Lamar Industrial Bank

Status:Inactive as of 08/24/1991
 Absorption - Without Assistance
Successor Bank:Frontier Bank
Headquarters:Lamar Industrial Bank
117 West Elm
Lamar, CO 81052
Established:11/17/1975
FDIC Insurance:10/09/1987
FDIC Cert:#90637
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$3,976,000
Total Deposits:$3,111,000

History

1975-11-17Institution established but was not FDIC insured. Original name: Lamar Mountain Industrial Bank
1977-09-01Changed name to Lamar Industrial Bank
1983-05-11Changed name to Household Lamar Industrial Bank
1987-10-09Changed name to Lamar Industrial Bank
1987-10-09Became FDIC insured.
1991-08-24Merged into and subsequently operated as part of First National Bank in Lamar (14730) in LAMAR, CO
2011-01-01Changed name to Frontier Bank (14730)
2011-01-01Changed primary regulatory agency from STATE to FEDERAL DEPOSIT INSURANCE CORPORATION
2011-01-01Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2013-10-01Acquired The Colorado State Bank of Walsh (11264) in WALSH, CO