The Gary State Bank

The Gary State Bank was established on August 17, 1946, initially operating under that name. Over the years, the bank underwent several relocations of its main office, including a move on December 30, 1989, to Main Street in Gary, Minnesota. The bank further relocated its main office on March 31, 2006, to 112 Main Avenue, also in Gary, Minnesota. The institution continued to operate until September 27, 2023, when it merged with Ultima Bank Minnesota, which is located in Winger, Minnesota.

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

1946-08-17Institution established. Original name: The Gary State Bank.

1989-12-30Main Office moved to Main Street, Gary, MN 56545.

2006-03-31Main Office moved to 112 Main Ave, Gary, MN 56545.

2023-09-27Merged and became part of Ultima Bank Minnesota in Winger, MN.