MELVIN SAVINGS BANK

  • Bank Name:Melvin Savings Bank
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #256 - Inactive
  • FED RSSD ID:#764441 - Inactive
Headquarters:260 Main Street, Melvin, Iowa 51350
Acquired by Iowa State Bank
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HISTORY OF MELVIN SAVINGS BANK

Melvin Savings Bank was established on January 1, 1912, in Melvin, Iowa. For over a century, the bank provided essential financial services to the local community. On July 1, 2021, Melvin Savings Bank merged with Iowa State Bank, headquartered in Hull, Iowa, resulting in the dissolution of the Melvin Savings Bank name and operations. This merger represented a consolidation of banking services in the region, integrating Melvin Savings Bank's assets and clientele into Iowa State Bank's broader operational network.

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

DATEEVENT

1912-01-01Institution established. Original name: Melvin Savings Bank.

2021-07-01Merged and became part of Iowa State Bank in Hull, IA.

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