KEOKUK SAVINGS BANK AND TRUST COMPANY

  • Bank Name:Keokuk Savings Bank and Trust Company
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #1853 - Inactive
  • FED RSSD ID:#745646 - Inactive
Headquarters:501 Main Street, Keokuk, Iowa 52632
Acquired by Connection Bank
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HISTORY OF KEOKUK SAVINGS BANK AND TRUST COMPANY

Keokuk Savings Bank and Trust Company was established on January 4, 1868, in Keokuk, Iowa. Over the years, the institution underwent several significant changes, including a transition to full trust powers on December 26, 1931. In 1989, Keokuk Savings Bank and Trust Company acquired Norwest Bank Keokuk, National Association, further expanding its services. On September 17, 2016, the bank merged with Connection Bank, based in Fort Madison, Iowa, and subsequently changed its name to Connection Bank. This merger marked the end of the bank's nearly 150-year history as an independent financial institution.

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

DATEEVENT

1868-01-04Institution established. Original name: Keokuk Savings Bank and Trust Company.

1931-12-26Changed Trust Powers to Full

1989-04-01Acquired Norwest Bank Keokuk, National Association in Keokuk, IA.

2016-09-17Changed Institution Name to Connection Bank.

2016-09-17Merged and became part of Connection Bank in Fort Madison, IA.

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