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Data / Bank failures / 2010 / Marshall Bank, National Association

Marshall Bank, National Association, Hallock, MN: failed January 29, 2010

Marshall Bank, National Association in Hallock, Minnesota, failed on January 29, 2010. United Valley Bank of Cavalier, ND, took over its deposits. It held $58.6 million in assets and $55.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.1 million (1.8% of its assets). By assets it was the 140th largest of 157 banks closed or assisted in 2010.

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The FDIC's record

Closed
January 29, 2010
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
United Valley Bank, Cavalier, ND
Total assets
$58,566,000
Total deposits
$55,662,000
Estimated cost to the FDIC
$1,063,357 (estimate as of July 31, 2026)
Charter
National bank (supervised by the OCC)
Insurance fund
DIF
FDIC certificate
16133

The FDIC record

Other bank failures in Minnesota, 2008 to 2012

BankCityClosedAssetsDepositsEstimated costAcquirer
First Commercial BankBloomingtonSeptember 7, 2012$215.9 million$206.8 million$65.2 millionRepublic Bank & Trust Company
Inter Savings Bank, FSB D/b/a/ Interbank, FSBMaple GroveApril 27, 2012$463.8 million$458.1 million$79.7 millionGreat Southern Bank
Home Savings of AmericaLittle FallsFebruary 24, 2012$434.1 million$432.2 million$43 million
Patriot Bank MinnesotaForest LakeJanuary 27, 2012$105 million$102.8 million$35.3 millionFirst Resource Bank
The RiverbankWyomingOctober 7, 2011$419.7 million$384.1 million$71.2 millionCentral Bank
Rosemount National BankRosemountApril 15, 2011$21.5 million$21 million$5.4 millionCentral Bank
Community National BankLino LakesDecember 17, 2010$31.6 million$28.8 million$5.8 millionFarmers & Merchants Savings Bank
Community Security BankNew PragueJuly 23, 2010$100.6 million$95.1 million$18.5 millionRoundbank

All bank failures in 2010 · All bank failures in Minnesota · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.