Ute State Bank

Status:Inactive as of 12/15/2001
 Merger - Without Assistance
Successor Bank:Community Bank
Headquarters:Ute State Bank
Main Street
Ute, IA 51060
Established:02/18/1927
FDIC Insurance:01/01/1934
FDIC Cert:#5825
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$18,724,000
Total Deposits:$15,050,000

History

1927-02-18Institution established: Original name:Ute State Bank
1989-09-22Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED
2000-09-07Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2000-09-07Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2001-12-15Merged into and subsequently operated as part of Community Bank (14649) in DUNLAP, IA

Financial Information (2000-12-31 and Older)