State Hub
Bank Events in Minnesota
Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Minnesota (MN).
Failures in Minnesota
| Date | Bank | Assets |
|---|---|---|
| Dec 4, 1986 | First National Bank of Stewartville | $18.5M |
| Nov 7, 1986 | Chokio State Bank | $11.9M |
| Jul 11, 1986 | Farmers State Bank of Clarissa | $17.9M |
| Mar 14, 1986 | Farmers & Merchants St BK of Lamberton | $17.1M |
| Dec 20, 1985 | State Bank of Frost | $7.7M |
| Oct 18, 1985 | Farmers State Bank of Kanaranzi | $3.9M |
| Aug 2, 1985 | Farmers State Bank of Round Lake | $23.2M |
| Jun 14, 1985 | Swift County Bank | $41.6M |
| May 31, 1985 | First Trust Bank of Lakefield | $24.3M |
| Feb 15, 1985 | Citizens State Bank of Fulda | $39.4M |
| Oct 24, 1984 | State Bank of Boyd | $7.1M |
| Jul 19, 1984 | The Guaranty BK of Saint Paul | $28.6M |
| May 24, 1984 | First Nat BK of Prior Lake | $12.2M |
| May 4, 1984 | The First Nat BK of Rushford | $22.0M |
| Feb 9, 1983 | State Bank of Barnum | $13.9M |
| Jan 21, 1942 | Palisade State Bank | $91K |
| Jan 5, 1939 | The First National Bank of Preston | $304K |
| Sep 2, 1938 | First State Bank | $135K |
| Oct 7, 1937 | Farmers State Bank of Carlisle | $99K |
| Sep 13, 1934 | Farmers State Bank of Bongards | $91K |
Mergers & Acquisitions involving Minnesota banks
| Date | Acquired (MN) | Acquirer |
|---|---|---|
| Aug 3, 2026 | Root River State Bank | First National Bank |
| Aug 3, 2026 | First State Bank of Fountain | First National Bank |
| Jul 1, 2026 | Heartland Credit Union | Novation Credit Union |
| May 9, 2026 | Riverland Bancorporation | Olmsted Holding Corporation |
| May 9, 2026 | Riverland Bank | Eagle Rock Bank |
| Apr 10, 2026 | First State Bank of Wyoming | First Resource Bank |
| Apr 1, 2026 | Catholic United Financial Credit Union | Notre Dame Federal Credit Union |
| Apr 1, 2026 | Peoples State Bank of Wells | Farmers Trust & Savings Bank |
| Feb 21, 2026 | First Community Bank | Prinsbank |
| Feb 14, 2026 | Citizens State Bank of Waverly, Inc. | Harvest Bank |
| Jan 17, 2026 | Adrian State Bank | Premier Bank |
| Jan 1, 2026 | Wings Financial Credit Union | Wings Credit Union |
| Jan 1, 2026 | CenBank | Grand Marais State Bank |
| Dec 6, 2025 | First National Bank | Park State Bank |
| Dec 6, 2025 | Frost State Bank | Fidelity Bank & Trust |
| Oct 1, 2025 | Great River Federal Credit Union | Credit Union 1 |
| Oct 1, 2025 | Wells Fargo Funding, LLC | Wells Fargo Bank, N.A. |
| Sep 19, 2025 | Randall Bancorp, Inc. | Security State Agency of Aitkin, Inc. |
| Aug 28, 2025 | Jackson Federal Savings and Loan Association | Worthington Federal Savings Bank, F.S.B. |
| Jul 12, 2025 | First Security Bank-Hendricks | First Independent Bank |
| Jul 1, 2025 | City and County Employees Federal Credit Union | Affinity Plus Federal Credit Union |
| May 1, 2025 | Bremer Bank, National Association | Old National Bank |
| May 1, 2025 | Bremer Financial Corporation | Old National Bancorp |
| Apr 26, 2025 | Franklin State Bank | The Wanda State Bank |
| Apr 1, 2025 | 1st United Bank | Community Resource Bank |
| Feb 1, 2025 | DFG Holdings, LLC | WFC Holdings, LLC |
| Jan 1, 2025 | Proctor Federal Credit Union | Centricity Credit Union |
| Jan 1, 2025 | Cities Credit Union | Minnco Credit Union |
| Jan 1, 2025 | First State Bank of Sauk Centre | Pine Country Bank |
| Dec 14, 2024 | First Minnetonka City Bank | Bridgewater Bank |
| Dec 14, 2024 | RiverWood Bank, National Association | National Bank of Commerce |
| Dec 14, 2024 | Great River Holding Company | Natcom BANCSHARES,INC. |
| Oct 10, 2024 | Home Federal Savings Bank | Alerus Financial, N.A. |
| Oct 10, 2024 | HMN Financial, Inc. | Alerus Financial Corporation |
| Oct 1, 2024 | Red Rock Bank | Midcountry Bank |
| Sep 21, 2024 | Community Development Bank, FSB | Deerwood Bank |
| Aug 1, 2024 | Anoka Hennepin Credit Union | Topline Financial Credit Union |
| Jul 1, 2024 | State Bank of Danvers | Lake Central Bank |
| May 4, 2024 | Lake City Federal Bank | Forward Bank |
| Apr 20, 2024 | Flagship Bank Minnesota | Security Bank & Trust Company |
| Mar 4, 2024 | Star Choice Credit Union | Sharepoint Credit Union |
| Feb 10, 2024 | Cambridge State Bank | Security Bank & Trust Company |
| Feb 10, 2024 | Financial Security Bank | Bravera Bank |
| Jan 1, 2024 | Lake Community Bank | Midcountry Bank |
| Jan 1, 2024 | Hiway Credit Union | Blaze Credit Union |
| Jan 1, 2024 | Security Bancshares Co. | Flagship Financial Group, Inc. |
| Dec 27, 2023 | Bremer Investments, Inc. | Bremer Bank, National Association |
| Dec 15, 2023 | Granite Mortgage, LLC | Granite Bank |
| Dec 1, 2023 | State Bank of Lismore | First Western Bank and Trust |
| Dec 1, 2023 | Lismore Financial Services, Inc. | Westbrand, Inc. |
The list holds the 500 most recent of 1,154 mergers.