Minnesota – Rice – Dundas
(NM) Commercial bank, state charter and Fed nonmember
inactive
www.dundasbank.com
Minnesota
Rice
Dundas
(NM) Commercial bank, state charter and Fed nonmember
inactive
1395
1912
FDIC Certificate Number: 1395
FDIC's unique number: 917
The FDIC Field Office where an institution is physically located: Minneapolis
Federal Reserve ID Number: 126955
Report Date: 2005-03-31
Bank Charter Class: NM
The date of the last data update: 2005-04-14
1912-04-18 Institution established. Original name: Dundas State Bank.
1985-02-01 Changed name to Cannon Valley Bank .
1998-01-27 Changed name to F & M Bank .
1998-07-01 Changed primary regulatory agency from Federal Deposit Insurance Corporation to Federal Reserve Board.
2000-04-07 Changed name to F & M Bank-minnesota .
2001-11-09 Changed name to Valley Bank Dundas .
2002-06-04 Changed name to Valley Bank Dundas .
2002-06-04 Changed primary regulatory agency from Federal Reserve Board to Federal Deposit Insurance Corporation.
2002-06-04 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.
2005-04-01 Merged into and subsequently operated as part of Frandsen Bank & Trust in Lonsdale, 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: $27,465,000
Total deposits: $21,426,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-5454