The American State Bank

Status:Inactive as of 05/18/1988
 Merger - Assisted
Participated in Open Bank Assistance
Successor Bank:First Dakota National Bank
Headquarters:The American State Bank
225 Cedar Street
Yankton, SD 57078
Established:09/07/1891
FDIC Insurance:01/01/1934
FDIC Cert:#6086
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$62,095,000
Total Deposits:$58,954,000

History

1891-09-07Institution established: Original name:The American State Bank
1988-05-18Failed. Acquired with government financial assistance and subsequently operated as part of First Dakota National Bank (4028)
1988-05-18Maintained operations with government open bank assistance.
1993-04-01Acquired The McCook County National Bank of Salem (4013) in SALEM, SD
2013-01-19Acquired BANK 360 (30789) in BERESFORD, SD
2016-01-01Acquired Dakota State Bank (1682) in BLUNT, SD