Inwood State Bank

Status:Inactive as of 02/19/1985
 Absorption - Assisted
Successor Bank:Security Savings Bank
Headquarters:Inwood State Bank
402 South Main Street
Inwood, IA 51240
Established:04/02/1945
FDIC Insurance:04/02/1945
FDIC Cert:#16248
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$8,147,000
Total Deposits:$7,648,000

History

1945-04-02Institution established: Original name:Inwood State Bank
1985-02-19Moved bank headquarters from INWOOD, IA to LARCHWOOD, IA
1985-02-19Failed. Acquired with government financial assistance and subsequently operated as part of Security Savings Bank (15734)
2007-04-16Acquired George State Bank (14842) in GEORGE, IA
2014-01-01Moved bank headquarters from LARCHWOOD, IA to CANTON, SD
2014-01-01Reorganized.
2019-01-14Acquired Exchange State Bank (8212) in LUVERNE, MN