Mountain Iron First State Bank

Status:Inactive as of 04/01/2002
 Merger - Without Assistance
Successor Bank:American Bank of the North
Headquarters:Mountain Iron First State Bank
8401 8th Street South
Mountain Iron, MN 55768
Established:11/11/1916
FDIC Insurance:01/01/1934
FDIC Cert:#1928
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$80,684,000
Total Deposits:$70,255,000

History

1916-11-11Institution established: Original name:Mountain Iron First State Bank
2002-04-01Acquired Mountain Iron First State Bank in MOUNTAIN IRON, MN
2002-04-01Merged into and subsequently operated as part of American Bank of the North (5216) in NASHWAUK, MN
2002-04-01Changed name to American Bank of the North (5216)
2002-04-01Acquired American Bank of the North (10954) in GRAND RAPIDS, MN
2021-05-22Merged into and subsequently operated as part of Park State Bank (8851)

Financial Information (2001-12-31 and Older)