Valley Bank Dundas

Status:Inactive as of 04/01/2005
 Merger - Without Assistance
Successor Bank:Frandsen Bank & Trust
Headquarters:Valley Bank Dundas
715 Stafford Road North
Dundas, MN 55019
Established:04/18/1912
FDIC Insurance:01/01/1934
FDIC Cert:#1395
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$27,465,000
Total Deposits:$21,426,000

History

1912-04-18Institution established: Original name:Dundas State Bank
1985-02-01Changed name to Cannon Valley Bank
1998-01-27Changed name to F & M Bank
1998-07-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2000-04-07Changed name to F & M BANK-MINNESOTA
2001-11-09Changed name to VALLEY BANK DUNDAS
2002-06-04Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2002-06-04Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2005-04-01Merged into and subsequently operated as part of Frandsen Bank & Trust (1399) in LONSDALE, MN
2006-03-04Acquired Rural American Bank - Foley (10209) in FOLEY, MN
2008-08-18Acquired First National Bank of Montgomery (18705) in MONTGOMERY, MN
2009-10-19Acquired Northern National Bank (34592) in NISSWA, MN
2009-10-19Acquired Community Bank of the Red River Valley (19180) in EAST GRAND FORKS, MN
2010-05-17Acquired Valley Bank (18845) in WATERVILLE, MN
2011-03-21Acquired Rural American Bank - Braham (5099) in BRAHAM, MN
2011-03-21Acquired Rural American Bank - Luck (9525) in LUCK, WI
2011-08-22Acquired Queen City Federal Savings Bank (31204) in VIRGINIA, MN
2012-03-17Acquired State Bank of Bird Island (8184) in BIRD ISLAND, MN
2013-10-21Acquired Clinton State Bank (1099) in CLINTON, MN
2015-04-01Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2015-04-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2016-10-22Acquired Provincial Bank (34443) in LAKEVILLE, MN
2020-10-17Acquired Peoples Bank Midwest (5347) in HAYWARD, WI

Financial Information (2005-03-31 and Older)