Watson State Bank
| Status: | Inactive as of 09/30/1988 |
| Absorption - Assisted | |
| Successor Bank: | Minnwest Bank Central |
| Headquarters: | Watson State Bank Main Street Watson, MN 56295 |
| Established: | 01/01/1934 |
| FDIC Insurance: | 01/01/1934 |
| FDIC Cert: | #8837 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $13,731,000 |
| Total Deposits: | $12,865,000 |
History
| 1934-01-01 | Institution established: Original name:Watson State Bank | |
| 1988-09-30 | Failed. Acquired with government financial assistance and subsequently operated as part of Minnwest Bank Montevideo (1398) | |
| 1998-07-31 | Changed name to Minnwest Bank Central (1398) | |
| 1998-07-31 | Acquired Minnwest Bank Dawson (15416) in DAWSON, MN | |
| 2008-03-15 | Acquired Minnwest Bank Ortonville (9344) in ORTONVILLE, MN | |
| 2014-05-24 | Changed name to Minnwest Bank (16958) | |
| 2014-05-24 | Acquired Minnwest Bank Metro (17898) in EAGAN, MN | |
| 2014-05-24 | Acquired Minnwest Bank Sioux Falls (35545) in SIOUX FALLS, SD | |
| 2014-05-24 | Merged into and subsequently operated as part of Minnwest Bank (16958) in REDWOOD FALLS, MN | |
| 2014-05-24 | Acquired Minnwest Bank Central (1398) in MONTEVIDEO, MN | |
| 2014-05-24 | Acquired Minnwest Bank Luverne (8224) in LUVERNE, MN | |
| 2014-05-24 | Acquired Minnwest Bank South (1410) in TRACY, MN | |
| 2014-07-26 | Acquired State Bank of Gibbon (11972) in GIBBON, MN | |
| 2018-09-21 | Acquired Security State Bank of Lewiston (10201) in LEWISTON, MN | |
| 2018-11-16 | Acquired Peoples State Bank (9950) in SUMMIT, SD | |
| 2018-11-16 | Acquired First State Bank (15787) in WILMOT, SD | |
| 2021-11-19 | Acquired RoundbankMinnwest Bank (5271) in WASECA, MN. |