First Federal Savings and Loan Association of Fargo, F.A.

Status:Inactive as of 11/01/1991
 Pass Through Receivership Merger
Conservatorship Institution Resolved
Successor Bank:Alerus Financial
Headquarters:First Federal Savings and Loan Association of Fargo, F.A.
325 Broadway
Fargo, ND 58102
Established:05/10/1991
FDIC Insurance:05/10/1991
FDIC Cert:#33409
Charter Class:
Total Assets:$39,110,000
Total Deposits:$41,068,000

History

1991-05-10Institution established: Original name:First Federal Savings and Loan Association of Fargo, F.A.
1991-05-10Acquired First Federal Savings and Loan Association of Fargo (28265) in FARGO, ND
1991-11-01Government conservatorship or bridge bank resolved.
1991-11-01Acquired after government financial assistance and subsequently operated as part of First National Bank North Dakota (3931)
1997-08-15Moved bank headquarters from FARGO, ND to GRAND FORKS, ND
2000-11-13Changed name to Alerus Financial, National Association (3931)
2007-01-20Acquired Alerus Interim, National Association (34096) in MINNETONKA, MN
2009-07-17Acquired BANKFIRST (34103) in SIOUX FALLS, SD as part of a government assisted transaction.
2009-11-06Acquired Prosperan Bank (35074) in OAKDALE, MN as part of a government assisted transaction.
2014-06-25Acquired Private Bank Minnesota (34144) in MINNEAPOLIS, MN
2016-01-16Acquired Beacon Bank (10581) in SHOREWOOD, MN