First Minnesota Bank

Status:Inactive as of 08/17/2019
 Absorption - Without Assistance
Successor Bank:CorTrust Bank
Headquarters:First Minnesota Bank
4625 County Highway 101
Minnetonka, MN 55345
Established:10/10/1881
FDIC Insurance:01/01/1934
FDIC Cert:#5151
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$351,952,000
Total Deposits:$283,642,000

History

1881-10-10Institution established: Original name:The First National Bank of Glencoe
1995-10-01Changed name to First Minnesota Bank, National Association
1995-10-01Acquired First Bank of Minnesota (10188) in HUTCHINSON, MN
2000-10-01Moved bank headquarters from GLENCOE, MN to MINNETONKA, MN
2000-10-01Reorganized.
2005-06-16Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2005-06-16Changed name to First Minnesota Bank
2005-06-16Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2013-01-18Acquired 1st Regents Bank (57157) in ANDOVER, MN as part of a government assisted transaction.
2019-08-17Merged into and subsequently operated as part of CorTrust Bank National Association (6063) in MITCHELL, SD

Financial Information (2019-06-30 and Older)