First State Bank of Clearbrook

  • Bank Name:First State Bank of Clearbrook
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #10559 - Inactive
  • FED RSSD ID:#403357 - Inactive
Headquarters:123 Main Street South, Clearbrook, Minnesota 56634
Acquired by Border State Bank
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History Of First State Bank of Clearbrook

The First State Bank of Clearbrook was established on January 1, 1910, in Clearbrook, Minnesota. Over its history, the bank underwent several changes in ownership and name. On December 30, 1989, the main office relocated to Main Street in Clearbrook, and later on March 1, 1993, it moved again to 123 Main Street South in the same city. In a significant development, the bank merged with Border State Bank on October 15, 2018, becoming a part of the institution based in Greenbush, Minnesota. Subsequently, on June 15, 2020, the bank changed its name to Border Bank. The institution officially ceased to exist as the First State Bank of Clearbrook on December 7, 2020, when it merged with Border Bank, which is headquartered in Fargo, North Dakota.

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

1910-01-01Institution established. Original name: First State Bank of Clearbrook.

1989-12-30Main Office moved to Main Street, Clearbrook, MN 56634.

1993-03-01Main Office moved to 123 Main Street South, Clearbrook, MN 56634.

2018-10-15Merged and became part of Border State Bank in Greenbush, MN.

2020-06-15Changed Institution Name to Border Bank.

2020-12-07Merged and became part of Border Bank in Fargo, ND.

2020-12-07Changed Institution Name to Border Bank.

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