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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
Apr 1, 2013 Park Schools Credit Union Expedition Credit Union
Apr 1, 2013 Franklin National Bank of Minneapolis Sunrise Banks, N.A.
Mar 23, 2013 Blaine State Bank Cortrust Bank N.A.
Mar 16, 2013 The Buffalo Ridge Bank First Independent Bank
Feb 23, 2013 RiverWood Bank RiverWood Bank, National Association
Feb 16, 2013 Atwater State Bank Harvest Bank
Feb 16, 2013 First Financial Bank First National Bank Mahnomen Twin Valley
Jan 1, 2013 Healtheast Employees Credit Union Associated Healthcare Credit Union
Jan 1, 2013 First Community Bank Silver Lake First Community Bank
Dec 17, 2012 Murdock Bancor, Inc. Forstrom Bancorporation, Inc.
Dec 1, 2012 Ashby Federal Credit Union Mid Minnesota Federal Credit Union
Nov 17, 2012 Citizens State Bank of Shakopee Stonebridge Bank
Nov 12, 2012 U.S. Bancorp Construction Funding, Inc. U.S. Bank N.A.
Nov 1, 2012 Northcountry Cooperative Federal Credit Union Northwinds Federal Credit Union
Sep 29, 2012 Rochester Dairy Cooperative Credit Union First Alliance Credit Union
Sep 22, 2012 First National Bank Bell Bank
Aug 1, 2012 Elkton Bancshares, Inc. Adams Bancshares, Inc.
Jul 1, 2012 Community Bank, Austin Community National Bank
Jul 1, 2012 M&I Business Credit, LLC BMO Bank N.A.
Jul 1, 2012 Moorhead Federal Credit Union Magnifi Financial Credit Union
Jul 1, 2012 Fergus Falls Community Federal Credit Union Otter Tail Credit Union
May 21, 2012 Evergreen Bancshares, Inc. Mesaba Bancshares, Inc.
May 1, 2012 State Bank of Bricelyn Farmers Trust & Savings Bank
Apr 21, 2012 Farmers State Bank of Dent United Community Bank
Apr 1, 2012 State Bank of Cokato Kensington Bank
Mar 31, 2012 Ely Steelworkers Credit Union Northridge Community Credit Union
Mar 17, 2012 State Bank of Bird Island Frandsen Bank & Trust
Jan 1, 2012 Kato Engineering Employees Credit Union Minnesota Valley Federal Credit Union
Jan 1, 2012 Catholic Credit Union Catholic United Financial Credit Union
Dec 31, 2011 State Bank of Lucan First Independent Bank
Dec 15, 2011 Nero Limited, LLC Wells Fargo & Company
Dec 1, 2011 Bluestone Federal Credit Union Associated Healthcare Credit Union
Dec 1, 2011 Target Corporation Credit Union Baxter Credit Union
Oct 15, 2011 Security State Bank of Howard Lake Citizens Alliance Bank
Oct 1, 2011 Minnesota Valley Credit Union Heartland Credit Union
Oct 1, 2011 Heart of the Lakes Credit Union Magnifi Financial Credit Union
Oct 1, 2011 First State Bank of Alexandria BlackRidgeBANK
Oct 1, 2011 Lakewood Bank, National Association BlackRidgeBANK
Aug 27, 2011 Canton State Bank First Southeast Bank
Aug 20, 2011 Queen City Federal Savings Bank Frandsen Bank & Trust
Aug 6, 2011 First Western Bank & Trust First Western Bank and Trust
Aug 1, 2011 Greater Bay Bancorp Wells Fargo & Company
Aug 1, 2011 Placer Sierra Bancshares Wells Fargo & Company
Aug 1, 2011 Century Bancshares, Inc. Wells Fargo & Company
Jul 30, 2011 First National Bank of the North Northview Bank
Jul 1, 2011 Ukrainian Credit Union Trustone Financial Credit Union
Jul 1, 2011 Minnesota Catholic Credit Union Minnesota Catholic Credit Union
Jun 3, 2011 Farmers State Bank of Sherburn Bank Midwest
Apr 9, 2011 First Security Bank - Lake Benton First Security Bank - Canby
Apr 1, 2011 Como Northtown Community Credit Union Topline Financial Credit Union