The Farmers & Merchants Bank of Sheyenne

Status:Inactive as of 10/26/1990
 Absorption - Assisted
Successor Bank:Ramsey National Bank
Headquarters:The Farmers & Merchants Bank of Sheyenne
Main Street
Sheyenne, ND 58374
Established:01/01/1906
FDIC Insurance:01/01/1934
FDIC Cert:#13245
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$2,899,000
Total Deposits:$2,867,000

History

1906-01-01Institution established: Original name:The Farmers & Merchants Bank of Sheyenne
1990-10-26Failed. Acquired with government financial assistance and subsequently operated as part of The Ramsey National Bank and Trust Co. of Devils Lake (3914)
2000-10-23Acquired Ramsey Bank (33206) in CANDO, ND
2007-01-31Moved bank headquarters from SHEYENNE, ND to DEVILS LAKE, ND
2011-10-01Changed name to Ramsey National Bank (3914)
2022-09-12Merged into and subsequently operated as part of First United Bank (15472)
2022-09-12Merged into and subsequently operated as part of First United Bank (15472)
2022-09-12Merged into and subsequently operated as part of First United Bank (15472)