Farmington State Bank

Farmington State Bank was established on May 10, 1929, in Farmington, Washington. Throughout its history, the bank underwent several significant changes. On April 20, 1990, the main office was relocated to Main Street in Farmington, and subsequently, on May 18, 2009, it moved to 103 North First Street in the same city. A major regulatory transition occurred on June 30, 2021, when the institution became a member of the Federal Reserve System and changed its primary federal regulatory agency to the Federal Reserve, while also reclassifying as a state-chartered bank. However, on August 31, 2023, Farmington State Bank voluntarily closed and liquidated its assets.

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

1929-05-10Institution established. Original name: Farmington State Bank.

1990-04-20Main Office moved to Main Street, Farmington, WA 99128.

2009-05-18Main Office moved to 103 North First Street, Farmington, WA 99128.

2021-06-30Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2021-06-30Changed Primary Federal Regulatory Agency to FED.

2021-06-30Institution becomes member of the Federal Reserve System.

2023-08-31Closed voluntarily and liquidated its assets.