The Phalen Bank

Status:Inactive as of 01/21/1995
 Merger - Without Assistance
Successor Bank:American Bank of St. Paul
Headquarters:The Phalen Bank
Maryland And Prosperity Avenues
Saint Paul, MN 55106
Established:04/27/1964
FDIC Insurance:04/27/1964
FDIC Cert:#19099
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$15,359,000
Total Deposits:$13,667,000

History

1964-04-27Institution established: Original name:Phalen Park State Bank of St. Paul
1978-01-04Changed name to Summit State Bank of Phalen Park
1986-04-02Changed name to The Phalen Bank
1995-01-21Merged into and subsequently operated as part of Dakota Bank (20843) in MENDOTA HEIGHTS, MN
1995-01-21Changed name to Dakota Bank (20843)
2002-09-14Changed name to American Bank of St. Paul (20843)
2002-09-14Moved bank headquarters from MENDOTA HEIGHTS, MN to SAINT PAUL, MN
2002-09-14Acquired The Midway National Bank of St. Paul (5245) in ST. PAUL, MN
2004-11-22Acquired Americana National Bank (5174) in ALBERT LEA, MN
2005-10-24Acquired American State Bank of Olivia (20712) in OLIVIA, MN
2015-06-15Merged into and subsequently operated as part of Deerwood Bank (5123) in DEERWOOD, MN
2018-04-28Moved bank headquarters from SAINT PAUL, MN to WAITE PARK, MN
2018-04-28Acquired Plaza Park State Bank (12186) in WAITE PARK, MN

Financial Information (1994-12-31 and Older)