State Bank of Boyd

Status:Inactive as of 10/24/1984
 Absorption - Assisted
Successor Bank:United Prairie Bank - Madison
Headquarters:State Bank of Boyd
Main Street
Boyd, MN 56218
Established:11/21/1942
FDIC Insurance:11/18/1947
FDIC Cert:#16646
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$7,117,000
Total Deposits:$6,221,000

History

1942-11-21Institution established: Original name:State Bank of Boyd
1984-10-24Failed. Acquired with government financial assistance and subsequently operated as part of State Bank of Madison (10580)
1984-12-27Changed name to Lac Qui Parle Bank (10580)
1990-05-01Changed name to First Security Bank - Madison (10580)
1996-12-02Changed name to United Prairie Bank - Madison (10580)
2006-06-10Acquired United Prairie Bank-Jackson (9350) in JACKSON, MN
2006-06-10Acquired United Prairie Bank - Madison (10580) in MADISON, MN
2006-06-10Acquired United Prairie Bank-New Ulm (8192) in NEW ULM, MN
2006-06-10Acquired United Prairie Bank-Slayton (22121) in SLAYTON, MN
2006-06-10Merged into and subsequently operated as part of United Prairie Bank (10958) in MOUNTAIN LAKE, MN