State Bank of Springfield
Status: | Inactive as of 07/17/1992 |
Absorption - Assisted | |
Successor Bank: | Bank Midwest of Cottonwood County |
Headquarters: | State Bank of Springfield 2 South Marshall Springfield, MN 56087 |
Established: | 12/23/1891 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #13383 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $30,267,000 |
Total Deposits: | $28,464,000 |
History
1891-12-23 | Institution established: Original name:State Bank of Springfield | |
1992-07-17 | Failed. Acquired with government financial assistance and subsequently operated as part of Southwest State Bank (10992) | |
1999-09-13 | Changed name to Bank Midwest of Cottonwood County (10992) | |
2000-10-09 | Merged into and subsequently operated as part of Bank Midwest, Minnesota Iowa, National Association (5170) in FAIRMONT, MN | |
2008-07-01 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2008-07-01 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2008-07-01 | Changed name to Bank Midwest (5170) | |
2008-07-01 | Moved bank headquarters from FAIRMONT, MN to SPIRIT LAKE, IA | |
2011-06-03 | Acquired Farmers State Bank of Sherburn (8217) in SHERBURN, MN |