Farmer's State Bank of Lyle

Status:Inactive as of 02/20/1989
 Absorption - Without Assistance
Participated in Reorganization
Change in Location
Successor Bank:Bank of Lyle
Headquarters:Farmer's State Bank of Lyle
403 Main Street
Lyle, MN 55953
Established:04/15/1915
FDIC Insurance:01/01/1934
FDIC Cert:#1922
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$5,074,000
Total Deposits:$4,923,000

History

1915-04-15Institution established: Original name:Farmer's State Bank of Lyle
1989-02-20Reorganized.
1989-02-20Merged into and subsequently operated as part of Bank of Lyle (27497) in LYLE, MN
1989-02-20Institution established: Original name:Bank of Lyle (27497)
1990-04-09Merged into and subsequently operated as part of Sterling State Bank, Austin, Minnesota (17863) in AUSTIN, MN
1991-12-06Acquired London State Bank (10565) in LONDON, MN
2001-01-19Changed name to Sterling State Bank (17863)