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Failed Bank Information for Evergreen State Bank, Stoughton, WI

On Friday, January 28, 2011, Evergreen State Bank was closed by the Wisconsin State Department of Financial Institutions. The FDIC was named Receiver. McFarland State Bank, McFarland, WI acquired all deposit accounts.

The FDIC as Receiver for Evergreen State Bank, Stoughton, WI has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on February 08, 2019 and has made all dividend distributions required by law.

Effective September 1, 2019, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination

Effective Date: September 1, 2019


Notice of Intent to Terminate

Publication Date: February 8, 2019

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware of scams!

Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

caution

Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: MCFARLAND STATE BANK

About McFarland State Bank

All deposit accounts, excluding certain brokered deposits, were transferred to McFarland State Bank, McFarland, WI ("assuming institution"). Former Evergreen State Bank locations reopened as branches of McFarland State Bank.

Your transferred deposits were separately insured from any accounts you may have already had at McFarland State Bank for at least six months after the failure of Evergreen State Bank.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with McFarland State Bank as long as the deposits are not pledged as collateral for loans.

Contacting McFarland State Bank

You can contact McFarland State Bank:

McFarland State Bank
5990 US-51
McFarland, WI 53558

McFarland State Bank (www.msbonline.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (4.37 Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank