The First State Bank
- Bank Name:The First State Bank
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #14361 - Inactive
- FED RSSD ID:#627425 - Inactive
History Of The First State Bank
The First State Bank was established on September 1, 1905, under its original name. In 1970, the bank's main office was relocated to 660 Central Avenue in Barboursville, West Virginia, where it continued to operate for several decades. In 1989, the institution underwent changes regarding its trust powers, transitioning to limited trust powers on two occasions: on February 14 and again on August 7 of that year. However, the bank faced financial difficulties and ultimately failed on April 3, 2020. Following its failure, The First State Bank was merged with government financial assistance.
Below is a list of some important events in banks history, including mergers and acquisitions.
1905-09-01Institution established. Original name: The First State Bank.
1970-01-05Main Office moved to 660 Central Avenue, Barboursville, WV 25504.
1989-02-14Changed Trust Powers to Limited.
1989-08-07Changed Trust Powers to Limited.
2020-04-03Failed. Merged with government financial assistance,.
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