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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 19, 2014 Northern Star Bank Mankato $18.8M Bankvista
Jan 18, 2013 1st Regents Bank Andover $49.6M First Minnesota Bank
Sep 7, 2012 First Commercial Bank Bloomington $215.9M Republic Bank & Trust Company
Apr 27, 2012 Inter Savings Bank, FSB D/b/a/ Interbank, FSB Maple Grove $463.8M Great Southern Bank
Feb 24, 2012 Home Savings of America Little Falls $434.1M —
Jan 27, 2012 Patriot Bank Minnesota Forest Lake $105.0M First Resource Bank
Oct 7, 2011 The Riverbank Wyoming $419.7M Central Bank
Apr 15, 2011 Rosemount National Bank Rosemount $21.5M Central Bank
Dec 17, 2010 Community National Bank Lino Lakes $31.6M Farmers & Merchants Savings Bank
Jul 23, 2010 Community Security Bank New Prague $100.6M Roundbank
May 21, 2010 Pinehurst Bank St. Paul $61.2M Coulee Bank
May 7, 2010 Access Bank Champlin $32.0M Prinsbank
Mar 19, 2010 State Bank of Aurora Aurora $28.2M Northern State Bank
Feb 5, 2010 1st American State Bank of Minnesota Hancock $18.2M Community Development Bank, FSB
Jan 29, 2010 Marshall Bank, N.A. Hallock $58.6M United Valley Bank
Jan 15, 2010 St. Stephen State Bank St. Stephen $22.9M First State Bank of St. Joseph
Nov 6, 2009 Prosperan Bank Oakdale $197.4M Alerus Financial, N.A.
Oct 23, 2009 Riverview Community Bank Ostego $99.1M Central Bank
Oct 2, 2009 Jennings State Bank Spring Grove $52.3M Central Bank
Sep 11, 2009 Brickwell Community Bank Woodbury $72.6M Cortrust Bank, N.A.
Aug 28, 2009 MainStreet Bank Forest Lake $458.5M Central Bank
Jun 26, 2009 Horizon Bank Pine City $84.8M Stearns Bank, N.A.
May 30, 2008 First Integrity Bank, N.A. Staples $52.9M First International Bank and Trust
Jul 14, 2000 Town & Country Bank of Almelund Almelund $25.9M S&C Bank, Minnesota
Jul 17, 1992 State Bank of Springfield Springfield $30.3M Southwest State Bank
Aug 9, 1991 First FS & La of Thief River Falls Thief River Falls $54.6M No. State BK of Thief Riv.
Nov 30, 1990 Boundary Waters State Bank Ely $13.4M Stearns County National Ban
May 11, 1990 United Savings Bank, FSB Windom $161.5M Branch sale
Mar 16, 1990 Lakeland Savings Bank FSB Detroit Lakes $79.6M First Security State Bank
Feb 9, 1990 Fairmont Federal Savings Assoc. Fairmont $46.0M First Farmers & Merchant NB
Nov 9, 1989 The Lee State Bank Browerville $13.4M First National Bank of Long
Feb 13, 1989 Midwest Federal Savings Minneapolis $3.26B Branch sale
Sep 30, 1988 Watson State Bank Watson $13.7M Minnwest Bank Montevideo
Aug 26, 1988 Biwabik State Bank Biwabik $3.2M First National Bank
Jul 21, 1988 The First National Bank of Blooming Prairi Blooming Prairie $20.0M First Amn BK Blooming PR
Apr 29, 1988 Oak Park Bank Oak Park Heights $21.1M St Croix Valley Bank
Apr 8, 1988 Citizens State Bank of Eagle Bend Eagle Bend $10.0M Lake Country State Bank
Mar 18, 1988 State Bank of Morgan Morgan $20.3M Farmers&merchants STB SP
Mar 18, 1988 Citizens State BK of Gibbon Gibbon $15.1M Minnesota Valley Bank
Oct 2, 1987 State Bank of Greenwald Greenwald $23.3M Rural American BK Greenw
Oct 1, 1987 Clay County State Bank Dilworth $10.1M Northwestern STB of Ulen
Sep 11, 1987 First State Bank of Rollingstone Rollingstone $15.2M Eastwood Bank St Charles
Aug 21, 1987 People's State Bank of Mazeppa Mazeppa $21.6M First State Bank of Red
Jun 26, 1987 Lanesboro State Bank Lanesboro $11.4M Goodhue CNTY NB of Red W
May 29, 1987 First National Bank of Wilmont Wilmont $13.3M Farmers STB of Mountain
May 14, 1987 Todd County State Bank Long Prairie $15.4M First NB of Long Prairie
May 14, 1987 The First National Bank of Elbow Lake Elbow Lake $14.2M First NB of Fergus Falls
Mar 13, 1987 Beaver Creek State Bank Beaver Creek $7.3M Citizens STB of Silver L
Mar 5, 1987 First National Bank in West Concord West Concord $9.1M Farmers STB of West Conc
Dec 19, 1986 Lakeland State Bank Pequot Lakes $49.4M Northern NB of Bemidji

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