Minnesota – Norman – Ada
(NM) Commercial bank, state charter and Fed nonmember
inactive
www.ada-bank.com
Minnesota
Norman
Ada
(NM) Commercial bank, state charter and Fed nonmember
inactive
8206
1881
FDIC Certificate Number: 8206
FDIC's unique number: 5230
The FDIC Field Office where an institution is physically located: Grand Forks
Federal Reserve ID Number: 359351
Report Date: 2005-06-30
Bank Charter Class: NM
The date of the last data update: 2005-07-13
1881-03-01 Institution established. Original name: First State Bank Of Ada.
1994-02-01 Changed name to Rural American Bank - Ada .
2005-07-01 Merged into and subsequently operated as part of Community Bank of the Red River Valley in East Grand Forks, 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: $35,066,000
Total deposits: $30,644,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-22429