Skip to main content

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).

70
Failures
1,154
Mergers
333
Enforcement
→
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
Apr 1, 2013 Park Schools Credit Union Expedition Credit Union
Apr 1, 2013 Franklin National Bank of Minneapolis Sunrise Banks, N.A.
Mar 23, 2013 Blaine State Bank Cortrust Bank N.A.
Mar 16, 2013 The Buffalo Ridge Bank First Independent Bank
Feb 23, 2013 RiverWood Bank RiverWood Bank, National Association
Feb 16, 2013 Atwater State Bank Harvest Bank
Feb 16, 2013 First Financial Bank First National Bank Mahnomen Twin Valley
Jan 1, 2013 Healtheast Employees Credit Union Associated Healthcare Credit Union
Jan 1, 2013 First Community Bank Silver Lake First Community Bank
Dec 17, 2012 Murdock Bancor, Inc. Forstrom Bancorporation, Inc.
Dec 1, 2012 Ashby Federal Credit Union Mid Minnesota Federal Credit Union
Nov 17, 2012 Citizens State Bank of Shakopee Stonebridge Bank
Nov 12, 2012 U.S. Bancorp Construction Funding, Inc. U.S. Bank N.A.
Nov 1, 2012 Northcountry Cooperative Federal Credit Union Northwinds Federal Credit Union
Sep 29, 2012 Rochester Dairy Cooperative Credit Union First Alliance Credit Union
Sep 22, 2012 First National Bank Bell Bank
Aug 1, 2012 Elkton Bancshares, Inc. Adams Bancshares, Inc.
Jul 1, 2012 Community Bank, Austin Community National Bank
Jul 1, 2012 M&I Business Credit, LLC BMO Bank N.A.
Jul 1, 2012 Moorhead Federal Credit Union Magnifi Financial Credit Union
Jul 1, 2012 Fergus Falls Community Federal Credit Union Otter Tail Credit Union
May 21, 2012 Evergreen Bancshares, Inc. Mesaba Bancshares, Inc.
May 1, 2012 State Bank of Bricelyn Farmers Trust & Savings Bank
Apr 21, 2012 Farmers State Bank of Dent United Community Bank
Apr 1, 2012 State Bank of Cokato Kensington Bank
Mar 31, 2012 Ely Steelworkers Credit Union Northridge Community Credit Union
Mar 17, 2012 State Bank of Bird Island Frandsen Bank & Trust
Jan 1, 2012 Kato Engineering Employees Credit Union Minnesota Valley Federal Credit Union
Jan 1, 2012 Catholic Credit Union Catholic United Financial Credit Union
Dec 31, 2011 State Bank of Lucan First Independent Bank
Dec 15, 2011 Nero Limited, LLC Wells Fargo & Company
Dec 1, 2011 Bluestone Federal Credit Union Associated Healthcare Credit Union
Dec 1, 2011 Target Corporation Credit Union Baxter Credit Union
Oct 15, 2011 Security State Bank of Howard Lake Citizens Alliance Bank
Oct 1, 2011 Minnesota Valley Credit Union Heartland Credit Union
Oct 1, 2011 Heart of the Lakes Credit Union Magnifi Financial Credit Union
Oct 1, 2011 First State Bank of Alexandria BlackRidgeBANK
Oct 1, 2011 Lakewood Bank, National Association BlackRidgeBANK
Aug 27, 2011 Canton State Bank First Southeast Bank
Aug 20, 2011 Queen City Federal Savings Bank Frandsen Bank & Trust
Aug 6, 2011 First Western Bank & Trust First Western Bank and Trust
Aug 1, 2011 Greater Bay Bancorp Wells Fargo & Company
Aug 1, 2011 Placer Sierra Bancshares Wells Fargo & Company
Aug 1, 2011 Century Bancshares, Inc. Wells Fargo & Company
Jul 30, 2011 First National Bank of the North Northview Bank
Jul 1, 2011 Ukrainian Credit Union Trustone Financial Credit Union
Jul 1, 2011 Minnesota Catholic Credit Union Minnesota Catholic Credit Union
Jun 3, 2011 Farmers State Bank of Sherburn Bank Midwest
Apr 9, 2011 First Security Bank - Lake Benton First Security Bank - Canby
Apr 1, 2011 Como Northtown Community Credit Union Topline Financial Credit Union

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

Explore: Minnesota bank directory · Minnesota bank failures · all events · browse by acquirer