CITIZENS ALLIANCE BANK HISTORY
- Bank Name:Citizens Alliance Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #1402
- Locations:13 Branches in 2 states
Citizens Alliance Bank was founded on July 2, 1902 and has been serving the financial needs of their customers for over 121 years.
Citizens Alliance Bank currently operates with 13 branches located in 2 states as a subsidiary of Forstrom Bancorporation, Inc.. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of Citizens Alliance Bank, including mergers and acquisitions.
DATEEVENT
07-02-1902Institution established. Original name: Citizens State Bank of Clara City.
09-01-1987Acquired Americana State Bank of Clara City (10177) in Clara City, MN.
05-31-1988Changed Institution Name to Citizens State Bank of Clara City.
05-31-1988Main Office moved to 126 North Main Street, Clara City, MN 56222.
04-01-1991Acquired Security State Bank of Maynard (16938) in Maynard, MN.
06-01-2004Main Office moved to 55 First Street Northwest, Clara City, MN 56222.
10-01-2005Acquired First State Bank, Lake Lillian, Minnesota (1404) in Lake Lillian, MN.
05-01-2007Acquired Yellow Medicine County Bank (8854) in Granite Falls, MN.
10-02-2010Changed Institution Name to Citizens Alliance Bank.
10-15-2011Acquired Security State Bank of Howard Lake (10206) in Howard Lake, MN.
05-18-2013Acquired First State Bank of Murdock (9734) in Murdock, MN.
04-26-2014Acquired First Valley Bank (26190) in Seeley Lake, MT.
04-23-2016Acquired First Bank of Lincoln (19775) in Lincoln, MT.
08-16-2019Acquired Farmers and Merchants State Bank of Sacred Heart (1901) in Sacred Heart, MN.
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