Private Bank Minnesota

Status:Inactive as of 06/25/2014
 Merger - Without Assistance
Successor Bank:Alerus Financial
Headquarters:Private Bank Minnesota
Campbell Mithum Tower, 222 S. Ninth Street, Ste. 3800
Minneapolis, MN 55402
Established:03/11/1996
FDIC Insurance:03/11/1996
FDIC Cert:#34144
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$142,842,000
Total Deposits:$127,234,000

History

1996-03-11Institution established: Original name:Private Bank Minnesota
2014-06-25Merged into and subsequently operated as part of Alerus Financial, National Association (3931) in GRAND FORKS, ND
2016-01-16Acquired Beacon Bank (10581) in SHOREWOOD, MN

Financial Information (2014-03-31 and Older)