Minnesota – St. Louis – Ely
(NM) Commercial bank, state charter and Fed nonmember
inactive
Minnesota
St. Louis
Ely
(NM) Commercial bank, state charter and Fed nonmember
inactive
22690
1978
FDIC Certificate Number: 22690
FDIC's unique number: 15841
The FDIC Field Office where an institution is physically located: Minneapolis
Federal Reserve ID Number: 13952
Report Date: 1990-09-30
Bank Charter Class: NM
The date of the last data update: 1990-12-07
1978-08-01 Institution established. Original name: Boundary Waters State Bank.
1990-11-30 Merged with government financial assistance and subsequently operated as part of Stearns Bank National Association in Saint Cloud, Minnesota.
1996-10-15 Changed name to Stearns County National Bank .
1997-08-05 Changed name to Stearns Bank National Association .
1997-10-15 Moved bank headquarters from Albany, Minnesota to St. Cloud, Minnesota.
1997-12-17 Moved bank headquarters from St. Cloud, Minnesota to Saint Cloud, Minnesota.
1997-12-17 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
2007-12-28 Acquired Stearns Bank Arizona National Association in Scottsdale, Arizona.
2008-10-24 Acquired Alpha Bank & Trust in Alpharetta, Georgia as part of a government assisted transaction.
2009-06-26 Acquired Horizon Bank in Pine City, Minnesota as part of a government assisted transaction.
2009-08-07 Acquired Community National Bank Of Sarasota County in Venice, Florida as part of a government assisted transaction.
2009-08-07 Acquired First State Bank in Sarasota, Florida as part of a government assisted transaction.
2009-08-21 Acquired Ebank in Atlanta, Georgia as part of a government assisted transaction.
2010-11-12 Acquired Copper Star Bank in Scottsdale, Arizona as part of a government assisted transaction.
Total assets: $13,426,000
Total deposits: $13,413,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-20513