First Iowa Bank

Status:Inactive as of 01/23/2003
 Merger - Without Assistance
Successor Bank:Ohnward Bank & Trust
Headquarters:First Iowa Bank
307 South Main Street
Monticello, IA 52310
Established:09/01/1903
FDIC Insurance:01/14/1970
FDIC Cert:#20121
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$22,469,000
Total Deposits:$20,125,000

History

1903-09-01Institution established but was not FDIC insured. Original name: Onslow Savings Bank (90119)
1970-01-14Became FDIC insured.
1970-01-14FDIC certificate number changed from (90119) to
1971-04-27Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1990-05-23Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1990-06-18Changed name to First Iowa National Bank
1991-08-05Moved bank headquarters from ONSLOW, IA to MONTICELLO, IA
1993-12-30Changed name to First Iowa Bank
1993-12-30Changed primary regulatory agency from STATE to FEDERAL DEPOSIT INSURANCE CORPORATION
2003-01-23Merged into and subsequently operated as part of Tri-County Bank & Trust Co. (10111) in CASCADE, IA
2009-10-23Changed name to Ohnward Bank & Trust (10111)
2009-10-23Acquired United Security Savings Bank, F.S.B. (32624) in CEDAR RAPIDS, IA

Financial Information (2002-12-31 and Older)