Community Bank of the Red River Valley

Details Community Bank of the Red River Valley Community Bank of the Red River Valley

Minnesota

Polk

East Grand Forks

(NM) Commercial bank, state charter and Fed nonmember

inactive

19180

1964

FDIC Certificate Number: 19180
FDIC's unique number: 13001
The FDIC Field Office where an institution is physically located: Grand Forks

Federal Reserve ID Number: 287351
Report Date: 2009-09-30

Bank Charter Class: NM
The date of the last data update: 2009-11-18

1964-07-20 Institution established. Original name: Citizens State Bank Of East Grand Forks.
1996-07-15 Acquired Peoples State Bank Of Warren in Warren, Minnesota.
1996-07-15 Changed name to Rural American Bank - East Grand Forks .
2001-07-01 Acquired Valley State Bank Of Oslo in Oslo, Minnesota.
2003-08-29 Acquired Community National Bank Of Grand Forks in Grand Forks, North Dakota.
2003-08-29 Changed name to Community Bank Of The Red River Valley .
2005-07-01 Acquired Rural American Bank - Ada in Ada, Minnesota.
2009-10-19 Merged into and subsequently operated as part of Frandsen Bank & Trust in Lonsdale, Minnesota.
2010-05-17 Acquired Valley Bank in Waterville, Minnesota.
2011-03-21 Acquired Rural American Bank - Braham in Braham, Minnesota.
2011-03-21 Acquired Rural American Bank - Luck in Luck, Wisconsin.
2011-08-22 Acquired Queen City Federal Savings Bank in Virginia, Minnesota.

Total assets: $282,114,000
Total deposits: $241,418,000
Last updated on: 2011-10-20

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