HOMETOWN BANK HISTORY
- Bank Name:HomeTown Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #31028
- Locations:10 Branches in Minnesota
HomeTown Bank was founded on January 1, 1924 and has been serving the financial needs of their customers for over 100 years.
HomeTown Bank currently operates with 10 branches located in Minnesota as a subsidiary of Redwood Financial, 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 HomeTown Bank, including mergers and acquisitions.
DATEEVENT
01-01-1924Institution established. Original name: Redwood Falls Federal Savings and Loan Association.
07-07-1995Changed Organization Type to Stock Savings & Loan.
06-16-1998Changed Institution Name to Hometown Bank.
05-10-2000Changed Institution Name to HomeTown Bank.
09-08-2008Main Office moved to 1000 East Cook St, Redwood Falls, MN 56283.
07-21-2011Changed Primary Federal Regulatory Agency to Occ.
12-11-2018Changed Chartering Agency to State.
12-11-2018Changed Bank Class to Federal & State Savings and Loans.
12-11-2018Changed Primary Federal Regulatory Agency to Fdic.
12-28-2018Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
12-28-2018Changed Organization Type to Commercial Bank.
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