Midwest Community Bank

Midwest Community Bank was established on July 28, 1928, under the original name of The Plainville State Bank. The institution became a member of the Federal Reserve System on December 20, 1954, and underwent a change in its regulatory status and bank classification on the same day, becoming a state-chartered bank. On May 16, 1977, Midwest Community Bank withdrew from the Federal Reserve System and changed its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC), while also reclassifying as a state-chartered bank not associated with the Federal Reserve. In 2004, on January 23, the bank acquired The Farmers National Bank of Lincoln in Lincoln, Kansas, and subsequently adopted the name Midwest Community Bank. The main office was relocated to 201 South Main Street in Plainville, Kansas, on June 30, 1985. Notably, on March 6, 2017, Midwest Community Bank merged with Astra Bank, located in Scandia, Kansas, marking the end of its independent operations.

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

1928-07-28Institution established. Original name: The Plainville State Bank.

1954-12-20Institution becomes member of the Federal Reserve System.

1954-12-20Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

1954-12-20Changed Primary Federal Regulatory Agency to FED.

1977-05-16Institution withdraws from membership in the Federal Reserve System.

1977-05-16Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

1977-05-16Changed Primary Federal Regulatory Agency to FDIC.

1985-06-30Main Office moved to 201 South Main Street, Plainville, KS 67663.

2004-01-23Changed Institution Name to Midwest Community Bank.

2004-01-23Acquired The Farmers National Bank of Lincoln in Lincoln, KS.

2017-03-06Merged and became part of Astra Bank in Scandia, KS.