Graettinger State Bank

Status:Inactive as of 1986-08-07
 Absorption - Assisted
Successor Bank:Bank Plus
Headquarters:Graettinger State Bank
117-123 Robins Avenue
Graettinger, IA 51342
Established:1934-03-24
FDIC Insurance:1961-04-27
FDIC Cert:#18377
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:1
Total Assets:$11,828,000
Total Deposits:$11,459,000

History

1934-03-24Institution established: Original name:Graettinger State Bank
1986-08-07Failed. Acquired with government financial assistance and subsequently operated as part of Swea City State Bank (16547)
1989-12-30Moved bank headquarters from GRAETTINGER, IA to SWEA CITY, IA
1997-01-01Changed name to Bank Plus (16547)
1997-01-15Moved bank headquarters from SWEA CITY, IA to ESTHERVILLE, IA
2012-11-30Acquired State Bank of Ledyard (14411) in LEDYARD, IA