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Data / Bank failures / 2014 / Northern Star Bank

Northern Star Bank, Mankato, MN: failed December 19, 2014

Northern Star Bank in Mankato, Minnesota, failed on December 19, 2014. Bankvista of Sartell, MN, took over its deposits. It held $18.8 million in assets and $18.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $3.9 million (21% of its assets). By assets it was the 18th largest of 18 banks closed or assisted in 2014.

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The FDIC's record

Closed
December 19, 2014
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Bankvista, Sartell, MN
Total assets
$18,794,000
Total deposits
$18,221,000
Estimated cost to the FDIC
$3,946,251 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
DIF
FDIC certificate
34983

The FDIC record

Other bank failures in Minnesota, 2012 to 2016

BankCityClosedAssetsDepositsEstimated costAcquirer
1ST Regents BankAndoverJanuary 18, 2013$49.6 million$49.1 million$12.2 millionFirst Minnesota Bank
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

All bank failures in 2014 · 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.