Farmers & Merchants Savings Bank
Status: | Inactive as of 2019-08-16 |
Merger - Without Assistance | |
Successor Bank: | First National Bank |
Headquarters: | Farmers & Merchants Savings Bank 101 E Main Street Manchester, IA 52057 |
Established: | 1925-07-20 |
FDIC Insurance: | 1934-01-01 |
FDIC Cert: | #9298 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
# of Branches: | 11 |
Total Assets: | $627,974,000 |
Total Deposits: | $537,289,000 |
History
1925-07-20 | Institution established: Original name:Farmers & Merchants Savings Bank | |
1944-11-18 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
1944-11-18 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2000-10-12 | Reorganized. | |
2010-12-18 | Acquired Community National Bank (23306) in LINO LAKES, MN as part of a government assisted transaction. | |
2015-01-01 | Acquired Security Savings Bank (5795) in EAGLE GROVE, IA | |
2019-08-16 | Merged into and subsequently operated as part of First National Bank (4519) in WAVERLY, IA |