Farmers State Bank of Kanaranzi

Status:Inactive as of 10/18/1985
 Absorption - Assisted
Successor Bank:First Community Bank Silver Lake
Headquarters:Farmers State Bank of Kanaranzi
Main Street
Kanaranzi, MN 56146
Established:12/01/1915
FDIC Insurance:01/01/1934
FDIC Cert:#12189
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$3,907,000
Total Deposits:$3,823,000

History

1915-12-01Institution established: Original name:Farmers State Bank of Kanaranzi
1985-10-18Failed. Acquired with government financial assistance and subsequently operated as part of Citizens State Bank of Silver Lake (8543)
1985-10-18Moved bank headquarters from KANARANZI, MN to SILVER LAKE, MN
1987-03-13Acquired Beaver Creek State Bank (8846) in BEAVER CREEK, MN
1996-07-01Changed name to First Community Bank Silver Lake (8543)
2013-01-01Merged into and subsequently operated as part of First Community Bank (8535) in LESTER PRAIRIE, MN
2013-01-01Changed name to First Community Bank (8535)