Vergas State Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Vergas, Minnesota, established in 09/01/1909. Operating with a focus on Other Specialized Under 1 Billion, it offers a broad range of financial services across its 1 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Vergas State Bank reported total assets of $54,249 and manages deposits totaling $46,548 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $69 thousands last year. For more details, visit their website at www.vergasstatebank.com.
Bank Information:
- Bank Name: Vergas State Bank
- Address: 106 E Main St, Vergas, Otter Tail, MN, 56587
- Website: www.vergasstatebank.com
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Other Specialized Under 1 Billion
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 1
- Number of Foreign Offices: 0
- Total Assets: $54,249
- Total Deposits: $46,548
- Domestic Office Deposits: $46,548
Financial Data:
- Net Income (Attributable to Bank): $69
Establishment and Record:
- Established Date: 09/01/1909
- Last Recorded Data on: 04/12/2024