Rural American Bank-Montgomery/Lonsdale

Minnesota – Rice – Lonsdale

(NM) Commercial bank, state charter and Fed nonmember

inactive

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Details

(NM) Commercial bank, state charter and Fed nonmember

inactive

1921

1908

FDIC Certificate Number: 1921
FDIC's unique number: 1286
The FDIC Field Office where an institution is physically located: Minneapolis

Federal Reserve ID Number: 917452
Report Date: 2004-09-30

Bank Charter Class: NM
The date of the last data update: 2004-11-15

1908-01-08 Institution established. Original name: State Bank Of Lonsdale.
1999-01-01 Acquired Citizens State Bank Of Montgomery in Montgomery, Minnesota.
1999-01-01 Changed name to Rural American Bank-montgomery/lonsdale .
2004-11-01 Merged into and subsequently operated as part of Frandsen Bank & Trust in Lonsdale, Minnesota.
2005-04-01 Acquired Valley Bank Dundas in Dundas, Minnesota.
2006-03-04 Acquired Rural American Bank - Foley in Foley, Minnesota.
2008-08-18 Acquired First National Bank Of Montgomery in Montgomery, Minnesota.
2009-10-19 Acquired Community Bank Of The Red River Valley in East Grand Forks, Minnesota.
2009-10-19 Acquired Northern National Bank in Nisswa, 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: $73,075,000
Total deposits: $65,360,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-5715

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