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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
Jun 23, 2007 The First National Bank of Hudson Associated Bank, N.A.
Jun 8, 2007 Fortress Bank Minnesota Eastwood Bank
May 1, 2007 Yellow Medicine County Bank Citizens Alliance Bank
Apr 1, 2007 University of Minnesota Federal Credit Union Firefly Federal Credit Union
Mar 14, 2007 Maple Lake Bancorporation First National Financial Services Inc.
Mar 1, 2007 U.S. Bancorp Licensing, Inc. U.S. Bank N.A.
Jan 1, 2007 Usb Holdings, Inc. U.S. Bancorp
Jan 1, 2007 University Financial Corp. University Financial Corp, GBC dba Sunrise Banks
Dec 31, 2006 TCF Mortgage Corporation TCF National Bank
Dec 30, 2006 Unity Bank Central Unity Bank
Dec 30, 2006 Unity Bank, National Association Unity Bank
Dec 27, 2006 Carlos Bancshares, Inc. Blackridge Financial, Inc.
Dec 27, 2006 Pine Bankshares, Inc. Frandsen Financial Corporation
Dec 8, 2006 First National Agency Company of Deer River Inc. Finlayson Bancshares, Inc.
Dec 2, 2006 The First National Bank of Deer River Northview Bank
Dec 2, 2006 Anchor Bank Saint Paul Anchor Bank, National Association
Oct 1, 2006 Sourceone Federal Credit Union Firefly Federal Credit Union
Sep 11, 2006 Citizens State Bank of Waterville Valley Bank
Sep 11, 2006 Rural American Bank - Hector/Fairfax Valley Bank
Jul 29, 2006 United Valley Bank United Valley Bank
Jun 17, 2006 State Bank of Rogers Wells Fargo Bank, N.A.
Jun 10, 2006 United Prairie Bank-New Ulm United Prairie Bank
Jun 10, 2006 United Prairie Bank - Madison United Prairie Bank
Jun 10, 2006 United Prairie Bank-Jackson United Prairie Bank
Jun 10, 2006 United Prairie Bank-Slayton United Prairie Bank
May 19, 2006 Yellow Medicine Bancshares, Inc. Forstrom Bancorporation, Inc.
May 6, 2006 United Prairie Bank-Spicer United Prairie Bank
May 6, 2006 United Prairie Bank - Owatonna United Prairie Bank
Apr 6, 2006 Valley Bancshares, Inc. Blackridge Financial, Inc.
Apr 1, 2006 Power Makers Credit Union NSP Credit Union
Apr 1, 2006 Centennial National Bank Bank Forward
Mar 18, 2006 Security State Bank of Sebeka Community First Bank
Mar 11, 2006 Jasper State Bank Peoples Bank
Mar 11, 2006 Pipestone County Bancorp Peoples Bancorp
Mar 4, 2006 Rural American Bank - Foley Frandsen Bank & Trust
Feb 11, 2006 Midwest Bank, National Association Midwest Bank
Dec 31, 2005 Jdob, Inc. First National Bank of the North
Dec 31, 2005 Minnesota Mutual Companies Credit Union Think Mutual Bank
Dec 17, 2005 Border State Bank of International Falls Border Bank
Nov 19, 2005 Bremer Bank, N.A. Bremer Bank, National Association
Oct 24, 2005 Olivia Bancorporation, Inc. American Bancorporation
Oct 24, 2005 American State Bank of Olivia American Bank of St. Paul
Oct 1, 2005 Security State Bank of Mankato First National Bank Minnesota
Oct 1, 2005 McKee Employees Federal Credit Union Riverview Credit Union
Oct 1, 2005 First State Bank, Lake Lillian, Minnesota Citizens Alliance Bank
Aug 1, 2005 Wells Fargo Business Credit, Inc. Wells Fargo Bank, N.A.
Jul 22, 2005 Sebeka Bancshares, Inc. Menahga Bancshares, Inc.
Jul 16, 2005 Associated Bank Minnesota, National Association Associated Bank, N.A.
Jul 14, 2005 Northome Bancshares, Inc. Deerwood Bancshares, Inc.
Jul 14, 2005 Northland Community Bank Deerwood Bank

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

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