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About Adrian State Bank
Adrian State Bank was born out of Bishop Ireland's Colony in Adrian in the middle 1870's, when almost overnight, a cold and lonely prairie "boomed" with Irish and German immigrants from the eastern part of the United States.
In 1889, an application was made to organize a State Bank. The report of condition of the bank in 1889 reflects assets totaling $42,289.21. The first meeting of the shareholders was October 7, 1889 with by-laws presented and accepted. At that time, all stockholders then signed an organization certificate. The state charter was issued by Superintendent of Banks, M.D. Kenyon, dated October 23, 1889.
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