits:$36,355,000

History

1908-09-08Institution established: Original name:Citizens State Bank of Fulda
1985-02-15Institution established: Original name:Fulda State Bank (25894)
1985-02-15Failed. Acquired with government financial assistance and subsequently operated as part of Fulda State Bank (25894)
1985-05-31Acquired First Trust Bank of Lakefield (5177) in LAKEFIELD, MN
1985-06-24Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1986-12-31Change trust powers from LIMITED TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1988-10-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
1988-10-01Changed name to First National Bank (25894)
1994-09-10Acquired First National Bank (5159) in HASTINGS, MN
2011-08-29Moved bank headquarters from FULDA, MN to SLAYTON, MN
2018-11-30Moved bank headquarters from SLAYTON, MN to OLDHAM, SD
2018-11-30Acquired First American State Bank (15432) in OLDHAM, SD