COMMUNITY DEVELOPMENT BANK HISTORY
- Bank Name:Community Development Bank
- Bank Class:Savings & Loan Association
- Member FDIC:Certificate #10568
- Locations:3 Branches in Minnesota
Community Development Bank was founded on January 6, 1906 and has been serving the financial needs of their customers for over 118 years.
Community Development Bank currently operates with 3 branches located in Minnesota as a subsidiary of Midwest Minnesota Community Development Corporation. 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 Community Development Bank, including mergers and acquisitions.
DATEEVENT
01-06-1906Institution established. Original name: Ogema State Bank.
12-30-1989Main Office moved to Main Street, Ogema, MN 56569.
06-29-2001Changed Chartering Agency to Ots.
06-29-2001Changed Bank Class to Federal Savings Bank.
06-29-2001Changed Organization Type to Stock Savings Bank.
06-29-2001Changed Primary Federal Regulatory Agency to Ots.
06-29-2001Changed Institution Name to Community Development Bank, Fsb.
12-06-2006Main Office moved to 516 Main Street, Ogema, MN 56569.
02-05-2010Acquired 1st American State Bank of Minnesota (15448) in Hancock, MN as part of a government assisted merger.
07-21-2011Changed Primary Federal Regulatory Agency to Occ.
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