FIRST STATE BANK HISTORY
- Bank Name:First State Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #15321
- Locations:7 Branches in Iowa
First State Bank was founded on October 15, 1935 and has been serving the financial needs of their customers for over 88 years.
First State Bank currently operates with 7 branches located in Iowa as a subsidiary of Van Diest Investment Company. 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 State Bank, including mergers and acquisitions.
DATEEVENT
10-15-1935Institution established. Original name: First State Bank.
01-29-1945Institution becomes member of the Federal Reserve System.
01-29-1945Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
01-29-1945Changed Primary Federal Regulatory Agency to Fed.
03-28-1973Institution withdraws from membership in the Federal Reserve System.
03-28-1973Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
03-28-1973Changed Primary Federal Regulatory Agency to Fdic.
03-28-1973Changed Institution Name to First State Bank.
06-25-1979Main Office moved to 505 - 2nd Street, Webster City, IA 50595.
02-02-1987Acquired Farmers State Bank (14981) in Stanhope, IA.
04-01-1997Acquired Farmers Savings Bank (12418) in Vincent, Ia.
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