Farmers State Bank of Madelia, Incorporated

Status:Inactive as of 12/07/2013
 Absorption - Without Assistance
Successor Bank:Pioneer Bank
Headquarters:Farmers State Bank of Madelia, Incorporated
34 Main Street
Madelia, MN 56062
Established:07/25/1916
FDIC Insurance:01/01/1934
FDIC Cert:#10566
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$61,771,000
Total Deposits:$52,769,000

History

1916-07-25Institution established: Original name:Farmers State Bank of Madelia, Incorporated
2002-08-23Acquired Merchants State Bank of Lewisville (8189) in LEWISVILLE, MN
2013-12-07Merged into and subsequently operated as part of Pioneer Bank (5193) in MAPLETON, MN
2019-08-24Acquired The Nicollet County Bank of Saint Peter (9757) in SAINT PETER, MN

Financial Information (2013-09-30 and Older)