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By 1993, the bank changed its name from First Federal Savings and Loan Association of Storm Lake to First Federal Savings Bank of the Midwest, a subsidiary of First Midwest Financial, Inc. [6] On September 20, 1993, 1.9 million shares of stock in First Midwest Financial, Inc., were issued at $10 per share and began trading on the NASDAQ stock ...
In 1994, the bank was sold to Central Bancshares, Inc. of Muscatine, Iowa and in 1995, the bank charter was moved to Washington, Iowa, where a temporary bank office was leased while construction began on a 2,500 square foot permanent banking facility, which opened for business in March, 1997.
The Iowa Trust & Savings Bank has assumed operations of Citizens Bank in Sac City and will reopen the main office and drive-up Monday. Skip to main content. 24/7 Help. For premium support please ...
In May 2015, the bank acquired Central Bancshares of Golden Valley, Minnesota for $134 million in cash and stock. [6] In 2017, the bank opened its first branch in Denver, Colorado. [7] In June 2018, Barry S. Ray was hired as the Chief Financial Officer. In November 2022, Charles N. Reeves was hired as the Chief Executive Officer.
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An online savings account is a savings account that you open online. Traditional banks can offer online savings accounts but they’re more commonly associated with online-only banks.
3. Ally Bank. 4.5 out of 5 stars. Why we like this online bank: Ally offers both online checking and savings accounts. APYs, though now lower because of the pandemic and federal adjustments, are ...
By 1916 it was the largest bank in Iowa. [6] Because of anti-German sentiments that resulted from World War I the bank's name was changed in 1918 to American Commercial and Savings Bank. As the 1920s began, Davenport had 11 banks. American Commercial and Savings Bank absorbed the Security Savings Bank at this time.
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