PROFINIUM HISTORY

  • Bank Name:Profinium
  • Bank Class:Federal Reserve Member Bank
  • Member FDIC:Certificate #1905
  • Locations:4 Branches in Minnesota

Profinium was founded on May 12, 1916 and has been serving the financial needs of their customers for over 107 years.

Profinium currently operates with 4 branches located in Minnesota as a subsidiary of Profinium Financial Holdings, 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 Profinium, including mergers and acquisitions.

DATEEVENT

05-12-1916Institution established. Original name: Peoples State Bank of Truman, Incorporated.

09-30-1989Main Office moved to 102 East Ciro Street, Truman, MN 56088.

04-22-1999Changed Institution Name to Peoples State Bank of Truman, Inc..

08-25-2003Institution becomes member of the Federal Reserve System.

08-25-2003Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).

08-25-2003Changed Primary Federal Regulatory Agency to Fed.

10-13-2003Main Office moved to 414 North Fifth Avenue East, Truman, MN 56088.

10-25-2003Changed Institution Name to Profinium Financial, Inc..

10-25-2003Acquired The Martin County National Bank of Fairmont (5145) in Fairmont, MN.

12-02-2004Changed Trust Powers to Full.

07-15-2013Changed Institution Name to Profinium, Inc..

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NEW BRANCHES

No new branches were opened in the last 12 months...

CLOSED BRANCHES

No branches were closed in the last 6 months...

POPULAR BRANCHES
105 Lake Avenue, Fairmont, MN 56031
1080 West Frontage Road, Owatonna, MN 55060
100 Warren Street; Suite 100, Mankato, MN 56001
414 North Fifth Avenue East, Truman, MN 56088
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