First American State Bank of Sargeant

Status:Inactive as of 01/01/1988
 Merger - Without Assistance
Successor Bank:First Farmers & Merchants State Bank
Headquarters:First American State Bank of Sargeant
Main Street
Sargeant, MN 55973
Established:08/14/1906
FDIC Insurance:01/01/1934
FDIC Cert:#8844
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$7,071,000
Total Deposits:$6,485,000

History

1906-08-14Institution established: Original name:First American State Bank of Sargeant
1988-01-01Changed name to First American State Bank (1600)
1988-01-01Merged into and subsequently operated as part of First American State Bank (1600) in BROWNSDALE, MN
1993-12-08Changed name to First Farmers & Merchants State Bank (1600)