Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Minnesota › Lyon County › 111 W Main St

Full-service office · FDIC office no. 6547

First Independent Bank
111 W Main St, Cottonwood, MN 56229

Open · June 2026

$33.2M
deposits, 2026
2021
established
10th
of 12 in county
3
names on the sign
This office's passbook1994–2026
DateBank on the signDepositsChange
Jun 30 2026First Independent Bank$33.2M+5%
Jun 30 2025First Independent Bank$31.6M+8%
Jun 30 2024First Independent Bank$29.1M−2%
Jun 30 2023First Independent Bank$29.7M−22%
Jun 30 2022First Independent BankNEW NAME$38.1M+30%
Jun 30 2021United Southwest Bank$29.4M+25%
Jun 30 2020United Southwest Bank$23.5M+9%
Jun 30 2019United Southwest Bank$21.6M−7%
Jun 30 2018United Southwest Bank$23.1M−3%
Jun 30 2017United Southwest Bank$23.9M−8%
Jun 30 2016United Southwest Bank$25.8M−1%
Jun 30 2015United Southwest Bank$26.2M+16%
Jun 30 2014United Southwest Bank$22.5M−3%
Jun 30 2013United Southwest Bank$23.1M+6%
Jun 30 2012United Southwest Bank$21.7M+7%
Jun 30 2011United Southwest Bank$20.2M−2%
Jun 30 2010United Southwest Bank$20.6M−1%
Jun 30 2009United Southwest Bank$20.7M+3%
Jun 30 2008United Southwest Bank$20.2M+2%
Jun 30 2007United Southwest Bank$19.7M+2%
Jun 30 2006United Southwest Bank$19.3M−10%
Jun 30 2005United Southwest Bank$21.3M+5%
Jun 30 2004United Southwest Bank$20.2M0%
Jun 30 2003United Southwest Bank$20.3M+4%
Jun 30 2002United Southwest Bank$19.6M+11%
Jun 30 2001United Southwest Bank$17.6M+4%
Jun 30 2000United Southwest Bank$16.9M+1%
Jun 30 1999United Southwest Bank$16.8M−8%
Jun 30 1998United Southwest Bank$18.3M−10%
Jun 30 1997United Southwest BankNEW NAME$20.4M+6%
Jun 30 1996Empire State Bank$19.2M+10%
Jun 30 1995Empire State Bank$17.5M−6%
Jun 30 1994Empire State Bank$18.5M

Nearest other open offices in Lyon County

  1. 11.8 miBMO Bank National Association · 1410 E College Dr, Marshall
  2. 11.8 miFirst Independent Bank · 105 Market St, Marshall
  3. 12.4 miOld National Bank · 208 E College Dr, Marshall
  4. 12.4 miWells Fargo Bank, National Association · 400 W Main St, Marshall
  5. 12.5 miU.S. Bank National Association · 207 W Main St, Ste 102, Marshall
  6. 12.7 miMinnwest Bank · 301 Baseline Rd, Marshall
  7. 15.8 miBMO Bank National Association · 123 N Jefferson St, Minneota
  8. 19.3 miState Bank of Taunton · 101 N Main St, Taunton

All banks in Lyon County →
Every First Independent Bank office →
Earlier names and banks folded into First Independent Bank →

Names on the sign

1994–1996Empire State Bank1997–2021United Southwest Bank2022–nowFirst Independent Bank

The FDIC office number stays with the building when banks merge or rename, so the same office appears under each owner. Follow an earlier name to see what became of that bank.

Deposits are the balances the bank assigned to this office on June 30 of each year, in nominal dollars. Source: FDIC Summary of Deposits, office (UNINUMBR) 6547.