BANKFIRST
| Status: | Inactive as of 07/17/2009 |
| Absorption - Assisted | |
| Successor Bank: | Alerus Financial |
| Headquarters: | BANKFIRST 6100 South Old Village Place Sioux Falls, SD 57108 |
| Established: | 12/07/1995 |
| FDIC Insurance: | 12/07/1995 |
| FDIC Cert: | #34103 |
| Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
| Total Assets: | $210,844,000 |
| Total Deposits: | $232,203,000 |
History
| 1995-12-07 | Institution established: Original name:BANKFIRST, National Association | |
| 1995-12-07 | Acquired BankFirst National Association (9006) in BROOKINGS, SD | |
| 1997-03-31 | Changed name to BANKFIRST | |
| 1997-03-31 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD | |
| 1999-06-14 | Acquired Minnesota BANKFIRST (33871) in MINNEAPOLIS, MN | |
| 2009-07-17 | Failed. Acquired with government financial assistance and subsequently operated as part of Alerus Financial, National Association (3931) | |
| 2009-11-06 | Acquired Prosperan Bank (35074) in OAKDALE, MN as part of a government assisted transaction. | |
| 2014-06-25 | Acquired Private Bank Minnesota (34144) in MINNEAPOLIS, MN | |
| 2016-01-16 | Acquired Beacon Bank (10581) in SHOREWOOD, MN |