Home > Citizens State Bank of Gibbon (Incorporated)

Citizens State Bank of Gibbon (Incorporated)

Status:Inactive as of 03/18/1988
 Absorption - Assisted
Successor Bank:Minnesota Valley Bank
Headquarters:Citizens State Bank of Gibbon (Incorporated)
Main Street
Gibbon, MN 55335
Established:09/30/1906
FDIC Insurance:01/15/1934
FDIC Cert:#13640
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$15,051,000
Total Deposits:$14,828,000

History

1906-09-30Institution established: Original name:Citizens State Bank of Gibbon (Incorporated)
1988-03-18Failed. Acquired with government financial assistance and subsequently operated as part of Minnesota Valley Bank (9342)
1993-06-02Acquired State Bank of Redwood (9352) in REDWOOD FALLS, MN
1997-02-07Changed name to Minnesota Valley Bank (16958)
1997-02-07Merged into and subsequently operated as part of Minnesota Valley Bank (16958) in REDWOOD FALLS, MN
2002-05-01Changed name to Minnwest Bank, M.V. (16958)
2014-05-24Changed name to Minnwest Bank (16958)
2014-05-24Acquired Minnwest Bank Central (1398) in MONTEVIDEO, MN
2014-05-24Acquired Minnwest Bank Metro (17898) in EAGAN, MN
2014-05-24Acquired Minnwest Bank Sioux Falls (35545) in SIOUX FALLS, SD
2014-05-24Acquired Minnwest Bank South (1410) in TRACY, MN
2014-05-24Acquired Minnwest Bank Luverne (8224) in LUVERNE, MN
2014-07-26Acquired State Bank of Gibbon (11972) in GIBBON, MN
2018-09-21Acquired Security State Bank of Lewiston (10201) in LEWISTON, MN
2018-11-16Acquired First State Bank (15787) in WILMOT, SD
2018-11-16Acquired Peoples State Bank (9950) in SUMMIT, SD
2021-11-19Acquired RoundbankMinnwest Bank (5271) in WASECA, MN.