State Bank of Richmond

The State Bank of Richmond was established on June 4, 1904, as a financial institution in Richmond, Minnesota. Over the years, the bank underwent multiple changes in its main office location; it moved to 22 Central Avenue, Richmond, Minnesota, on December 30, 1989, and later relocated to the same address but explicitly mentioned as 22 Central Avenue South on January 1, 2012. On June 25, 2018, the State Bank of Richmond merged with and became part of Falcon National Bank, which is based in Foley, Minnesota, marking the end of the State Bank's independent operations.

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

1904-06-04Institution established. Original name: State Bank of Richmond.

1989-12-30Main Office moved to 22 Central Avenue, Richmond, MN 56368.

2012-01-01Main Office moved to 22 Central Avenue South, Richmond, MN 56368.

2018-06-25Merged and became part of Falcon National Bank in Foley, MN.