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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
Jul 1, 2005 Rural American Bank - Ada Community Bank of the Red River Valley
Jun 1, 2005 First State Bank of Audubon Bell Bank
May 31, 2005 U.S. Bancorp Online Services, Inc. U.S. Bank N.A.
May 31, 2005 First Building Corporation U.S. Bank N.A.
May 16, 2005 CNB, Inc. Security State Bank Holding Company
Apr 30, 2005 Sandstone F C I Federal Credit Union Greater Minnesota Credit Union
Apr 3, 2005 State Bank of Young America KleinBank
Apr 3, 2005 The First National Bank of Waconia KleinBank
Apr 3, 2005 First National Bank in Montevideo KleinBank
Apr 3, 2005 The Oakley National Bank of Buffalo KleinBank
Apr 3, 2005 The Klein National Bank of Madison KleinBank
Apr 3, 2005 First National Bank of Chaska KleinBank
Apr 3, 2005 Victoria State Bank KleinBank
Apr 3, 2005 State Bank of Chanhassen KleinBank
Apr 1, 2005 Valley Bank Dundas Frandsen Bank & Trust
Jan 2, 2005 Western Bancorporation, Inc. Western Bancorporation, Inc.
Jan 1, 2005 Frandsen Technology Center Frandsen Financial Corporation
Jan 1, 2005 Clarkfield Holding Company Independent Bancshares, Inc.
Dec 31, 2004 Duluth News Tribune Employees Credit Union Minnesota Power Employees Credit Union
Nov 22, 2004 Americana National Bank American Bank of St. Paul
Nov 20, 2004 Nobles Agency, Inc. First National Bancorp, Inc.
Nov 1, 2004 MidCountry Bank Midcountry Bank
Nov 1, 2004 Century Diversified Federal Credit Union Hbi Employees Credit Union
Nov 1, 2004 Rural American Bank-Montgomery/Lonsdale Frandsen Bank & Trust
Oct 20, 2004 Buhl Bancorporation, Inc. Timberland Bancorp
Oct 9, 2004 Raymond Bancshares, Inc. Heritage Bancshares Group, Inc.
Oct 9, 2004 Farmers' State Bank of Raymond Heritage Bank, N.A.
Sep 3, 2004 State Bank of Loretto 21st Century Bank
Aug 14, 2004 Servus Financial Corporation Ibid, Inc.
Jul 28, 2004 Van Deusen Bancorp, Inc. Van Deusen Bancorp, Inc.
Jul 24, 2004 First National Bank of Hinckley First National Bank of the North
Jun 30, 2004 West Suburban Columbus Credit Union Peoples Community Credit Union
Jun 30, 2004 T-C Japanese American Citizens League Credit Union National J.A.C.L. Credit Union
May 1, 2004 Ellsworth State Bank Exchange State Bank
May 1, 2004 Ellsworth Bancshares, Inc. Larch Bancorporation, Inc.
Apr 30, 2004 Argyle Financial Services, Inc. First Holding Company of Cavalier, Inc.
Apr 30, 2004 Piper Capital Management Incorporated U.S. Bancorp
Apr 21, 2004 First State Agency of Lake Lillian, Inc. Forstrom Bancorporation, Inc.
Apr 16, 2004 Wells Fargo Services Company Wells Fargo Bank, N.A.
Mar 30, 2004 Wood Lake Bancorporation Finlayson Bancshares, Inc.
Feb 20, 2004 Wells Fargo Bank Minnesota, National Association Wells Fargo Bank, N.A.
Feb 14, 2004 First State Bank of Floodwood Northview Bank
Feb 7, 2004 First National Bank of Luverne First Bank & Trust, National Association
Jan 20, 2004 Primo Financial Services, Inc. Merchants Financial Group, Inc.
Jan 2, 2004 Usb Services, Inc. U.S. Bank N.A. ND
Jan 1, 2004 Wabasha County Bank Bank of Alma
Oct 25, 2003 The Martin County National Bank of Fairmont Profinium, Inc.
Oct 11, 2003 Liberty State Bank First Federal Capital Bank
Oct 9, 2003 Floodwood Agency, Inc. Finlayson Bancshares, Inc.
Sep 30, 2003 Eau Claire Financial Services, Inc. Alliance Financial Services, Inc.

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

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