Minnesota – Chippewa – Montevideo
(NM) Commercial bank, state charter and Fed nonmember
active
www.minnwestbank.com
Minnesota
Chippewa
Montevideo
(NM) Commercial bank, state charter and Fed nonmember
active
1398
1930
FDIC Certificate Number: 1398
FDIC's unique number: 920
The FDIC Field Office where an institution is physically located: Fargo
Federal Reserve ID Number: 699552
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 4
Number of Foreign Offices: 0
The date of the last data update: 2008-04-01
1930-09-04 Institution established. Original name: Northwestern State Bank Of Montevideo.
1983-05-01 Changed name to Norwest Bank Montevideo .
1987-01-20 Reorganized.
1987-01-20 Changed name to Minnwest Bank Montevideo .
1988-09-30 Acquired Watson State Bank in Watson, Minnesota.
1998-07-31 Acquired Minnwest Bank Dawson in Dawson, Minnesota.
1998-07-31 Changed name to Minnwest Bank Central .
2008-03-15 Acquired Minnwest Bank Ortonville in Ortonville, Minnesota.
Total assets: $316,240,000
Total deposits: $261,281,000
Deposits held in domestic offices: $261,281,000
Equity capital: $29,351,000
Net income: $1,230,000
Return on Assets: 0.76
Return on Equity: 8.42
Last updated on: 2011-10-20
Bank Holding Company: Minnwest Corporation
Minnwest Bank Central - Dawson Branch
Minnwest Bank Central - Minnwest Bank Central
Minnwest Bank Central - Minnwest Bank Ortonville Branch
Minnwest Bank Central - Montevideo Branch
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