Hedrick Savings Bank

Status:Inactive as of 12/17/2011
 Merger - Without Assistance
Successor Bank:South Ottumwa Savings Bank
Headquarters:Hedrick Savings Bank
216 S Market St
Ottumwa, IA 52501
Established:01/01/1934
FDIC Insurance:01/10/1935
FDIC Cert:#14973
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$66,263,000
Total Deposits:$52,443,000

History

1934-01-01Institution established: Original name:Hedrick Savings Bank
1995-07-13Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
1997-03-10Moved bank headquarters from HEDRICK, IA to OTTUMWA, IA
2011-12-17Merged into and subsequently operated as part of South Ottumwa Savings Bank (9099) in OTTUMWA, IA
2015-06-30Acquired West Liberty State Bank (14573) in WEST LIBERTY, IA
2020-01-31Acquired Peoples State Bank (26911) in ALBIA, IA

Financial Information (2011-09-30 and Older)