Commercial State Bank
- Bank Name:Commercial State Bank
- Bank Class:State Chartered - FED Member Bank
- FDIC ID:Certificate #17687 - Inactive
- FED RSSD ID:#361653 - Inactive
History Of Commercial State Bank
Commercial State Bank was established on November 2, 1956. Originally named Commercial State Bank, it underwent a name change to Freedom Bank on November 13, 1989. Subsequently, the bank's main office was relocated to 200 South Main Street in Andrews, Texas, on January 30, 1984. On June 16, 1992, the institution changed its name back to Commercial State Bank. Significant regulatory changes occurred on October 1, 2016, when it became a state-chartered bank and a member of the Federal Reserve System, with the primary federal regulatory agency switching to the Federal Reserve. The bank operated under its name until January 18, 2019, when it merged with American Momentum Bank, based in College Station, Texas.
Below is a list of some important events in banks history, including mergers and acquisitions.
1956-11-02Institution established. Original name: Commercial State Bank.
1984-01-30Main Office moved to 200 South Main Street, Andrews, TX 79714.
1989-11-13Changed Institution Name to Freedom Bank.
1992-06-16Changed Institution Name to Commercial State Bank.
2016-10-01Institution becomes member of the Federal Reserve System.
2016-10-01Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
2016-10-01Changed Primary Federal Regulatory Agency to FED.
2019-01-18Merged and became part of American Momentum Bank in College Station, TX.
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