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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
Jun 23, 2007 The First National Bank of Hudson Associated Bank, N.A.
Jun 8, 2007 Fortress Bank Minnesota Eastwood Bank
May 1, 2007 Yellow Medicine County Bank Citizens Alliance Bank
Apr 1, 2007 University of Minnesota Federal Credit Union Firefly Federal Credit Union
Mar 14, 2007 Maple Lake Bancorporation First National Financial Services Inc.
Mar 1, 2007 U.S. Bancorp Licensing, Inc. U.S. Bank N.A.
Jan 1, 2007 Usb Holdings, Inc. U.S. Bancorp
Jan 1, 2007 University Financial Corp. University Financial Corp, GBC dba Sunrise Banks
Dec 31, 2006 TCF Mortgage Corporation TCF National Bank
Dec 30, 2006 Unity Bank Central Unity Bank
Dec 30, 2006 Unity Bank, National Association Unity Bank
Dec 27, 2006 Carlos Bancshares, Inc. Blackridge Financial, Inc.
Dec 27, 2006 Pine Bankshares, Inc. Frandsen Financial Corporation
Dec 8, 2006 First National Agency Company of Deer River Inc. Finlayson Bancshares, Inc.
Dec 2, 2006 The First National Bank of Deer River Northview Bank
Dec 2, 2006 Anchor Bank Saint Paul Anchor Bank, National Association
Oct 1, 2006 Sourceone Federal Credit Union Firefly Federal Credit Union
Sep 11, 2006 Citizens State Bank of Waterville Valley Bank
Sep 11, 2006 Rural American Bank - Hector/Fairfax Valley Bank
Jul 29, 2006 United Valley Bank United Valley Bank
Jun 17, 2006 State Bank of Rogers Wells Fargo Bank, N.A.
Jun 10, 2006 United Prairie Bank-New Ulm United Prairie Bank
Jun 10, 2006 United Prairie Bank - Madison United Prairie Bank
Jun 10, 2006 United Prairie Bank-Jackson United Prairie Bank
Jun 10, 2006 United Prairie Bank-Slayton United Prairie Bank
May 19, 2006 Yellow Medicine Bancshares, Inc. Forstrom Bancorporation, Inc.
May 6, 2006 United Prairie Bank-Spicer United Prairie Bank
May 6, 2006 United Prairie Bank - Owatonna United Prairie Bank
Apr 6, 2006 Valley Bancshares, Inc. Blackridge Financial, Inc.
Apr 1, 2006 Power Makers Credit Union NSP Credit Union
Apr 1, 2006 Centennial National Bank Bank Forward
Mar 18, 2006 Security State Bank of Sebeka Community First Bank
Mar 11, 2006 Jasper State Bank Peoples Bank
Mar 11, 2006 Pipestone County Bancorp Peoples Bancorp
Mar 4, 2006 Rural American Bank - Foley Frandsen Bank & Trust
Feb 11, 2006 Midwest Bank, National Association Midwest Bank
Dec 31, 2005 Jdob, Inc. First National Bank of the North
Dec 31, 2005 Minnesota Mutual Companies Credit Union Think Mutual Bank
Dec 17, 2005 Border State Bank of International Falls Border Bank
Nov 19, 2005 Bremer Bank, N.A. Bremer Bank, National Association
Oct 24, 2005 Olivia Bancorporation, Inc. American Bancorporation
Oct 24, 2005 American State Bank of Olivia American Bank of St. Paul
Oct 1, 2005 Security State Bank of Mankato First National Bank Minnesota
Oct 1, 2005 McKee Employees Federal Credit Union Riverview Credit Union
Oct 1, 2005 First State Bank, Lake Lillian, Minnesota Citizens Alliance Bank
Aug 1, 2005 Wells Fargo Business Credit, Inc. Wells Fargo Bank, N.A.
Jul 22, 2005 Sebeka Bancshares, Inc. Menahga Bancshares, Inc.
Jul 16, 2005 Associated Bank Minnesota, National Association Associated Bank, N.A.
Jul 14, 2005 Northome Bancshares, Inc. Deerwood Bancshares, Inc.
Jul 14, 2005 Northland Community Bank Deerwood Bank

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

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