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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).

70
Failures
1,154
Mergers
333
Enforcement
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Bank Directory
All Minnesota banks

Failures in Minnesota

Date Bank City Assets Acquirer or resolution
Dec 4, 1986 First National Bank of Stewartville Stewartville $18.5M Marquette Bank Rochester
Nov 7, 1986 Chokio State Bank Chokio $11.9M First State Bank Chokio
Jul 11, 1986 Farmers State Bank of Clarissa Clarissa $17.9M First STB of Rush City
Mar 14, 1986 Farmers & Merchants St BK of Lamberton Lamberton $17.1M American Bank Mankato
Dec 20, 1985 State Bank of Frost Frost $7.7M Frost State Bank
Oct 18, 1985 Farmers State Bank of Kanaranzi Kanaranzi $3.9M Citizens STB of Silver L
Aug 2, 1985 Farmers State Bank of Round Lake Round Lake $23.2M Farmers STB of Mountain
Jun 14, 1985 Swift County Bank Benson $41.6M First Security STB Sleep
May 31, 1985 First Trust Bank of Lakefield Lakefield $24.3M Fulda State Bank
Feb 15, 1985 Citizens State Bank of Fulda Fulda $39.4M Fulda State Bank
Oct 24, 1984 State Bank of Boyd Boyd $7.1M State Bank of Madison
Jul 19, 1984 The Guaranty BK of Saint Paul St. Paul $28.6M Shelard National Bank
May 24, 1984 First Nat BK of Prior Lake Prior Lake $12.2M First NB of Shakopee
May 4, 1984 The First Nat BK of Rushford Rushford $22.0M Goodhue CNTY NB of Red W
Feb 9, 1983 State Bank of Barnum Barnum $13.9M —
Jan 21, 1942 Palisade State Bank Palisade $91K —
Jan 5, 1939 The First National Bank of Preston Preston $304K —
Sep 2, 1938 First State Bank Hewitt $135K —
Oct 7, 1937 Farmers State Bank of Carlisle Carlisle $99K —
Sep 13, 1934 Farmers State Bank of Bongards Bongards $91K —

Mergers & Acquisitions involving Minnesota banks

Date Acquired (MN) Acquirer
Sep 4, 2003 Fidelity Bancorporation, Inc. Ibid, Inc.
Sep 4, 2003 Texas Bancshares Subsidiary Corporation Ibid, Inc.
Sep 3, 2003 Tejas Bancshares, Inc. Ibid, Inc.
Sep 2, 2003 KC Credit Union Firefly Federal Credit Union
Sep 2, 2003 State Bank of Moorhead Bell Bank
Aug 11, 2003 Border State Bank Border Bank
Jul 31, 2003 Martin County Fidelity Bancshares Company Profinium Financial Holdings, Inc.
Jul 30, 2003 First Security Corporation Servus Financial Corporation
Jul 14, 2003 First State Bank of Emmons Security Bank Minnesota
May 12, 2003 First National Bank Border Bank
Apr 11, 2003 First National Bank State Bank Financial
Apr 7, 2003 Northern Plains Bancshares, Inc. Border Bancshares, Inc.
Feb 28, 2003 Pine Island Bancshares, Inc. Zumbrota Agency, Inc.
Feb 1, 2003 Minnesota United Methodist Federal Credit Union United Methodist First Choice Federal Credit Union
Jan 1, 2003 MFC, Inc. Marquette Financial Companies
Jan 1, 2003 U.S. Bancorp Information Services, Inc. U.S. Bank N.A.
Dec 19, 2002 Prime Bancshares, Inc. WFC Holdings, LLC
Dec 16, 2002 1st Choice Financial Corp. First Commerce Bancshares, Inc.
Dec 13, 2002 Buffalo National Bancshares, Inc. Wells Fargo & Company
Dec 13, 2002 Texas Bancshares, Inc. Wells Fargo & Company
Nov 16, 2002 Security State Bank of Deer Creek Wadena State Bank
Nov 9, 2002 21st Century Bank 21st Century Bank
Nov 1, 2002 Cba Bancshares, Inc. Marquette Financial Companies
Sep 14, 2002 The Midway National Bank of St. Paul American Bank of St. Paul
Aug 23, 2002 Merchants State Bank of Lewisville Farmers State Bank of Madelia, Incorporated
Aug 16, 2002 Viking Bank Northwestern Bank, N.A.
Jul 16, 2002 Baron Bancshares II, Inc. Wadena Bankshares, Inc.
Jul 13, 2002 Marquette Bank, National Association Wells Fargo Bank Minnesota, National Association
Jul 13, 2002 Marquette Capital Bank, N.A. Wells Fargo Bank Minnesota, National Association
Jul 1, 2002 Arrowhead Cooperative Credit Union Members Cooperative Credit Union
Jul 1, 2002 F & M Community Bank, N.A. F & M Community Bank, N.A.
Jul 1, 2002 Advance Acceptance Corporation First Western Bank and Trust
Jun 28, 2002 Citizens State Bank of Gaylord Progrowth Bank
Jun 25, 2002 Oakley Holding Company Klein Financial, Inc.
Jun 25, 2002 Preferred Bancshares, Inc. Klein Financial, Inc.
Jun 25, 2002 R.O.M. Financial Services, Inc. Klein Financial, Inc.
Jun 15, 2002 Associated Bank Minnesota Associated Bank Minnesota, National Association
Jun 15, 2002 Signal Bank South National Association Associated Bank Minnesota, National Association
Jun 10, 2002 Norkitt Bancorp, Inc. Marshall BankFirst Corporation
Jun 1, 2002 Menahga Co-Op Federal Credit Union Trustar Federal Credit Union
Jun 1, 2002 Richfield Bank & Trust Co. M&I Marshall and Ilsley Bank
Jun 1, 2002 Century Bank, National Association M&I Marshall and Ilsley Bank
Jun 1, 2002 K. Roberts, Inc. Northwestern Bancshares, Inc.
Apr 1, 2002 Mountain Iron First State Bank American Bank of the North
Apr 1, 2002 Signal Trust Company N.A. Associated Trust Company, N.A.
Apr 1, 2002 American Bank of the North American Bank of the North
Apr 1, 2002 Albert Lea Interstate Employees Credit Union City and County Employees Federal Credit Union
Mar 6, 2002 Claremont Financial Services, Inc. Equity Bank Holding Company, Inc.
Mar 1, 2002 Pillar Federal Credit Union Mill City Credit Union
Mar 1, 2002 Century Bancshares, Inc. M&I LLC

The list holds the 500 most recent of 1,154 mergers.

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