Citizens State Bank of Ray
Status: | Inactive as of 10/15/1987 |
Absorption - Assisted | |
Successor Bank: | First State Bank & Trust |
Headquarters: | Citizens State Bank of Ray Mini Mall, Main Street Ray, ND 58849 |
Established: | 01/01/1906 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #10252 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $11,720,000 |
Total Deposits: | $11,332,000 |
History
1906-01-01 | Institution established: Original name:Citizens State Bank of Ray | |
1987-10-15 | Failed. Acquired with government financial assistance and subsequently operated as part of First National Bank & Trust Co. of Williston (14801) | |
1988-01-21 | Acquired Williston Basin State Bank (23042) in WILLISTON, ND | |
1990-09-13 | Acquired First National Bank of Crosby (22505) in CROSBY, ND | |
1991-01-31 | Reorganized. | |
2020-01-01 | Changed name to First State Bank & Trust (14801) | |
2020-01-01 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS |