Security State Bank of Maple Lake

Status:Inactive as of 03/07/2008
 Merger - Without Assistance
Successor Bank:First Bank Elk River
Headquarters:Security State Bank of Maple Lake
100 State Highway 55 East
Maple Lake, MN 55358
Established:01/01/1907
FDIC Insurance:01/01/1934
FDIC Cert:#1924
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$79,929,000
Total Deposits:$59,252,000

History

1907-01-01Institution established: Original name:Security State Bank of Maple Lake (Incorporated)
1994-05-19Changed name to Security State Bank of Maple Lake
2008-03-07Merged into and subsequently operated as part of The First National Bank of Elk River (5136) in ELK RIVER, MN
2011-06-02Moved bank headquarters from ELK RIVER, MN to MAPLE LAKE, MN
2012-07-20Moved bank headquarters from MAPLE LAKE, MN to ELK RIVER, MN
2019-11-21Changed name to First Bank Elk River (5136)
2019-11-21Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS

Financial Information (2007-12-31 and Older)