Great Western Bank

Status:Inactive as of 2022-02-01
 Absorption - Without Assistance
Successor Bank:First Interstate Bank
Headquarters:Great Western Bank
225 S. Main Ave.
Sioux Falls, SD 57104
Established:1935-08-05
FDIC Insurance:1935-10-11
FDIC Cert:#15289
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:176
Total Assets:$13,339,325,000
Total Deposits:$11,788,092,000

History

1935-08-05Institution established: Original name:Farmers and Merchants Bank of Watertown
1967-03-07Changed name to Farmers and Merchants Bank and Trust of Watertown
1978-12-19Acquired First Security Bank (6073) in MORRISTOWN, SD
1996-06-03Acquired American Federal Bank, A Federal Savings Bank (29242) in MADISON, SD
1996-06-03Changed name to F&M Bank
1998-03-27Acquired First Savings and Loan Association of South Dakota, Inc. (32161) in ABERDEEN, SD
2001-03-30Acquired Founders Trust National Bank (34109) in SIOUX FALLS, SD
2002-03-01Acquired First Western Bank, National Association (5378) in ATKINSON, NE
2002-03-01Acquired Marquette Bank Nebraska, National Association (5458) in O'NEILL, NE
2003-03-03Changed name to Great Western Bank
2003-05-30Acquired Great Western Bank (25259) in RAPID CITY, SD
2006-02-04Acquired Security Bank, Madison, South Dakota (16220) in MADISON, SD
2007-01-12Acquired Great Western Bank (8327) in OMAHA, NE
2007-01-12Acquired Great Western Bank (35516) in CLIVE, IA
2007-05-11Acquired Sunstate Bank (25333) in CASA GRANDE, AZ
2009-05-29Acquired International Bank (57223) in GREELEY, CO
2010-04-23Acquired F&M Bank-Iowa Central (10904) in MARSHALLTOWN, IA
2010-06-04Acquired TierOne Bank (29341) in LINCOLN, NE as part of a government assisted transaction.
2012-06-22Acquired First Federal Savings Bank of Iowa (30742) in FORT DODGE, IA
2016-05-16Acquired Home Federal Bank (28092) in SIOUX FALLS, SD
2017-07-05Moved bank headquarters from WATERTOWN, SD to SIOUX FALLS, SD

Financial Information (2021-12-31 and Older)