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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 27, 2023 The Gary State Bank Ultima Bank Minnesota
Aug 19, 2023 Boundary Waters Bank Highland Bank
Mar 25, 2023 State Bank of Wheaton FM Bank
Nov 10, 2022 Lake Area Bank First Resource Bank
Oct 15, 2022 Bank of Zumbrota Frandsen Bank & Trust
Oct 8, 2022 Premier Bank Rochester Premier Bank Minnesota
Oct 1, 2022 Financial One Credit Union Magnifi Financial Credit Union
Sep 17, 2022 Pine Island Bank Frandsen Bank & Trust
Sep 17, 2022 Minnesota Bank & Trust HTLF Bank
Aug 1, 2022 Josten Employees Credit Union Home Town Federal Credit Union
Jul 23, 2022 Maple Financial Holding Company First Bancshares, Inc., of Cold Spring
Jul 23, 2022 Maple Bank Granite Bank
Jun 1, 2022 Wadena Federal Credit Union Mid Minnesota Federal Credit Union
May 28, 2022 Citizens State Bank of Tyler, Incorporated First Independent Bank
Apr 1, 2022 Northern Energy Federal Credit Union Minnesota Valley Federal Credit Union
Apr 1, 2022 White Earth Reservation Federal Credit Union Affinity Plus Federal Credit Union
Apr 1, 2022 Hbi Employees Credit Union Blaze Credit Union
Mar 31, 2022 The Tysan Corporation Midcountry Acquisition Corp.
Dec 31, 2021 Progrowth Financial Services, Inc. Progressive Growth Corp.
Dec 31, 2021 Progressive Service Corp. Progressive Growth Corp.
Dec 31, 2021 Synectic Solutions, Inc. Progressive Growth Corp.
Dec 19, 2021 Wells Fargo Insurance, Inc. Wells Fargo & Company
Dec 11, 2021 United Southwest Bank First Independent Bank
Dec 6, 2021 McGregor Banco, Inc. Midcountry Acquisition Corp.
Dec 4, 2021 Tripoli Bancshares, Inc. Readlyn Bancshares, Inc.
Nov 30, 2021 Northfield Bancshares, Inc. Midcountry Acquisition Corp.
Nov 30, 2021 J & B Financial Holdings, Inc. Midcountry Acquisition Corp.
Nov 20, 2021 Roundbank Minnwest Bank
Nov 1, 2021 Midland Cooperative Credit Union Blaze Credit Union
Sep 18, 2021 Farmers and Merchants State Bank of Blooming Prairie Manufacturers Bank & Trust Company
Sep 18, 2021 Citizens State Bank of Hayfield Manufacturers Bank & Trust Company
Sep 1, 2021 Otter Tail Credit Union Greater Community Credit Union
Sep 1, 2021 Central Hanna Employees Credit Union Blaze Credit Union
Jul 31, 2021 Union State Bank of Browns Valley Prairie Sun Bank
Jul 1, 2021 Ae Goetze Employees Credit Union First Alliance Credit Union
Jul 1, 2021 Saint Thomas Employee Federal Credit Union Catholic United Financial Credit Union
Jun 26, 2021 F & M Bank Minnesota FM Bank
Jun 26, 2021 Security State Bank of Fergus Falls FM Bank
May 22, 2021 American Bank of the North Park State Bank
May 22, 2021 The Lake Bank Park State Bank
May 1, 2021 Eagle Community Bank Falcon National Bank
Apr 1, 2021 Diversified Credit Union Blaze Credit Union
Mar 20, 2021 Northern Sky Bank United Valley Bank
Jan 23, 2021 Ormsby State Bank Citizens Bank Minnesota
Jan 1, 2021 Firefly Federal Credit Union Trustone Financial Credit Union
May 16, 2020 The First National Bank of Northfield Merchants Bank, N.A.
Apr 18, 2020 State Bank of Belle Plaine First National Bank Minnesota
Apr 18, 2020 Farmers State Bank of Watkins Citizens Bank Minnesota
Feb 1, 2020 Northern Eagle Federal Credit Union Embarrass Vermillion Federal Credit Union
Jan 15, 2020 Citizens State Bank of Glenville Produce State Bank

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

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