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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
Jan 1, 2020 Winthrop Resources Corporation TCF National Bank
Dec 2, 2019 First State Bank of Ashby Viking Bank, N.A.
Dec 1, 2019 Electrus Federal Credit Union Blaze Credit Union
Oct 26, 2019 Republic Bank, Inc. National Bank of Commerce
Oct 26, 2019 Republic Bancshares, Inc. Natcom BANCSHARES,INC.
Aug 24, 2019 The Nicollet County Bank of Saint Peter Pioneer Bank
Aug 17, 2019 Farmers and Merchants State Bank of Sacred Heart Citizens Alliance Bank
Aug 17, 2019 First Minnesota Bank Cortrust Bank N.A.
Aug 1, 2019 TCF Financial Corporation TCF Financial Corporation
Jul 13, 2019 State Bank of Hamburg Security Bank & Trust Company
Jul 1, 2019 Energy Services Federal Credit Union Blaze Credit Union
Jul 1, 2019 Starcor Credit Union Saint Cloud Financial Credit Union
Apr 27, 2019 State Bank of Marietta Prairie Sun Bank
Apr 1, 2019 Soo Line Credit Union Magnifi Financial Credit Union
Feb 23, 2019 Unity Bank Unity Bank
Feb 23, 2019 Unity Bank North Unity Bank
Feb 2, 2019 First State Bank of Wabasha WNB Financial, N.A.
Jan 14, 2019 Exchange State Bank Security Savings Bank
Jan 1, 2019 Mill City Credit Union City & County Credit Union
Jan 1, 2019 Bremer Trust, N.A. Bremer Bank, National Association
Jan 1, 2019 Minnesota Ore Operations Employees Credit Union Northridge Community Credit Union
Dec 1, 2018 North American State Bank Kensington Bank
Nov 1, 2018 KleinBank Old National Bank
Nov 1, 2018 Soo Select Credit Union Wings Financial Credit Union
Nov 1, 2018 Klein Financial, Inc. Old National Bancorp
Oct 13, 2018 First State Bank of Clearbrook Border Bank
Oct 13, 2018 First National Bank Mahnomen Twin Valley United Valley Bank
Sep 29, 2018 Brooks Community Federal Credit Union North Star Credit Union
Sep 22, 2018 Security State Bank of Lewiston Minnwest Bank
Sep 15, 2018 Venture Bank Choice Financial Group
Aug 4, 2018 State Bank of Delano Cortrust Bank N.A.
Jul 2, 2018 Kes Bancshares, Inc. Benic Holdings, Inc.
Jun 23, 2018 State Bank of Richmond Falcon National Bank
Jun 23, 2018 Community Pride Bank Falcon National Bank
Apr 28, 2018 Plaza Park State Bank Deerwood Bank
Apr 28, 2018 The Pioneer National Bank of Duluth Park State Bank
Apr 1, 2018 Agassiz Federal Credit Union First Community Credit Union
Apr 1, 2018 Floodwood Area Credit Union Northwoods Credit Union
Apr 1, 2018 West Financial Credit Union Sharepoint Credit Union
Mar 3, 2018 The First National Bank of Battle Lake MY Kind of Bank, N.A.
Feb 24, 2018 Signature Bancshares, Inc. Heartland Financial USA, Inc.
Feb 24, 2018 Signature Bank Minnesota Bank & Trust
Feb 10, 2018 Mico Employees Credit Union Northern Energy Federal Credit Union
Jan 1, 2018 Northern Pacific Duluth Federal Credit Union North Star Credit Union
Dec 2, 2017 State Bank of New Prague First Bank & Trust
Dec 2, 2017 Peoples Bank of Commerce First Bank & Trust
Nov 1, 2017 Anchor Bank, National Association Old National Bank
Nov 1, 2017 Anchor Bancorp, Inc. Old National Bancorp
Oct 14, 2017 Nashwauk Federal Credit Union North Star Credit Union
Aug 19, 2017 Wells Federal Bank Ccfbank N.A.

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

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