Bank Holding Company
WASECA BANCSHARES INC
0 active banks · 3 merged/absorbed
RSSD ID: 1142989
Bank Charters
Each charter is examined independently for CRA compliance. Legacy entities were merged or absorbed during corporate consolidation.
ROUNDBANK
Merged 2021WASECA, MN · FDIC · $379M
SatisfactoryLAKE AREA BANK
Merged 2022LINDSTROM, MN · FDIC · $149M
SatisfactoryAMERICAN SAVINGS, INC.
Merged 2008FARMINGTON, MN · FDIC · $5M
Satisfactory
| Charter | Location | Regulator | Assets | Current Rating | Exam Date |
|---|---|---|---|---|---|
| ROUNDBANKMerged 2021 | WASECA, MN | FDIC | $379M | Satisfactory | Mar 2020 |
| LAKE AREA BANKMerged 2022 | LINDSTROM, MN | FDIC | $149M | Satisfactory | Oct 2019 |
| AMERICAN SAVINGS, INC.Merged 2008 | FARMINGTON, MN | FDIC | $5M | Satisfactory | Nov 2004 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.