Data / Bank failures / 2011 / Rosemount National Bank
Rosemount National Bank, Rosemount, MN: failed April 15, 2011
Rosemount National Bank in Rosemount, Minnesota, failed on April 15, 2011. Central Bank of Stillwater, MN, took over its deposits. It held $21.5 million in assets and $21 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $5.4 million (25.2% of its assets). By assets it was the 92nd largest of 92 banks closed or assisted in 2011.
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The FDIC's record
- Closed
- April 15, 2011
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Central Bank, Stillwater, MN
- Total assets
- $21,454,000
- Total deposits
- $20,980,000
- Estimated cost to the FDIC
- $5,398,076 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- DIF
- FDIC certificate
- 24099
Other bank failures in Minnesota, 2009 to 2013
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| 1ST Regents Bank | Andover | January 18, 2013 | $49.6 million | $49.1 million | $12.2 million | First Minnesota Bank |
| First Commercial Bank | Bloomington | September 7, 2012 | $215.9 million | $206.8 million | $65.2 million | Republic Bank & Trust Company |
| Inter Savings Bank, FSB D/b/a/ Interbank, FSB | Maple Grove | April 27, 2012 | $463.8 million | $458.1 million | $79.7 million | Great Southern Bank |
| Home Savings of America | Little Falls | February 24, 2012 | $434.1 million | $432.2 million | $43 million | |
| Patriot Bank Minnesota | Forest Lake | January 27, 2012 | $105 million | $102.8 million | $35.3 million | First Resource Bank |
| The Riverbank | Wyoming | October 7, 2011 | $419.7 million | $384.1 million | $71.2 million | Central Bank |
| Community National Bank | Lino Lakes | December 17, 2010 | $31.6 million | $28.8 million | $5.8 million | Farmers & Merchants Savings Bank |
| Community Security Bank | New Prague | July 23, 2010 | $100.6 million | $95.1 million | $18.5 million | Roundbank |
Other failed banks Central Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| The Riverbank | Wyoming | MN | October 7, 2011 | $419.7 million | $384.1 million | $71.2 million | Central Bank |
| Commerce Bank of Southwest Florida | Fort Myers | FL | November 20, 2009 | $71 million | $72.8 million | $32.2 million | Central Bank |
| Riverview Community Bank | Ostego | MN | October 23, 2009 | $99.1 million | $75 million | $23.5 million | Central Bank |
| Jennings State Bank | Spring Grove | MN | October 2, 2009 | $52.3 million | $50.8 million | $18.9 million | Central Bank |
| Mainstreet Bank | Forest Lake | MN | August 28, 2009 | $458.5 million | $432.8 million | $89.9 million | Central Bank |
| National Industrial Bank of Connecticut | Meriden | CT | November 9, 1989 | $46.5 million | $48.3 million | $5.3 million | Central Bank |
| Delta Pacific Bank | Pittsburg | CA | October 30, 1987 | $17.7 million | $17 million | $1.3 million | Central Bank |
| American City Bank | Los Angles | CA | February 25, 1983 | $319.4 million | $293.9 million | $25.3 million | Central Bank |
All bank failures in 2011 · All bank failures in Minnesota · Every failed bank Central Bank took over · 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.