Scandia American Bank & Trust

Status:Inactive as of 10/28/2011
 Merger - Without Assistance
Successor Bank:Bravera Bank
Headquarters:Scandia American Bank & Trust
First And Main Streets
Stanley, ND 58784
Established:01/01/1910
FDIC Insurance:01/01/1934
FDIC Cert:#8639
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$196,427,000
Total Deposits:$176,592,000

History

1910-01-01Institution established: Original name:Scandia American Bank
1996-06-05Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1998-07-09Changed name to Scandia American Bank & Trust
2010-01-08Acquired CountryBank USA (19765) in CANDO, ND
2011-10-28Merged into and subsequently operated as part of American Bank Center (22559) in DICKINSON, ND
2013-10-04Acquired Community First Bank of Glendive (22974) in GLENDIVE, MT
2015-04-18Acquired North Country Bank (3947) in MCCLUSKY, ND
2019-10-18Acquired Prairie Mountain Bank (57453) in GREAT FALLS, MT
2020-10-12Acquired Beartooth Bank (58199) in BILLINGS, MT
2021-01-11Moved bank headquarters from 140 1ST AVENUE WEST, DICKINSON, ND to 220 1st Ave W, Dickinson, ND.
2021-10-29Changed name to Bravera Bank.
2021-11-15Acquired The Citizens State Bank of FinleyBravera Bank (16187) in FINLEY, ND.

Financial Information (2011-09-30 and Older)