Queen City Federal Savings Bank

Status:Inactive as of 08/22/2011
 Merger - Without Assistance
Successor Bank:Frandsen Bank & Trust
Headquarters:Queen City Federal Savings Bank
501 Chestnut St
Virginia, MN 55792
Established:08/17/1960
FDIC Insurance:08/09/1989
FDIC Cert:#31204
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$242,460,000
Total Deposits:$173,729,000

History

1960-08-17Institution established: Original name:Queen City Federal Savings and Loan Association
1994-11-21Changed name to Queen City Federal Savings Bank
1995-03-31Changed organization type to STOCK SAVINGS BANK
2009-03-23Acquired State Bank of Tower (15882) in TOWER, MN
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2011-08-22Merged into and subsequently operated as part of Frandsen Bank & Trust (1399) in LONSDALE, MN
2012-03-17Acquired State Bank of Bird Island (8184) in BIRD ISLAND, MN
2013-10-21Acquired Clinton State Bank (1099) in CLINTON, MN
2015-04-01Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2015-04-01Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD
2016-10-22Acquired Provincial Bank (34443) in LAKEVILLE, MN
2020-10-17Acquired Peoples Bank Midwest (5347) in HAYWARD, WI

Financial Information (2011-06-30 and Older)