FIRST INDEPENDENT BANK HISTORY
- Bank Name:First Independent Bank
- Bank Class:Federal Reserve Non-member Bank
- Member FDIC:Certificate #1900
- Locations:11 Branches in Minnesota
First Independent Bank was founded on January 1, 1903 and has been serving the financial needs of their customers for over 121 years.
First Independent Bank currently operates with 11 branches located in Minnesota as a subsidiary of Finlayson Bancshares, Inc.. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of First Independent Bank, including mergers and acquisitions.
DATEEVENT
01-01-1903Institution established. Original name: Farmers State Bank of Russell.
09-30-1989Main Office moved to Main Street, Russell, MN 56169.
12-05-1994Changed Institution Name to First Independent Bank.
11-29-2008Acquired First Independent Bank of Wood Lake (10578) in Wood Lake, MN.
04-16-2009Main Office moved to 300 Front Street, Russell, MN 56169.
12-31-2011Acquired State Bank of Lucan (15890) in Lucan, MN.
03-16-2013Acquired The Buffalo Ridge Bank (8219) in Beardsley, MN.
12-10-2021Acquired United Southwest Bank (10208) in Cottonwood, MN.
05-28-2022Acquired Citizens State Bank of Tyler, Incorporated (10582) in Tyler, MN.
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