Teton Banks
- Bank Name:Teton Banks
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #364 - Inactive
- FED RSSD ID:#637750 - Inactive
History Of Teton Banks
Teton Banks was established on January 1, 1909, originally named The Citizen's State Bank of Choteau. Over the years, the institution underwent several changes, including a move of its main office to 201 North Main Avenue in Choteau, Montana, on April 19, 1990. In 1937, Teton Banks became a member of the Federal Reserve System and underwent a change in its regulatory agency and chartering agency status. On March 31, 2011, the institution changed its name to Teton Banks. A significant expansion occurred on February 20, 2010, when it acquired The First National Bank of Fairfield and relocated its main office to 321 Central Avenue in Fairfield, Montana. Teton Banks transitioned to being regulated by the Federal Deposit Insurance Corporation on August 27, 2015, and withdrew from membership in the Federal Reserve System, reclassifying as a State Chartered Bank. Ultimately, on October 29, 2016, Teton Banks was merged into First Security Bank in Bozeman, Montana, and then became part of Glacier Bank in Kalispell, Montana, on February 28, 2018.
Below is a list of some important events in banks history, including mergers and acquisitions.
1909-01-01Institution established. Original name: The Citizen's State Bank of Choteau.
1937-11-30Institution becomes member of the Federal Reserve System.
1937-11-30Changed Chartering Agency to State.
1937-11-30Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
1937-11-30Changed Primary Federal Regulatory Agency to FED.
1990-04-19Main Office moved to 201 North Main Avenue, Choteau, MT 59422.
2010-02-20Main Office moved to 321 Central Avenue, Fairfield, MT 59436.
2010-02-20Acquired The First National Bank of Fairfield in Fairfield, MT.
2011-03-31Changed Institution Name to Teton Banks.
2015-08-27Institution withdraws from membership in the Federal Reserve System.
2015-08-27Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
2015-08-27Changed Primary Federal Regulatory Agency to FDIC.
2016-10-29Merged and became part of First Security Bank in Bozeman, MT.
2018-02-28Merged and became part of Glacier Bank in Kalispell, MT.
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