Bank Midwest
- Bank Name:Bank Midwest
- Bank Class:State Chartered - FED Member Bank
- Member FDIC:Certificate #5170
- Routing Number:ACH & Wire - 091201643
- Locations:11 Branches in 3 states
- Web Address:bankmidwest.com
Bank Midwest Information
Bank Midwest was founded in January 1887 and is based in Spirit Lake, Iowa. The bank operates as a subsidiary of Goodenow Bancorporation. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Bank Midwest is classified as a commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB). Bank Midwest is a FDIC-insured bank with certificate number of 5170. The assigned Fed RSSD ID of Bank Midwest is 45551.
Bank Midwest currently operates with 11 branches located in 3 states. The bank has most branches in Minnesota, Iowa and South Dakota. Bank Midwest is the 55th largest bank in Minnesota with 6 branches; 107th in Iowa with 4 branches and 72nd in South Dakota with 1 branches.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Bank Midwest is 091201643. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 1525 18th Street, Spirit Lake, IA 51360. You can visit the official website of the bank at https://bankmidwest.com for more information and online banking service if available. For a comprehensive list of Bank Midwest branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
History Of Bank Midwest
Bank Midwest is a financial institution that was established in 1887 under the name First National Bank in Jackson. The institution underwent several significant changes over the decades, notably in 1990 when it changed its name to Bank Midwest, Minnesota Iowa, National Association. In 1991, its main office was relocated to Downtown Plaza in Fairmont, Minnesota. The bank continued to expand its presence through acquisitions, including the purchase of Bank Midwest, Minnesota Iowa, National Association in Fairmont, Minnesota, and Okoboji, Iowa, in 1991 and 1997, respectively. In 2000, it acquired Bank Midwest of Cottonwood County in Windom, Minnesota. A major overhaul occurred on July 1, 2008, when the bank rebranded itself as Bank Midwest, moved its main office to 1525 18th Street in Spirit Lake, Iowa, and updated its regulatory status to become a state-chartered bank and a member of the Federal Reserve System. On June 3, 2011, Bank Midwest further expanded its operations by acquiring Farmers State Bank of Sherburn, Minnesota.
Below is a list of some important events in bank's history, including mergers and acquisitions.
06-03-2011Acquired Farmers State Bank of Sherburn in Sherburn, MN.
07-01-2008Main Office moved to 1525 18th Street, Spirit Lake, IA 51360.
07-01-2008Changed Institution Name to Bank Midwest.
07-01-2008Changed Primary Federal Regulatory Agency to FED.
07-01-2008Changed Bank Class to State Chartered Bank, member of the Federal Reserve System (FRS).
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