LINN COUNTY STATE BANK

Linn County State Bank was established on September 17, 1945, in Linn County, Iowa. Over the years, the bank underwent several regulatory changes, notably on December 17, 2003, when it changed its primary federal regulatory agency to the Federal Reserve and became a state-chartered bank, becoming a member of the Federal Reserve System. On June 3, 2016, Linn County State Bank merged with Community Savings Bank, based in Edgewood, Iowa, effectively ceasing its operations as an independent institution.

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

DATEEVENT

1945-09-17Institution established. Original name: Linn County State Bank.

2003-12-17Institution becomes member of the Federal Reserve System.

2003-12-17Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

2003-12-17Changed Primary Federal Regulatory Agency to FED.

2016-06-03Merged and became part of Community Savings Bank in Edgewood, IA.