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Minnesota bank failures

Last update: November 6, 2009 - 8:43 PM

 

These Minnesota banks have been shut by regulators since the financial crisis began two years ago:

Bank (Location ) Assets Closing Date Acquiring Institution

First Integrity Bank (Staples) $54.7 million May 30, 2008 First International Bank

and Trust (Watford City, N.D.)

Horizon Bank (Pine City) $87.6 million June 26, 2009 Stearns Bank (St. Cloud)

Mainstreet Bank (Forest Lake) $459 million Aug. 28, 2009 Central Bank (Stillwater)

Brickwell Community Bank $72 million Sept. 11, 2009 CorTrust Bank

(Woodbury) (Mitchell, S.D.)

Jennings State Bank (Spring Grove) $56 million Oct. 2, 2009 Central Bank (Stillwater)

Riverview Community Bank (Otsego) $108 million Oct. 23, 2009 Central Bank (Stillwater)

Prosperan Bank (Oakdale) $200 million Nov. 6, 2009 Alerus Financial

(Grand Forks, N.D.)

Source: Federal Deposit Insurance Corp.

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