Farmers State Bank of Watkins

Status:Inactive as of 04/16/2020
 Absorption - Without Assistance
Successor Bank:Citizens Bank Minnesota
Headquarters:Farmers State Bank of Watkins
170 Meeker Ave N
Watkins, MN 55389
Established:10/12/1914
FDIC Insurance:01/01/1934
FDIC Cert:#8864
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$44,969,000
Total Deposits:$39,140,000

History

1914-10-12Institution established: Original name:Farmers State Bank of Watkins
2020-04-16Merged into and subsequently operated as part of Citizens Bank Minnesota (8200) in New Ulm, MN
2021-01-22Acquired Ormsby State BankCitizens Bank Minnesota (1388) in ORMSBY, MN.

Financial Information (2020-03-31 and Older)