United Farmers & Merchants State Bank

Status:Inactive as of 09/14/2013
 Merger - Without Assistance
Successor Bank:Dacotah Bank
Headquarters:United Farmers & Merchants State Bank
4 Atlantic Avenue
Morris, MN 56267
Established:01/01/1912
FDIC Insurance:01/01/1934
FDIC Cert:#8209
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$39,281,000
Total Deposits:$36,148,000

History

1912-01-01Institution established: Original name:Farmers and Merchants State Bank of Donnelly
1993-09-15Acquired First State Bank Chokio (26831) in CHOKIO, MN
1993-12-13Changed name to United Farmers & Merchants State Bank
1994-02-15Moved bank headquarters from DONNELLY, MN to MORRIS, MN
2013-09-14Merged into and subsequently operated as part of Dacotah Bank (17437) in ABERDEEN, SD
2020-07-03Acquired First State Bank of Claremont (484) in GROTON, SD

Financial Information (2013-06-30 and Older)