FIRST BANK & TRUST HISTORY
- Bank Name:First Bank & Trust
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:#3973, #27078
- Locations:22 Branches in 2 states
First Bank & Trust was founded on November 2, 1925 and has been serving the financial needs of their customers for over 98 years.
First Bank & Trust currently operates with 22 branches located in 2 states as a subsidiary of Fishback Financial 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 First Bank & Trust, including mergers and acquisitions.
DATEEVENT
11-02-1925Institution established. Original name: The Security National Bank in Brookings.
06-01-1958Changed Institution Name to First National Bank in Brookings.
01-31-1993Acquired Home Trust Savings and Loan Association (31574) in Vermillion, SD.
11-15-2000Main Office moved to 424 5th Street, Brookings, SD 57006.
12-01-2004Institution withdraws from membership in the Federal Reserve System.
12-01-2004Changed Chartering Agency to State.
12-01-2004Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
12-01-2004Changed Primary Federal Regulatory Agency to Fdic.
12-01-2004Changed Institution Name to First Bank & Trust.
01-08-2007Main Office moved to 520 6th Street, Brookings, SD 57006.
05-05-2012Acquired First Bank of White (4026) in White, SD.
08-15-2015Acquired First Bank & Trust, National Association (5227) in Pipestone, MN.
08-15-2015Acquired First Bank & Trust of Milbank (26638) in Milbank, SD.
12-02-2017Acquired State Bank of New Prague (12921) in New Prague, MN.
12-02-2017Acquired Peoples Bank of Commerce (10192) in Cambridge, MN.
10-16-2020Acquired First Bank & Trust (27078) in Sioux Falls, SD.
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