Exchange State Bank

Status:Inactive as of 01/14/2019
 Merger - Without Assistance
Successor Bank:Security Savings Bank
Headquarters:Exchange State Bank
310 Gabrielson Rd
Luverne, MN 56156
Established:01/01/1900
FDIC Insurance:01/01/1934
FDIC Cert:#8212
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$226,181,000
Total Deposits:$188,259,000

History

1900-01-01Institution established: Original name:Exchange State Bank of Hills
2004-04-30Changed name to Exchange State Bank
2004-04-30Acquired Ellsworth State Bank (10199) in ELLSWORTH, MN
2007-10-01Acquired Hardwick State Bank (10575) in HARDWICK, MN
2008-09-08Moved bank headquarters from HILLS, MN to LUVERNE, MN
2019-01-14Merged into and subsequently operated as part of Security Savings Bank (15734) in CANTON, SD

Financial Information (2018-12-31 and Older)