Commercial State Bank
Status: | Inactive as of 03/08/1985 |
Absorption - Assisted | |
Successor Bank: | Citizens Savings Bank |
Headquarters: | Commercial State Bank 100 East Railroad Street Afton, IA 50830 |
Established: | 05/21/1927 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #949 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $16,260,000 |
Total Deposits: | $15,561,000 |
History
1927-05-21 | Institution established: Original name:Commercial State Bank | |
1985-03-08 | Failed. Acquired with government financial assistance and subsequently operated as part of Citizens Savings Bank (25921) | |
1985-03-08 | Institution established: Original name:Citizens Savings Bank (25921) | |
1987-10-01 | Merged into and subsequently operated as part of The First National Bank in Creston (4444) in CRESTON, IA | |
2020-04-18 | Acquired Century Bank (14051) in SHENANDOAH, IA |