Prosperan Bank
| Status: | Inactive as of 11/06/2009 |
| Absorption - Assisted | |
| Successor Bank: | Alerus Financial |
| Headquarters: | Prosperan Bank 990 Helena Street North Saint Paul, MN 55128 |
| Established: | 04/06/1999 |
| FDIC Insurance: | 04/06/1999 |
| FDIC Cert: | #35074 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $197,442,000 |
| Total Deposits: | $182,794,000 |
History
| 1999-04-06 | Institution established: Original name:Washington County Bank, N.A. | |
| 2006-12-16 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
| 2006-12-16 | Changed name to Washington County Bank | |
| 2006-12-16 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION | |
| 2007-11-15 | Changed name to Prosperan Bank | |
| 2009-11-06 | Failed. Acquired with government financial assistance and subsequently operated as part of Alerus Financial, National Association (3931) | |
| 2014-06-25 | Acquired Private Bank Minnesota (34144) in MINNEAPOLIS, MN | |
| 2016-01-16 | Acquired Beacon Bank (10581) in SHOREWOOD, MN |