Osceola State Bank & Trust Co.

Status:Inactive as of 04/23/1987
 Absorption - Assisted
Successor Bank:American State Bank
Headquarters:Osceola State Bank & Trust Co.
1000 West Mclane Street
Osceola, IA 50213
Established:11/24/1970
FDIC Insurance:11/24/1970
FDIC Cert:#20304
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$8,590,000
Total Deposits:$7,693,000

History

1970-11-24Institution established: Original name:Osceola State Bank & Trust Co.
1987-04-23Institution established: Original name:American State Bank (26944)
1987-04-23Failed. Acquired with government financial assistance and subsequently operated as part of American State Bank (26944)
2005-03-02Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2005-03-02Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD