NORTHEAST SECURITY BANK HISTORY
- Bank Name:Northeast Security Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #18384
- Locations:9 Branches in Iowa
Northeast Security Bank was founded on January 1, 1888 and has been serving the financial needs of their customers for over 136 years.
Northeast Security Bank currently operates with 9 branches located in Iowa as a subsidiary of Independence Bancshares, 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 Northeast Security Bank, including mergers and acquisitions.
DATEEVENT
01-01-1888Institution established. Original name: First State Bank.
12-18-1973Changed Institution Name to First State Bank.
12-18-1973Changed Trust Powers to Full.
04-02-1984Institution becomes member of the Federal Reserve System.
04-02-1984Changed Chartering Agency to Occ.
04-02-1984Changed Institution Name to Northeast Iowa National Bank.
08-01-1985Main Office moved to Second And Carpenter, Sumner, IA 50674.
07-01-1992Institution withdraws from membership in the Federal Reserve System.
07-01-1992Changed Chartering Agency to State.
07-01-1992Changed Primary Federal Regulatory Agency to Fdic.
07-01-1992Changed Institution Name to Northeast Security Bank.
12-22-2006Main Office moved to 108 North Carpenter, Sumner, IA 50674.
04-01-2008Acquired Fairbank State Bank (8754) in Fairbank, IA.
03-19-2018Acquired Security State Bank (15851) in Independence, IA.
03-26-2021Acquired First State Bank (11634) in Sumner, IA.
08-12-2021Main Office moved to 1150 W 1st St, Sumner, IA 50674.
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