The RiverBank, Wyoming, Minnesota, Fails After 114 Years

The River Bank, Wyoming, Minnesota, was closed today by the Minnesota Department of Commerce.  The FDIC was appointed as receiver and sold the failed bank to Central Bank, Stillwater, MN.  All deposits of The River Bank will be assumed by Central Bank. The River Bank was originally founded as The Bank of Osceola by businessman […]

Rosemount National Bank of Minnesota Closed By Regulators

Rosemount National Bank of Rosemount, Minnesota, was closed today by the Comptroller of the Currency which appointed the FDIC as receiver.  The FDIC sold the failed bank to Central Bank, Stillwater, MN.  Central Bank will assume all deposits and purchase all assets of failed Rosemount Bank. Rosemount Bank was a tiny bank with only one […]