Farmers and Merchants State Bank of Sacred Heart
- Bank Name:Farmers and Merchants State Bank of Sacred Heart
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #1901 - Inactive
- FED RSSD ID:#762353 - Inactive
History Of Farmers and Merchants State Bank of Sacred Heart
Farmers and Merchants State Bank of Sacred Heart was established on March 4, 1905. The bank originally served the community of Sacred Heart, Minnesota, providing various financial services to local residents and businesses. On September 30, 1989, the main office was relocated to 200 West Maple Street in Sacred Heart, enhancing its service capabilities. After more than a century of operation, Farmers and Merchants State Bank of Sacred Heart merged with Citizens Alliance Bank, based in Clara City, Minnesota, on August 16, 2019, becoming a part of a larger banking institution.
Below is a list of some important events in banks history, including mergers and acquisitions.
1905-03-04Institution established. Original name: Farmers and Merchants State Bank of Sacred Heart.
1989-09-30Main Office moved to 200 West Maple Street, Sacred Heart, MN 56285.
2019-08-16Merged and became part of Citizens Alliance Bank in Clara City, MN.
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