Roundbank

Status:Inactive as of 11/19/2021
 Absorption - Without Assistance
Successor Bank:Minnwest Bank
Headquarters:Roundbank
200 Northeast 2nd Street
Waseca, MN 56093
Established:11/15/1881
FDIC Insurance:01/01/1934
FDIC Cert:#5271
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$378,834,000
Total Deposits:$315,597,000

History

1881-11-15Institution established: Original name:The Farmers National Bank of Waseca
1971-02-16Changed name to The First State Bank of Waseca
1992-12-01Acquired Waldorf State Bank (16525) in WALDORF, MN
1993-02-01Changed name to Roundbank
2010-07-23Acquired Community Security Bank (34486) in NEW PRAGUE, MN as part of a government assisted transaction.
2021-11-19Merged into and subsequently operated as part of Minnwest Bank (16958)

Financial Information (2021-09-30 and Older)