Unity Bank MN
- Bank Name:Unity Bank MN
- Bank Class:State Chartered - FED Nonmember Bank
- FDIC ID:Certificate #8545 - Inactive
- FED RSSD ID:#854052 - Inactive
History Of Unity Bank MN
Unity Bank MN, originally established as the State Bank of Rush City on April 18, 1882, has undergone several name changes and acquisitions throughout its history. On July 12, 1974, the institution changed its name to First State Bank of Rush City, reflecting a broader banking focus. In 1986, Unity Bank acquired the Farmers State Bank of Clarissa in Clarissa, Minnesota. The bank rebranded as Unity Bank East on June 1, 2005, before moving its main office to 1180 West 4th Street in Rush City, Minnesota, on August 20, 2001. Significant growth followed in December 2006 when Unity Bank changed its name to Unity Bank and acquired Unity Bank Central in Staples, Minnesota, and Unity Bank, National Association in Crosby, Minnesota. The institution reached a pivotal point in its history on February 22, 2019, when it merged with Unity Bank based in Augusta, Wisconsin.
Below is a list of some important events in banks history, including mergers and acquisitions.
1882-04-18Institution established. Original name: State Bank of Rush City.
1974-07-12Changed Institution Name to First State Bank of Rush City.
1986-07-11Acquired Farmers State Bank of Clarissa in Clarissa, Mn.
2001-08-20Main Office moved to 1180 West 4th Street, Rush City, MN 55069.
2005-06-01Changed Institution Name to Unity Bank East.
2006-12-30Acquired Unity Bank, National Association in Crosby, MN.
2006-12-30Acquired Unity Bank Central in Staples, MN.
2006-12-30Changed Institution Name to Unity Bank.
2019-02-22Merged and became part of Unity Bank in Augusta, WI.
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