Central State Bank - Then
"We have the pleasure to announce to you that, effective on the morning of Thursday, the 12th of November, 1931, the business of the First National Bank and the Elkader State Bank will be merged into one institution and known as The Central State Bank & Trust Company of Elkader, Iowa. Men of known integrity, experience and financial ability are in charge, and we believe the future will show both the wisdom and the usefulness of the step, which has been taken."
- Clayton County Register, November 21, 1931
Central State Bank - Now
Since 1931, Central State Bank has gone on to purchase St. Olaf State Bank in 1958, now closed. Volga State Bank was purchased on April 12, 1966, and we still have an office there today. Our Drive-Up facility was opened in 1989 and the First State Bank, with offices in McGregor and Marquette, was acquired in 1990. In October of 2010, Central State Bank merged with its sister bank, Corridor State Bank, with offices in Coralville and Iowa City. The most recent acquisition was the purchase of Farmers Savings Bank in Walford, Iowa on December 31, 2012. With the last acquisition, we are pleased to state that we have eight locations available to provide you with better service. Please don't hesitate to contact us in person or by phone. We look forward to serving you!