Bank Holding Company
KERNDT BANK SERVICES INC
Legal name: KERNDT BANK SERVICES, INC.
1 active bank · 2 merged/absorbed · $351M combined assets
RSSD ID: 1203590 (FFIEC NIC)
Combined Assets
$351M
CRA Rating Summary
Satisfactory1charter
At a Glance
Dominant CRA Rating
Satisfactory
1 of 1 bank · Meets expectations for community lending
Combined Assets
$351M
1 active bank
Bank Charters
Each charter is examined independently for CRA compliance. Legacy entities were merged or absorbed during corporate consolidation.
KERNDT BROTHERS SAVINGS BANK
LANSING, IA · FDIC · $351M
SatisfactoryFARMERS SAVINGS BANK
Merged 2003WEST UNION, IA · FDIC · $49M
OutstandingFAMILY MERCHANTS BANK
Merged 2009CEDAR RAPIDS, IA · FDIC · $37M
Satisfactory
| Charter | Location | Regulator | Assets | Ownership | Current Rating | Exam Date |
|---|---|---|---|---|---|---|
| KERNDT BROTHERS SAVINGS BANK | LANSING, IA | FDIC | $351M | 100.0% | Satisfactory | Jan 2022 |
| FARMERS SAVINGS BANKMerged 2003 | WEST UNION, IA | FDIC | $49M | — | Outstanding | Aug 1998 |
| FAMILY MERCHANTS BANKMerged 2009 | CEDAR RAPIDS, IA | FDIC | $37M | — | Satisfactory | Jul 2007 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.