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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
Mar 31, 2011 Northern States Montevideo Employees Credit Union Co-Op Credit Union of Montevideo
Mar 19, 2011 Rural American Bank - Braham Frandsen Bank & Trust
Feb 12, 2011 First Security Bank - Evansville First Security Bank - Sleepy Eye
Jan 1, 2011 Citizens State Bank of Kelliher First State Bank of Bigfork
Jan 1, 2011 Kelliher Bancshares, Inc. Bigfork Bancshares, Inc.
Nov 1, 2010 RBC Capital Markets Holdings (USA) Inc. RBC USA Holdco Corporation
Sep 1, 2010 City-County Federal Credit Union Wings Financial Credit Union
Aug 1, 2010 Highgrove Community Federal Credit Union Wings Financial Credit Union
May 15, 2010 Valley Bank Frandsen Bank & Trust
Apr 10, 2010 Community Bank Plymouth KleinBank
Mar 1, 2010 GCM Federal Credit Union Unity One Credit Union
Jan 1, 2010 Norco Credit Union Ashland Credit Union
Dec 31, 2009 First Minneapolis Building Corporation U.S. Bank N.A.
Nov 14, 2009 Anchor Bank Heritage, National Association Anchor Bank, National Association
Nov 14, 2009 Anchor Bank National Association Anchor Bank, National Association
Oct 17, 2009 Community Bank of the Red River Valley Frandsen Bank & Trust
Oct 17, 2009 Northern National Bank Frandsen Bank & Trust
Jul 25, 2009 Valley Bank Minnesota Valley Bank
Jul 18, 2009 EastBank Franklin National Bank of Minneapolis
Jun 27, 2009 Merchants Bank, N.A. Merchants Bank, N.A.
Jun 27, 2009 Merchants Bank, National Association Merchants Bank, N.A.
Apr 4, 2009 The First National Bank of Brewster Rolling Hills Bank & Trust
Mar 31, 2009 Fort Snelling Federal Credit Union Hiway Credit Union
Mar 21, 2009 State Bank of Tower Queen City Federal Savings Bank
Jan 1, 2009 Real Financial Credit Union Royal Credit Union
Jan 1, 2009 Edina Schools Credit Union West Metro Schools Credit Union
Dec 31, 2008 First Security Usb GP, Inc. U.S. Bank N.A.
Dec 31, 2008 U.S. Bancorp Card Services, Inc. U.S. Bank N.A.
Nov 30, 2008 Capital Trust Federal Credit Union Saint Paul Federal Credit Union
Nov 29, 2008 First Independent Bank of Wood Lake First Independent Bank
Nov 15, 2008 Anchor Bank Farmington, N.A. Anchor Bank, National Association
Oct 1, 2008 Headwaters Federal Credit Union Trustar Federal Credit Union
Aug 16, 2008 First National Bank of Montgomery Frandsen Bank & Trust
Aug 9, 2008 Ridgedale State Bank Highland Bank
Jul 14, 2008 First Security Bank - Renville First Security Bank - Sleepy Eye
Mar 31, 2008 University Lutheran Church of Hope Credit Union Blaze Credit Union
Mar 31, 2008 American Savings, Inc. Roundbank
Mar 22, 2008 Lake Country State Bank Minnesota National Bank
Mar 15, 2008 Minnwest Bank Ortonville Minnwest Bank Central
Mar 8, 2008 First Community Bank KleinBank
Mar 8, 2008 Security State Bank of Maple Lake First Bank Elk River
Jan 1, 2008 Anoka County Federal Credit Union Anoka Hennepin Credit Union
Nov 3, 2007 The First National Bank of Pine City Rural American Bank - Braham
Oct 1, 2007 Hardwick State Bank Exchange State Bank
Sep 21, 2007 Merchants Bank, National Association Merchants Bank, N.A.
Sep 21, 2007 The First National Bank in Cannon Falls Merchants Bank, N.A.
Sep 21, 2007 Jerema, Inc. Merchants Financial Group, Inc.
Sep 1, 2007 Minnesota's Credit Union Oak Trust Credit Union
Aug 1, 2007 Excel Bank Minnesota M&I Marshall and Ilsley Bank
Jul 1, 2007 Excel Bank Corporation M&I LLC

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

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