First National Bank of Montgomery

Status:Inactive as of 08/18/2008
 Merger - Without Assistance
Successor Bank:Frandsen Bank & Trust
Headquarters:First National Bank of Montgomery
125 First Street South
Montgomery, MN 56069
Established:02/26/1963
FDIC Insurance:02/26/1963
FDIC Cert:#18705
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$65,740,000
Total Deposits:$48,899,000

History

1963-02-26Institution established: Original name:First National Bank of Montgomery
2008-08-18Merged into and subsequently operated as part of Frandsen Bank & Trust (1399) in LONSDALE, MN
2009-10-19Acquired Northern National Bank (34592) in NISSWA, MN
2009-10-19Acquired Community Bank of the Red River Valley (19180) in EAST GRAND FORKS, MN
2010-05-17Acquired Valley Bank (18845) in WATERVILLE, MN
2011-03-21Acquired Rural American Bank - Braham (5099) in BRAHAM, MN
2011-03-21Acquired Rural American Bank - Luck (9525) in LUCK, WI
2011-08-22Acquired Queen City Federal Savings Bank (31204) in VIRGINIA, MN
2012-03-17Acquired State Bank of Bird Island (8184) in BIRD ISLAND, MN
2013-10-21Acquired Clinton State Bank (1099) in CLINTON, MN
2015-04-01Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2015-04-01Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD
2016-10-22Acquired Provincial Bank (34443) in LAKEVILLE, MN
2020-10-17Acquired Peoples Bank Midwest (5347) in HAYWARD, WI

Financial Information (2008-06-30 and Older)