First Minnesota Bank

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24000 Highway 7 Ste 125
Excelsior, MN 55331
+1 (952) 392-3686
http://www.usbanklocations.com

First Minnesota Bank, located in Excelsior, MN, is part of a diverse banking landscape that includes a multitude of major national and regional banks. The bank operates within a competitive environment characterized by various rankings, including those based on the number of branches, total assets, and deposits across the United States.

With a focus on serving the local community, First Minnesota Bank aims to provide tailored financial solutions amidst a wide array of banking options available in the marketplace. The institution contributes to a vibrant banking sector that includes notable players such as JPMorgan Chase, Wells Fargo, and Bank of America, among others.

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First Minnesota Bank Operations

First Minnesota Bank, originally established as The First National Bank of Glencoe in 1881, underwent several name and organizational changes throughout its history, ultimately becoming a commercial bank regulated by the Federal Deposit Insurance Corporation. As of August 17, 2019, the institution was absorbed by CorTrust Bank, marking the end of its operations under the First Minnesota Bank name. At the time of its merger, the bank boasted total assets of approximately $352 million and total deposits nearing $284 million, having evolved significantly since its inception over a century ago. Its journey included acquiring various banks and relocating its headquarters multiple times, reflecting a dynamic presence in the regional banking sector. Generated from the website

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