State Bank of Gibbon

Status:Inactive as of 07/26/2014
 Merger - Without Assistance
Successor Bank:Minnwest Bank
Headquarters:State Bank of Gibbon
1049 1st Avenue
Gibbon, MN 55335
Established:01/01/1904
FDIC Insurance:01/01/1934
FDIC Cert:#11972
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$25,938,000
Total Deposits:$23,588,000

History

1904-01-01Institution established: Original name:State Bank of Gibbon
1997-03-22Reorganized.
2014-07-26Merged into and subsequently operated as part of Minnwest Bank (16958) in REDWOOD FALLS, 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.

Financial Information (2014-06-30 and Older)