The Buffalo Ridge Bank

Status:Inactive as of 03/16/2013
 Merger - Without Assistance
Successor Bank:First Independent Bank
Headquarters:The Buffalo Ridge Bank
101 North Main Street
Beardsley, MN 56211
Established:02/21/1930
FDIC Insurance:01/01/1934
FDIC Cert:#8219
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$49,153,000
Total Deposits:$45,071,000

History

1930-02-21Institution established: Original name:Security State Bank of Beardsley
2001-04-01Changed name to The Buffalo Ridge Bank
2001-04-01Acquired Buffalo Ridge State Bank of Ruthton, Inc. (9345) in RUTHTON, MN
2013-03-16Merged into and subsequently operated as part of First Independent Bank (1900) in RUSSELL, MN
2021-12-10Acquired United Southwest BankFirst Independent Bank (10208) in COTTONWOOD, MN.
2022-05-28Acquired Citizens State Bank of Tyler, IncorporatedFirst Independent Bank (10582) in TYLER, MN.

Financial Information (2012-12-31 and Older)