Ormsby State Bank

Ormsby State Bank was established on July 1, 1901, under the original name of Farmers State Bank of Ormsby. Over the years, the institution underwent several name changes and relocations. On July 1, 1961, it formally changed its name to Ormsby State Bank. The bank's main office was moved multiple times, with notable relocations occurring on December 30, 1989, to Main Street in Ormsby, Minnesota, and again on July 16, 2008, to 513 Main Street in Ormsby. Most recently, the bank's main office was relocated to the same 513 Main Street address on June 30, 2020. On January 22, 2021, Ormsby State Bank merged with Citizens Bank Minnesota, based in New Ulm, Minnesota, becoming part of this larger banking institution.

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

1901-07-01Institution established. Original name: Farmers State Bank of Ormsby.

1961-07-01Changed Institution Name to Ormsby State Bank.

1989-12-30Main Office moved to Main Street, Ormsby, MN 56162.

1997-08-06Main Office moved to 101 Main Street, Ormsby, MN 56162.

2008-07-16Main Office moved to 513 Main Street, Ormsby, MN 56162.

2020-06-30Main Office moved to 513 Main St, Ormsby, MN 56162.

2021-01-22Merged and became part of Citizens Bank Minnesota in New Ulm, MN.