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 19, 2017 | Wells Financial Corp. | Citizens Community Bancorp, Inc. |
| Aug 12, 2017 | Avon State Bank | American Heritage National Bank |
| Aug 1, 2017 | Lakes Area Federal Credit Union | Members Cooperative Credit Union |
| Jul 31, 2017 | Freedom Bancorporation, Inc. | Waseca Bancshares, Inc. |
| Jul 1, 2017 | Peoples Community Credit Union | Blaze Credit Union |
| Jul 1, 2017 | Pennington Municipal & County Credit Union | Soo Select Credit Union |
| May 13, 2017 | The First National Bank in Wadena | Wadena State Bank |
| May 1, 2017 | Collegeville Community Credit Union | Magnifi Financial Credit Union |
| Apr 6, 2017 | Saint James Public Schools Federal Credit Union | Northern Energy Federal Credit Union |
| Jan 1, 2017 | Employees First Credit Union | Ideal Credit Union |
| Dec 17, 2016 | First State Bank of Okabena (Incorporated) | Currie State Bank |
| Nov 30, 2016 | Avon Bancshares, Inc. | American Heritage Holding Company |
| Nov 5, 2016 | State Bank in Eden Valley | Farmers and Merchants State Bank of Pierz |
| Oct 22, 2016 | Provincial Bank | Frandsen Bank & Trust |
| Oct 8, 2016 | First Advantage Bank | Border Bank |
| Oct 3, 2016 | Landmark Investor Group, Inc. | Flagship Financial Group, Inc. |
| Oct 1, 2016 | Stonebridge Bank | American National Bank |
| Oct 1, 2016 | Eden Valley Bancshares, Inc. | Farmers & Merchants Agency, Inc. |
| Oct 1, 2016 | Landmark Community Bank, National Association | Flagship Bank Minnesota |
| Oct 1, 2016 | Ecolab Credit Union | Blaze Credit Union |
| Sep 10, 2016 | Paragon Bank | Peoples State Bank of Wells |
| Aug 27, 2016 | Capital Bank | Royal Credit Union |
| Jul 9, 2016 | Altura State Bank | Peoples State Bank of Plainview |
| May 21, 2016 | First National Bank of the Lakes | Bridgewater Bank |
| Apr 2, 2016 | Central Bank | MidWestOne Bank |
| Apr 1, 2016 | Babbitt Steelworkers Credit Union | Ely Area Credit Union |
| Mar 12, 2016 | Peoples State Bank of Madison Lake | Cornerstone State Bank |
| Jan 16, 2016 | Beacon Bank | Alerus Financial, N.A. |
| Jan 16, 2016 | Tacet Mortgage, Inc. | American Bank of the North |
| Jan 13, 2016 | Farmers and Merchants State Bank | Perennial Bank |
| Jan 13, 2016 | Winthrop State Bank | Perennial Bank |
| Jan 6, 2016 | Winthrop Bancshares, Inc. | Darwin Bancshares, Inc. |
| Jan 1, 2016 | Merchants Capital Resources, Inc. | Merchants Bank, N.A. |
| Dec 12, 2015 | First State Bank of Fertile | Red River State Bank |
| Dec 1, 2015 | Queen Employees Credit Union | Accentra Credit Union |
| Oct 31, 2015 | Saint Cloud City & County Employees Credit Union | Saint Cloud Financial Credit Union |
| Oct 1, 2015 | Murphy Credit Union | Blaze Credit Union |
| Oct 1, 2015 | Community Bank Corporation | Charter Bank |
| Sep 1, 2015 | Western Bank, National Association | American National Bank |
| Aug 15, 2015 | First Bank & Trust, National Association | First Bank & Trust |
| Aug 15, 2015 | Kasson State Bank | Home Federal Savings Bank |
| Aug 1, 2015 | Clements Federal Credit Union | Southpoint Financial Credit Union |
| Jul 17, 2015 | St James Federal Savings and Loan Association | Wells Federal Bank |
| Jul 1, 2015 | Lake State Credit Union | Members Cooperative Credit Union |
| Jun 15, 2015 | American Bank of St. Paul | Deerwood Bank |
| Jun 13, 2015 | Neighborhood National Bank | Neighborhood National Bank |
| Jun 6, 2015 | State Bank of Park Rapids | Northview Bank |
| Jun 1, 2015 | Marquette Financial Companies | UMB Financial Corporation |
| May 2, 2015 | Central Bancshares, Inc. | Midwestone Financial Group, Inc. |
| Apr 15, 2015 | Voyager Bank | Anchor Bank, National Association |
The list holds the 500 most recent of 1,154 mergers.