First State Bank of Claremont

First State Bank of Claremont was established on January 1, 1903, under the original name "First State Bank of Claremont." Over its history, the bank underwent several significant changes and expansions. On April 20, 1990, its main office relocated to Main Street in Claremont, South Dakota. In a strategic move to enhance its operations, the bank moved its main office again on October 7, 2002, to 7 East Highway 12 in Groton, South Dakota. On July 1, 2008, First State Bank of Claremont expanded its reach by acquiring Langford State Bank located in Langford, South Dakota. Ultimately, on July 3, 2020, First State Bank of Claremont merged with and became part of Dacotah Bank, based in Aberdeen, South Dakota.

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

1903-01-01Institution established. Original name: First State Bank of Claremont.

1990-04-20Main Office moved to Main Street, Claremont, SD 57432.

2002-10-07Main Office moved to 7 East Highway 12, Groton, SD 57445.

2008-07-01Acquired Langford State Bank in Langford, SD.

2020-07-03Merged and became part of Dacotah Bank in Aberdeen, SD.