Citizens State Bank of Waterville

Status:Inactive as of 09/11/2006
 Merger - Without Assistance
Successor Bank:Valley Bank
Headquarters:Citizens State Bank of Waterville
320 East Main Street
Waterville, MN 56096
Established:06/04/1904
FDIC Insurance:12/14/1942
FDIC Cert:#15918
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$22,415,000
Total Deposits:$20,200,000

History

1904-06-04Institution established: Original name:Citizens State Bank of Waterville
2006-09-11Merged into and subsequently operated as part of Valley Bank (18845) in WATERVILLE, MN
2006-09-11Acquired Rural American Bank - Hector/Fairfax (10562) in HECTOR, MN
2009-07-27Acquired Valley Bank Minnesota (33311) in JORDAN, MN
2010-05-17Merged into and subsequently operated as part of Frandsen Bank & Trust (1399) in LONSDALE, MN
2011-03-21Acquired Rural American Bank - Braham (5099) in BRAHAM, MN
2011-03-21Acquired Rural American Bank - Luck (9525) in LUCK, WI
2011-08-22Acquired Queen City Federal Savings Bank (31204) in VIRGINIA, MN
2012-03-17Acquired State Bank of Bird Island (8184) in BIRD ISLAND, MN
2013-10-21Acquired Clinton State Bank (1099) in CLINTON, MN
2015-04-01Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2015-04-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2016-10-22Acquired Provincial Bank (34443) in LAKEVILLE, MN
2020-10-17Acquired Peoples Bank Midwest (5347) in HAYWARD, WI

Financial Information (2006-06-30 and Older)