United Southwest Bank

Status:Inactive as of 12/10/2021
 Absorption - Without Assistance
Successor Bank:First Independent Bank
Headquarters:United Southwest Bank
111 West Main Street
Cottonwood, MN 56229
Established:01/01/1916
FDIC Insurance:01/01/1934
FDIC Cert:#10208
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$58,705,000
Total Deposits:$54,646,000

History

1916-01-01Institution established: Original name:Empire State Bank
1997-01-01Changed name to United Southwest Bank
1997-01-01Acquired United Southwest Bank (16313) in VESTA, MN
2021-12-10Merged into and subsequently operated as part of First Independent Bank (1900)
2022-05-28Acquired Citizens State Bank of Tyler, IncorporatedFirst Independent Bank (10582) in TYLER, MN.

Financial Information (2021-09-30 and Older)