State Bank of Frost Information

Basic Information

Bank Name: State Bank of Frost
Status: Inactive [Since 1985-12-20]

Address:
Main Street
Frost, Minnesota 56033
United States

General Information

Established: 1800-01-01
Total Branches: 1
Assets: $ 7,736,000
Deposits: $ 6,603,000

FDIC Information

Certificate No.: 1917
Insurance: 1934-01-01
Unique ID: 1282
Structural Event: Absorption - Assisted
Supervisory Region: Kansas City

Federal Reserve District: Minneapolis
Federal Reserve ID No.: 72856
Geographic Region: Not Mentioned
Supervisory Region: Kansas City
Field Office: Mankato
Supervisory Office: Kansas City

More Information

County: Faribault
State & County No.: 27043
State Identification Code: 27
Interstate Branches: No
Conservatorship: No
CMSA Division No.: No

Trust Powers: Yes
CSA:
CSA Code: 0
CBSA:
CBSA Code: 0
CBSA Metropolitan Statistical Areas:
CBSA Division:
CBSA Division Number: 0
FFIEC Call Report 31 Filer: No

Chartering Agency: STATE
OCC Charter Number: 0
Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Insurance Fund Membership: Bank Insurance Fund (BIF)
Office of Thrift Supervision Region: West
Regulator:
Office of the Comptroller (OCC) Districts: Central

Report Date: 30 September 1985, Last Updated: 5 October 2018

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Professional and solid bank. Robert Ragasa at the Kamuela Branch was very helpful and professional. If you are looking for a solid bank: look no further.
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Stay away from this bank, they are Crooks! In the 3 years that I have been banking with Wells Fargo I have sent hundreds of wires out to foreign country’s and received some wires back to the US. When i received a wire for $21000 and they closed my account without any notice i then received a form email that they closed my account for receiving an unsolicited wire. The local bank manager just shrug his shoulders. Stay away from this bank they are fee crooks.
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