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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
Aug 19, 2017 Wells Financial Corp. Citizens Community Bancorp, Inc.
Aug 12, 2017 Avon State Bank American Heritage National Bank
Aug 1, 2017 Lakes Area Federal Credit Union Members Cooperative Credit Union
Jul 31, 2017 Freedom Bancorporation, Inc. Waseca Bancshares, Inc.
Jul 1, 2017 Peoples Community Credit Union Blaze Credit Union
Jul 1, 2017 Pennington Municipal & County Credit Union Soo Select Credit Union
May 13, 2017 The First National Bank in Wadena Wadena State Bank
May 1, 2017 Collegeville Community Credit Union Magnifi Financial Credit Union
Apr 6, 2017 Saint James Public Schools Federal Credit Union Northern Energy Federal Credit Union
Jan 1, 2017 Employees First Credit Union Ideal Credit Union
Dec 17, 2016 First State Bank of Okabena (Incorporated) Currie State Bank
Nov 30, 2016 Avon Bancshares, Inc. American Heritage Holding Company
Nov 5, 2016 State Bank in Eden Valley Farmers and Merchants State Bank of Pierz
Oct 22, 2016 Provincial Bank Frandsen Bank & Trust
Oct 8, 2016 First Advantage Bank Border Bank
Oct 3, 2016 Landmark Investor Group, Inc. Flagship Financial Group, Inc.
Oct 1, 2016 Stonebridge Bank American National Bank
Oct 1, 2016 Eden Valley Bancshares, Inc. Farmers & Merchants Agency, Inc.
Oct 1, 2016 Landmark Community Bank, National Association Flagship Bank Minnesota
Oct 1, 2016 Ecolab Credit Union Blaze Credit Union
Sep 10, 2016 Paragon Bank Peoples State Bank of Wells
Aug 27, 2016 Capital Bank Royal Credit Union
Jul 9, 2016 Altura State Bank Peoples State Bank of Plainview
May 21, 2016 First National Bank of the Lakes Bridgewater Bank
Apr 2, 2016 Central Bank MidWestOne Bank
Apr 1, 2016 Babbitt Steelworkers Credit Union Ely Area Credit Union
Mar 12, 2016 Peoples State Bank of Madison Lake Cornerstone State Bank
Jan 16, 2016 Beacon Bank Alerus Financial, N.A.
Jan 16, 2016 Tacet Mortgage, Inc. American Bank of the North
Jan 13, 2016 Farmers and Merchants State Bank Perennial Bank
Jan 13, 2016 Winthrop State Bank Perennial Bank
Jan 6, 2016 Winthrop Bancshares, Inc. Darwin Bancshares, Inc.
Jan 1, 2016 Merchants Capital Resources, Inc. Merchants Bank, N.A.
Dec 12, 2015 First State Bank of Fertile Red River State Bank
Dec 1, 2015 Queen Employees Credit Union Accentra Credit Union
Oct 31, 2015 Saint Cloud City & County Employees Credit Union Saint Cloud Financial Credit Union
Oct 1, 2015 Murphy Credit Union Blaze Credit Union
Oct 1, 2015 Community Bank Corporation Charter Bank
Sep 1, 2015 Western Bank, National Association American National Bank
Aug 15, 2015 First Bank & Trust, National Association First Bank & Trust
Aug 15, 2015 Kasson State Bank Home Federal Savings Bank
Aug 1, 2015 Clements Federal Credit Union Southpoint Financial Credit Union
Jul 17, 2015 St James Federal Savings and Loan Association Wells Federal Bank
Jul 1, 2015 Lake State Credit Union Members Cooperative Credit Union
Jun 15, 2015 American Bank of St. Paul Deerwood Bank
Jun 13, 2015 Neighborhood National Bank Neighborhood National Bank
Jun 6, 2015 State Bank of Park Rapids Northview Bank
Jun 1, 2015 Marquette Financial Companies UMB Financial Corporation
May 2, 2015 Central Bancshares, Inc. Midwestone Financial Group, Inc.
Apr 15, 2015 Voyager Bank Anchor Bank, National Association

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

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