Boundary Waters State Bank
| Status: | Inactive as of 11/30/1990 |
| Absorption - Assisted | |
| Successor Bank: | Stearns Bank |
| Headquarters: | Boundary Waters State Bank 601 East Sheridan Street Ely, MN 55731 |
| Established: | 08/01/1978 |
| FDIC Insurance: | 08/01/1978 |
| FDIC Cert: | #22690 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $13,426,000 |
| Total Deposits: | $13,413,000 |
History
| 1978-08-01 | Institution established: Original name:Boundary Waters State Bank | |
| 1990-11-30 | Failed. Acquired with government financial assistance and subsequently operated as part of Stearns County National Bank of Albany (10988) | |
| 1996-10-15 | Changed name to Stearns County National Bank (10988) | |
| 1997-08-05 | Changed name to Stearns Bank National Association (10988) | |
| 1997-10-15 | Moved bank headquarters from ELY, MN to ST. CLOUD, MN | |
| 1997-12-17 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
| 1997-12-17 | Moved bank headquarters from ST. CLOUD, MN to SAINT CLOUD, MN | |
| 2007-12-28 | Acquired Stearns Bank Arizona National Association (34431) in SCOTTSDALE, AZ | |
| 2008-10-24 | Acquired Alpha Bank & Trust (58241) in ALPHARETTA, GA as part of a government assisted transaction. | |
| 2009-06-26 | Acquired Horizon Bank (9744) in PINE CITY, MN as part of a government assisted transaction. | |
| 2009-08-07 | Acquired Community National Bank of Sarasota County (27183) in VENICE, FL as part of a government assisted transaction. | |
| 2009-08-07 | Acquired First State Bank (27364) in SARASOTA, FL as part of a government assisted transaction. | |
| 2009-08-21 | Acquired Ebank (34682) in ATLANTA, GA as part of a government assisted transaction. | |
| 2010-11-12 | Acquired Copper Star Bank (35463) in SCOTTSDALE, AZ as part of a government assisted transaction. | |
| 2012-03-23 | Acquired Covenant Bank & Trust (58068) in ROCK SPRING, GA as part of a government assisted transaction. | |
| 2012-07-27 | Acquired Jasper Banking Company (16240) in JASPER, GA as part of a government assisted transaction. | |
| 2012-10-19 | Acquired First East Side Savings Bank (28144) in TAMARAC, FL as part of a government assisted transaction. |