DACOTAH BANK HISTORY
- Bank Name:Dacotah Bank
- Bank Class:Federal Reserve Member Bank
- Member FDIC:Certificate #17437
- Locations:32 Branches in 3 states
Dacotah Bank was founded on April 30, 1955 and has been serving the financial needs of their customers for over 68 years.
Dacotah Bank currently operates with 32 branches located in 3 states as a subsidiary of Dacotah Banks, 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 Dacotah Bank, including mergers and acquisitions.
DATEEVENT
04-30-1955Institution established. Original name: Farmers and Merchants Bank.
05-08-1963Institution becomes member of the Federal Reserve System.
05-08-1963Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
05-08-1963Changed Primary Federal Regulatory Agency to Fed.
09-29-1972Changed Institution Name to Farmers & Merchants Bank and Trust Co..
09-29-1972Main Office moved to 308 South Main Street, Aberdeen, SD 57401.
05-07-1987Acquired First State Bank (506) in Sisseton, SD.
04-01-1988Changed Institution Name to Farmers & Merchants Bank and Trust Co..
04-01-1988Acquired The Bank of Cresbard (12642) in Cresbard, SD.
02-01-1995Changed Institution Name to Dacotah Bank.
05-24-1997Acquired Dacotah Bank (495) in Webster, SD.
05-24-1997Acquired Dacotah Bank (15315) in Faulkton, SD.
05-24-1997Acquired Dacotah Bank (1677) in Mobridge, SD.
05-24-1997Acquired Dacotah Bank (6072) in Lemmon, SD.
05-24-1997Acquired Dacotah Bank (11134) in Clark, SD.
06-07-2000Acquired First National Bank (3936) in Hettinger, ND.
04-01-2005Acquired Dacotah Bank - Valley City (8945) in Valley City, ND.
04-01-2005Acquired Dacotah Bank (16168) in Rolla, ND.
09-14-2013Acquired United Farmers & Merchants State Bank (8209) in Morris, MN.
07-03-2020Acquired First State Bank of Claremont (484) in Groton, SD.
SUBMIT YOUR COMMENT
Submit your comment, review or complaint about Dacotah Bank.