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