State Bank of Tower
| Status: | Inactive as of 03/23/2009 |
| Merger - Without Assistance | |
| Successor Bank: | Queen City Federal Savings Bank |
| Headquarters: | State Bank of Tower Main Street Tower, MN 55790 |
| Established: | 02/25/1942 |
| FDIC Insurance: | 02/25/1942 |
| FDIC Cert: | #15882 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $63,738,000 |
| Total Deposits: | $52,827,000 |
History
| 1942-02-25 | Institution established: Original name:State Bank of Tower | |
| 2009-03-23 | Merged into and subsequently operated as part of Queen City Federal Savings Bank (31204) in VIRGINIA, MN | |
| 2011-07-21 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY | |
| 2011-08-22 | Merged into and subsequently operated as part of Frandsen Bank & Trust (1399) in LONSDALE, 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 COMPTROLLER OF THE CURRENCY 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 |