SOUTH OTTUMWA SAVINGS BANK HISTORY
- Bank Name:South Ottumwa Savings Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #9099
- Locations:6 Branches in Iowa
South Ottumwa Savings Bank was founded on January 1, 1903 and has been serving the financial needs of their customers for over 121 years.
South Ottumwa Savings Bank currently operates with 6 branches located in Iowa as a subsidiary of Cornerstone Financial Services Group, 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 South Ottumwa Savings Bank, including mergers and acquisitions.
DATEEVENT
01-01-1903Institution established. Original name: South Ottumwa Savings Bank.
03-17-1972Changed Trust Powers to Full
03-20-1992Acquired Peoples Federal Savings Association (33529) in Ottumwa, IA.
05-09-2006Main Office moved to 320 Church Street, Ottumwa, IA 52501.
12-17-2011Acquired Hedrick Savings Bank (14973) in Ottumwa, IA.
06-30-2015Acquired West Liberty State Bank (14573) in West Liberty, IA.
01-31-2020Acquired Peoples State Bank (26911) in Albia, IA.
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