Minnwest Bank Central

Status:Inactive as of 05/24/2014
 Merger - Without Assistance
Successor Bank:Minnwest Bank
Headquarters:Minnwest Bank Central
107 North First Street
Montevideo, MN 56265
Established:09/04/1930
FDIC Insurance:01/01/1934
FDIC Cert:#1398
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$289,323,000
Total Deposits:$240,940,000

History

1930-09-04Institution established: Original name:Northwestern State Bank of Montevideo
1983-05-01Changed name to Norwest Bank Montevideo
1987-01-20Changed name to Minnwest Bank Montevideo
1987-01-20Reorganized.
1988-09-30Acquired Watson State Bank (8837) in WATSON, MN
1998-07-31Acquired Minnwest Bank Dawson (15416) in DAWSON, MN
1998-07-31Changed name to Minnwest Bank Central
2008-03-15Acquired Minnwest Bank Ortonville (9344) in ORTONVILLE, MN
2014-05-24Changed name to Minnwest Bank (16958)
2014-05-24Acquired Minnwest Bank Metro (17898) in EAGAN, MN
2014-05-24Acquired Minnwest Bank Central in MONTEVIDEO, MN
2014-05-24Acquired Minnwest Bank South (1410) in TRACY, MN
2014-05-24Acquired Minnwest Bank Luverne (8224) in LUVERNE, MN
2014-05-24Acquired Minnwest Bank Sioux Falls (35545) in SIOUX FALLS, SD
2014-05-24Merged into and subsequently operated as part of Minnwest Bank (16958) in REDWOOD FALLS, MN
2014-07-26Acquired State Bank of Gibbon (11972) in GIBBON, MN
2018-09-21Acquired Security State Bank of Lewiston (10201) in LEWISTON, MN
2018-11-16Acquired First State Bank (15787) in WILMOT, SD
2018-11-16Acquired Peoples State Bank (9950) in SUMMIT, SD
2021-11-19Acquired RoundbankMinnwest Bank (5271) in WASECA, MN.

Financial Information (2014-03-31 and Older)