Buffalo Ridge State Bank of Ruthton, Inc.

Status:Inactive as of 04/01/2001
 Merger - Without Assistance
Successor Bank:The Buffalo Ridge Bank
Headquarters:Buffalo Ridge State Bank of Ruthton, Inc.
Main Street
Ruthton, MN 56170
Established:01/01/1917
FDIC Insurance:01/01/1934
FDIC Cert:#9345
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$11,602,000
Total Deposits:$10,475,000

History

1917-01-01Institution established: Original name:Farmers and Merchants State Bank of Ruthton, Incorporated
1973-04-02Changed name to Buffalo Ridge State Bank of Ruthton, Inc.
2001-04-01Changed name to The Buffalo Ridge Bank (8219)
2001-04-01Merged into and subsequently operated as part of The Buffalo Ridge Bank (8219) in BEARDSLEY, MN
2013-03-16Merged into and subsequently operated as part of First Independent Bank (1900) in RUSSELL, MN
2021-12-10Acquired United Southwest BankFirst Independent Bank (10208) in COTTONWOOD, MN.
2021-12-10Acquired United Southwest BankFirst Independent Bank (10208) in COTTONWOOD, MN.
2022-05-28Acquired Citizens State Bank of Tyler, IncorporatedFirst Independent Bank (10582) in TYLER, MN.
2022-05-28Acquired Citizens State Bank of Tyler, IncorporatedFirst Independent Bank (10582) in TYLER, MN.

Financial Information (2000-12-31 and Older)