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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.
In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [ 1 ] [ 2 ] Overview
SHAZAM is a United States–based interbank network and EFTPOS network headquartered in Johnston, Iowa that operates primarily in the Midwestern United States. The network was founded in 1976 and is a member-owned financial services and payments processing company. [1] [2]
Its first office was located in a hardware store office. In 1938, First State Bank's assets were the largest of any town in Nebraska with a population of 1,000 or less. The Lauritzen family purchased First State Bank in 1952. First State Bank added a branch in Alma by purchasing the Harlan County Bank in 2006. [14]
The bank was purchased by Central Bancshares, Inc., on April 1, 2015 and concurrently merged into Central State Bank, Muscatine, Iowa. It continued to operate under its former name, as an office of Central State Bank until September 1, 2015, when all Central State Bank locations were combined under the same name and branding of CBI Bank & Trust.
Over the years it was known as Cedar County Bank, First National Bank of Tipton, and City National Bank. The directors of City National Bank voted on March 28, 1923, to build a new bank building. They hired the Clinton, Iowa architectural firm J.C. Woods & Co. to design the Neoclassical style structure. Construction was completed in 1924.
Iowa State Bank started as Baumann Brothers Bank in 1879. Ten years later, it was renamed Iowa State Bank. It closed for a short period during the Great Depression and was reopened in 1934. [36] American State Bank moved to Hull in 2004, and constructed a new building in 2007. It also has branches in Alvord, Granville, Hospers, and Sioux Center ...
The State Bank of Stratford is a historic building located in Stratford, Iowa, United States. The bank opened for business in 1891, eight years after the town was incorporated. Its early success reflected the prosperity in rural Iowa at the time. [2] The bank occupied this corner since 1910, and this building was completed in 1918.