Anchor Bank

Anchor Bank was established on May 15, 1923, under the name West Saint Paul State Bank. Over the ensuing decades, the institution underwent several name changes and relocations. In 1984, it became known as First Bank of Minnesota West St. Paul, before being renamed First National Bank of West St. Paul in 1986. During this period, the bank transitioned to a federal charter, becoming a member of the Federal Reserve System and changing its regulatory oversight to the Office of the Comptroller of the Currency. The name Anchor Bank, West St. Paul National Association was adopted in September 1996, followed by a rebranding to Anchor Bank St. Paul, National Association in December 2006. The bank expanded through the acquisition of several institutions, including Anchor Bank Heritage in Saint Paul, Anchor Bank Farmington, and Anchor Bank National Association in Wayzata, all on November 14, 2009. On January 28, 2008, it relocated its main office to 1570 Concordia Avenue in Saint Paul, Minnesota. Ultimately, on November 1, 2017, Anchor Bank merged with Old National Bank based in Evansville, Indiana.

Below is a list of some important events in banks history, including mergers and acquisitions.

1923-05-15Institution established. Original name: West Saint Paul State Bank.

1978-10-02Main Office moved to 66 East Thompson Avenue, West St. Paul, Mn 55118.

1984-09-27Changed Institution Name to First Bank of Minnesota West St. Paul.

1986-10-17Institution becomes member of the Federal Reserve System.

1986-10-17Changed Chartering Agency to The Office of the Comptroller of the Currency.

1986-10-17Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

1986-10-17Changed Institution Name to First National Bank of West St. Paul.

1996-09-01Changed Institution Name to Anchor Bank, West St. Paul National Association.

2003-02-01Main Office moved to 66 East Thompson Avenue, West Saint Paul, MN 55118.

2003-02-01Changed Trust Powers to Full.

2006-12-01Acquired Anchor Bank Saint Paul in Saint Paul, MN.

2006-12-02Changed Institution Name to Anchor Bank St. Paul, National Association.

2008-01-28Main Office moved to 1570 Concordia Avenue, Saint Paul, MN 55104.

2008-11-14Acquired Anchor Bank Farmington, National Association in Farmington, MN.

2009-11-14Acquired Anchor Bank Heritage, National Association in North Saint Paul, MN.

2009-11-14Acquired Anchor Bank National Association in Wayzata, MN.

2009-11-14Changed Institution Name to Anchor Bank, National Association.

2017-11-01Merged and became part of Old National Bank in Evansville, IN.