Bank of Newman Grove

The Bank of Newman Grove was established on April 10, 1900, originally named The First National Bank of Newman Grove. Over the years, the institution underwent several changes, including a move of its main office to Main Street in Newman Grove, Nebraska, on February 26, 1990. On March 19, 1990, the bank's trust powers were expanded to full. Significant changes occurred on December 10, 2005, when the institution changed its name to Bank of Newman Grove, altered its primary federal regulatory agency to the Federal Reserve, and became a state-chartered bank. The bank's main office was relocated again on June 2, 2010, to 416 Hale Avenue in Newman Grove, Nebraska. However, on January 1, 2022, it merged with Citizens State Bank located in Wisner, Nebraska, ending its independent operations.

Below is a list of some important events in banks history, including mergers and acquisitions.

1900-04-10Institution established. Original name: The First National Bank of Newman Grove.

1990-02-26Main Office moved to Main Street, Newman Grove, NE 68758.

1990-03-19Changed Trust Powers to Full.

2003-06-03Changed Trust Powers to None.

2005-12-10Changed Chartering Agency to State.

2005-12-10Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2005-12-10Changed Primary Federal Regulatory Agency to FED.

2005-12-10Changed Institution Name to Bank of Newman Grove.

2010-06-02Main Office moved to 416 Hale Ave, Newman Grove, NE 68758.

2022-01-01Merged and became part of Citizens State Bank in Wisner, NE.