Community National Bank

Status:Inactive as of 12/17/2010
 Absorption - Assisted
Successor Bank:Farmers & Merchants Savings Bank
Headquarters:Community National Bank
7641 Lake Drive
Circle Pines, MN 55014
Established:12/20/1980
FDIC Insurance:12/20/1980
FDIC Cert:#23306
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$31,569,000
Total Deposits:$28,844,000

History

1980-12-20Institution established: Original name:Community National Bank
1993-08-19Moved bank headquarters from BRANCH, MN to NORTH BRANCH, MN
2000-12-01Acquired Lakeland National Bank (34773) in LINO LAKES, MN
2008-11-21Moved bank headquarters from NORTH BRANCH, MN to LINO LAKES, MN
2010-12-17Failed. Acquired with government financial assistance and subsequently operated as part of Farmers & Merchants Savings Bank (9298)
2015-01-01Acquired Security Savings Bank (5795) in EAGLE GROVE, IA

Financial Information (2010-09-30 and Older)