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 |
|---|---|---|
| Jan 1, 2020 | Winthrop Resources Corporation | TCF National Bank |
| Dec 2, 2019 | First State Bank of Ashby | Viking Bank, N.A. |
| Dec 1, 2019 | Electrus Federal Credit Union | Blaze Credit Union |
| Oct 26, 2019 | Republic Bank, Inc. | National Bank of Commerce |
| Oct 26, 2019 | Republic Bancshares, Inc. | Natcom BANCSHARES,INC. |
| Aug 24, 2019 | The Nicollet County Bank of Saint Peter | Pioneer Bank |
| Aug 17, 2019 | Farmers and Merchants State Bank of Sacred Heart | Citizens Alliance Bank |
| Aug 17, 2019 | First Minnesota Bank | Cortrust Bank N.A. |
| Aug 1, 2019 | TCF Financial Corporation | TCF Financial Corporation |
| Jul 13, 2019 | State Bank of Hamburg | Security Bank & Trust Company |
| Jul 1, 2019 | Energy Services Federal Credit Union | Blaze Credit Union |
| Jul 1, 2019 | Starcor Credit Union | Saint Cloud Financial Credit Union |
| Apr 27, 2019 | State Bank of Marietta | Prairie Sun Bank |
| Apr 1, 2019 | Soo Line Credit Union | Magnifi Financial Credit Union |
| Feb 23, 2019 | Unity Bank | Unity Bank |
| Feb 23, 2019 | Unity Bank North | Unity Bank |
| Feb 2, 2019 | First State Bank of Wabasha | WNB Financial, N.A. |
| Jan 14, 2019 | Exchange State Bank | Security Savings Bank |
| Jan 1, 2019 | Mill City Credit Union | City & County Credit Union |
| Jan 1, 2019 | Bremer Trust, N.A. | Bremer Bank, National Association |
| Jan 1, 2019 | Minnesota Ore Operations Employees Credit Union | Northridge Community Credit Union |
| Dec 1, 2018 | North American State Bank | Kensington Bank |
| Nov 1, 2018 | KleinBank | Old National Bank |
| Nov 1, 2018 | Soo Select Credit Union | Wings Financial Credit Union |
| Nov 1, 2018 | Klein Financial, Inc. | Old National Bancorp |
| Oct 13, 2018 | First State Bank of Clearbrook | Border Bank |
| Oct 13, 2018 | First National Bank Mahnomen Twin Valley | United Valley Bank |
| Sep 29, 2018 | Brooks Community Federal Credit Union | North Star Credit Union |
| Sep 22, 2018 | Security State Bank of Lewiston | Minnwest Bank |
| Sep 15, 2018 | Venture Bank | Choice Financial Group |
| Aug 4, 2018 | State Bank of Delano | Cortrust Bank N.A. |
| Jul 2, 2018 | Kes Bancshares, Inc. | Benic Holdings, Inc. |
| Jun 23, 2018 | State Bank of Richmond | Falcon National Bank |
| Jun 23, 2018 | Community Pride Bank | Falcon National Bank |
| Apr 28, 2018 | Plaza Park State Bank | Deerwood Bank |
| Apr 28, 2018 | The Pioneer National Bank of Duluth | Park State Bank |
| Apr 1, 2018 | Agassiz Federal Credit Union | First Community Credit Union |
| Apr 1, 2018 | Floodwood Area Credit Union | Northwoods Credit Union |
| Apr 1, 2018 | West Financial Credit Union | Sharepoint Credit Union |
| Mar 3, 2018 | The First National Bank of Battle Lake | MY Kind of Bank, N.A. |
| Feb 24, 2018 | Signature Bancshares, Inc. | Heartland Financial USA, Inc. |
| Feb 24, 2018 | Signature Bank | Minnesota Bank & Trust |
| Feb 10, 2018 | Mico Employees Credit Union | Northern Energy Federal Credit Union |
| Jan 1, 2018 | Northern Pacific Duluth Federal Credit Union | North Star Credit Union |
| Dec 2, 2017 | State Bank of New Prague | First Bank & Trust |
| Dec 2, 2017 | Peoples Bank of Commerce | First Bank & Trust |
| Nov 1, 2017 | Anchor Bank, National Association | Old National Bank |
| Nov 1, 2017 | Anchor Bancorp, Inc. | Old National Bancorp |
| Oct 14, 2017 | Nashwauk Federal Credit Union | North Star Credit Union |
| Aug 19, 2017 | Wells Federal Bank | Ccfbank N.A. |
The list holds the 500 most recent of 1,154 mergers.