Pine Island Bank
Status: | Inactive as of 09/17/2022 |
Merger - Without Assistance | |
Successor Bank: | Frandsen Bank & Trust |
Headquarters: | Pine Island Bank 128 S Main St Pine Island, MN 55963 |
Established: | 07/27/1931 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #12193 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $156,508,000 |
Total Deposits: | $129,339,000 |
History
1931-07-27 | Institution established: Original name:The Security State Bank of Pine Island | |
2003-05-09 | Changed name to Pine Island Bank | |
2022-09-17 | Merged into and subsequently operated as part of Frandsen Bank & Trust (1399) |