Rural American Bank - Braham
| Status: | Inactive as of 03/21/2011 |
| Merger - Without Assistance | |
| Successor Bank: | Frandsen Bank & Trust |
| Headquarters: | Rural American Bank - Braham 121 South Main Braham, MN 55006 |
| Established: | 08/29/1899 |
| FDIC Insurance: | 01/01/1934 |
| FDIC Cert: | #5099 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $108,994,000 |
| Total Deposits: | $93,005,000 |
History
| 1899-08-29 | Institution established: Original name:The First State Bank of Braham | |
| 1989-04-01 | Changed name to Rural American Bank - Braham | |
| 2007-11-03 | Acquired The First National Bank of Pine City (5226) in PINE CITY, MN | |
| 2011-03-21 | Acquired Rural American Bank - Braham in BRAHAM, MN | |
| 2011-03-21 | Acquired Rural American Bank - Luck (9525) in LUCK, WI | |
| 2011-03-21 | Merged into and subsequently operated as part of Frandsen Bank & Trust (1399) in LONSDALE, MN | |
| 2011-08-22 | Acquired Queen City Federal Savings Bank (31204) in VIRGINIA, MN | |
| 2012-03-17 | Acquired State Bank of Bird Island (8184) in BIRD ISLAND, MN | |
| 2013-10-21 | Acquired Clinton State Bank (1099) in CLINTON, MN | |
| 2015-04-01 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
| 2015-04-01 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
| 2016-10-22 | Acquired Provincial Bank (34443) in LAKEVILLE, MN | |
| 2020-10-17 | Acquired Peoples Bank Midwest (5347) in HAYWARD, WI |