Minnesota – Redwood – Redwood Falls
(NM) Commercial bank, state charter and Fed nonmember
active
www.minnwestbank.com
Minnesota
Redwood
Redwood Falls
(NM) Commercial bank, state charter and Fed nonmember
active
16958
1941
FDIC Certificate Number: 16958
FDIC's unique number: 11035
The FDIC Field Office where an institution is physically located: Mankato
Federal Reserve ID Number: 302656
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 8
Number of Foreign Offices: 0
The date of the last data update: 2006-11-03
1941-05-19 Institution established. Original name: Belview State Bank.
1997-02-07 Acquired Minnesota Valley Bank in Redwood Falls, Minnesota.
1997-02-07 Changed name to Minnesota Valley Bank .
1997-02-07 Moved bank headquarters from Belview, Minnesota to Redwood Falls, Minnesota.
2002-05-01 Changed name to Minnwest Bank, M.v. .
Total assets: $498,854,000
Total deposits: $427,823,000
Deposits held in domestic offices: $427,823,000
Equity capital: $49,681,000
Net income: $2,243,000
Return on Assets: 0.87
Return on Equity: 9.17
Last updated on: 2011-10-20
Bank Holding Company: Minnwest Corporation
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Profile ID: LFUS-BAB-P-5357