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1 May 1943 – 1 April 1987
The second proven bank opens on a federal date. The FDIC's institution history for the Community State Bank of North Liberty (Certificate 15942, state charter, headquarters on Main Street) carries exactly two events: its establishment on 1 May 1943, and its merger — without assistance — effective 1 April 1987 into 1st Source Bank of South Bend (Certificate 9087), which acquired one branch. No name-change event stands in that history, and no 1927 closing: on the federal record this is a new institution of 1943. Its founders, first officers and directors, and its capital at any dated point were not found and stand as a named gap, their settlers the Indiana banking department's 1943–44 reports and the FDIC's fuller history print.
Seventeen years into its course the bank built the house it is still known by. The nomination (§7) describes "Community State Bank, 109 North Main Street. 1960. Contributing. Modern" — one story, tan brick, flat roof, wide overhanging eaves, a square clock above the fascia — and dates it whole: "Construction began in April and the new bank was opened in August. Aldrich Construction Company of North Liberty constructed the building," with "the new feature of a drive-up window on the north side." Its bibliography carries the hometown source: "New Home for Community State Bank," North Liberty News, 21 April 1960. The adjoining O'Connor Electric Shop storefront at 109 North Main was later incorporated into the bank building. The old bank building at 125 North Main passed the same season to a barber: "Ted Stepanek purchased this building from the bank and relocated his barber shop from the Hoffman Building to this location in September, 1960" — a barber shop still traded from that storefront when the nomination was written. A 1967 compliments advertisement in the North Liberty High School yearbook still reads "COMMUNITY STATE BANK, North Liberty, Indiana" — the name trading twenty years before the merger.
One step in the bank's course stands outside the FDIC's two events, and it prints here so the merger is not misread as the bank's first outside ownership. The Federal Reserve's H.2 release for the week ending 2 November 1985 lists, among applications received to form a bank holding company: "Community Bancorp, Inc., Hammond, Indiana — for approval to acquire 100 percent of the voting shares of Community State Bank, North Liberty, Indiana." That is an application received, printed at that strength — not an approval; a holding-company acquisition is not an institution-history event of the bank itself, which is why the FDIC history does not show it. The application's disposition, and the ownership chain from Community Bancorp into the 1987 merger, stand as a named gap; their settlers are the subsequent H.2 releases and 1st Source Corporation's 1986–87 reports and filings. The merger's own terms as announced in April 1987, and what happened to staff, name, and signage at the change, likewise stand as a named gap, their settlers the South Bend Tribune and North Liberty News of that month and 1st Source's 1987 annual report. One echo of the charter survives in the branch record itself: a secondary aggregator's listing of the surviving branch prints "branch established on 1943/05/01" — the FDIC branch record carrying the 1943 establishment date forward onto the office that outlived the bank.