Minnesota BANKFIRST

Status:Inactive as of 06/14/1999
 Merger - Without Assistance
Successor Bank:BANKFIRST
Headquarters:Minnesota BANKFIRST
800 Marquette Avenue, Suite 200
Minneapolis, MN 55402
Established:01/18/1994
FDIC Insurance:01/18/1994
FDIC Cert:#33871
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$162,400,000
Total Deposits:$141,079,000

History

1994-01-18Institution established: Original name:BANKFIRST
1995-08-01Changed name to Minnesota BANKFIRST
1997-07-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
1999-06-14Merged into and subsequently operated as part of BANKFIRST (34103) in SIOUX FALLS, SD
2009-07-17Failed. Acquired with government financial assistance and subsequently operated as part of Alerus Financial, National Association (3931)
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

Financial Information (1998-12-31 and Older)