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First Independent Bank, History
The following are major historical events for First Independent Bank, including mergers and acquisitions.
| 1903-01-01 | Institution established: Original name:Farmers State Bank of Russell | |
| 1994-12-05 | Changed name to First Independent Bank | |
| 2008-11-29 | Acquired First Independent Bank of Wood Lake (10578) in WOOD LAKE, MN | |
| 2011-12-31 | Acquired State Bank of Lucan (15890) in LUCAN, MN | |
| 2013-03-16 | Acquired The Buffalo Ridge Bank (8219) in BEARDSLEY, MN | |
| 2021-12-10 | Acquired United Southwest BankFirst Independent Bank (10208) in COTTONWOOD, MN. | |
| 2022-05-28 | Acquired Citizens State Bank of Tyler, IncorporatedFirst Independent Bank (10582) in TYLER, MN. |