Northwood State Bank

Details Northwood State Bank Northwood State Bank

North Dakota

Grand Forks

Northwood

(NM) Commercial bank, state charter and Fed nonmember

inactive

10238

1931

FDIC Certificate Number: 10238
FDIC's unique number: 6563
The FDIC Field Office where an institution is physically located: Grand Forks

Federal Reserve ID Number: 694454
Report Date: 1991-03-31

Bank Charter Class: NM
The date of the last data update: 1991-07-23

1931-05-29 Institution established. Original name: Northwood State Bank.
1991-04-20 Merged into and subsequently operated as part of First National Bank North Dakota in Grand Forks, North Dakota.
1991-11-01 Acquired First Federal Savings And Loan Association Of Fargo, F.A. in Fargo, North Dakota.
2000-11-13 Changed name to Alerus Financial, National Association .
2007-01-20 Acquired Alerus Interim, National Association in Minnetonka, Minnesota.
2009-07-17 Acquired Bankfirst in Sioux Falls, South Dakota as part of a government assisted transaction.
2009-11-06 Acquired Prosperan Bank in Oakdale, Minnesota as part of a government assisted transaction.

Total assets: $26,253,000
Total deposits: $23,276,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-19324