Beacon Bank
| Status: | Inactive as of 01/16/2016 |
| Merger - Without Assistance | |
| Successor Bank: | Alerus Financial |
| Headquarters: | Beacon Bank 19765 Highway 7 Excelsior, MN 55331 |
| Established: | 01/01/1906 |
| FDIC Insurance: | 01/01/1934 |
| FDIC Cert: | #10581 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $349,989,000 |
| Total Deposits: | $299,618,000 |
History
| 1906-01-01 | Institution established: Original name:First State Bank of New Germany | |
| 1991-01-31 | Moved bank headquarters from NEW GERMANY, MN to EXCELSIOR, MN | |
| 1991-01-31 | Changed name to First State Bank of Excelsior | |
| 1996-04-01 | Moved bank headquarters from EXCELSIOR, MN to SHOREWOOD, MN | |
| 1999-02-01 | Changed name to Beacon Bank | |
| 2016-01-16 | Merged into and subsequently operated as part of Alerus Financial, National Association (3931) in GRAND FORKS, ND |