First Independent Bank of Wood Lake

Status:Inactive as of 11/29/2008
 Merger - Without Assistance
Successor Bank:First Independent Bank
Headquarters:First Independent Bank of Wood Lake
Main Street
Wood Lake, MN 56297
Established:04/01/1902
FDIC Insurance:01/01/1934
FDIC Cert:#10578
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$17,237,000
Total Deposits:$14,878,000

History

1902-04-01Institution established: Original name:State Bank of Wood Lake
1996-10-15Changed name to First Independent Bank of Wood Lake
2008-11-29Merged into and subsequently operated as part of First Independent Bank (1900) in RUSSELL, MN
2011-12-31Acquired State Bank of Lucan (15890) in LUCAN, MN
2013-03-16Acquired The Buffalo Ridge Bank (8219) in BEARDSLEY, MN
2021-12-10Acquired United Southwest BankFirst Independent Bank (10208) in COTTONWOOD, MN.
2021-12-10Acquired United Southwest BankFirst Independent Bank (10208) in COTTONWOOD, MN.
2022-05-28Acquired Citizens State Bank of Tyler, IncorporatedFirst Independent Bank (10582) in TYLER, MN.
2022-05-28Acquired Citizens State Bank of Tyler, IncorporatedFirst Independent Bank (10582) in TYLER, MN.

Financial Information (2008-09-30 and Older)