Lakeside State Bank

  • Bank Name:Lakeside State Bank
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #17165 - Inactive
  • FED RSSD ID:#879457 - Inactive
Headquarters:323 Main Street, New Town, North Dakota 58763
Acquired by Cornerstone Bank
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History Of Lakeside State Bank

Lakeside State Bank was established on July 1, 1952. Over the years, it expanded its operations, notably acquiring Peoples Bank and Trust in Parshall, North Dakota, on March 1, 2008. This expansion allowed the bank to increase its presence in the region. However, on March 14, 2015, Lakeside State Bank merged with and became part of Cornerstone Bank, located in Fargo, North Dakota. This merger marked the end of Lakeside State Bank as an independent entity, integrating its operations into a larger banking institution.

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

1952-07-01Institution established. Original name: Lakeside State Bank.

2008-03-01Acquired Peoples Bank and Trust in Parshall, ND.

2015-03-14Merged and became part of Cornerstone Bank in Fargo, ND.

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