Bank Branches › Banks › First Independent Bank
First Independent Bank
12 offices in 1 state as of June 30, 2026. $533 million in deposits. Main office: 300 Front St, Russell, MN. FDIC certificate 1900.
12
offices
1
states
−0
gone since 2025
+0
new since 2025
Where its offices are
Offices over time
Bank offices reporting on June 30Deposits booked at them (nominal dollars, own scale)
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 1 | $12.4M | |
| Jun 30 1995 | 2 | +1 | $14.6M |
| Jun 30 2000 | 3 | · | $44.3M |
| Jun 30 2005 | 4 | +1 | $113M |
| Jun 30 2010 | 6 | · | $127M |
| Jun 30 2015 | 9 | · | $227M |
| Jun 30 2020 | 8 | −1 | $258M |
| Jun 30 2025 | 11 | · | $448M |
| Jun 30 2026PEAK | 12 | +1 | $533M |
Open the full passbook — all 33 years ▾
| Date | offices | Change | Deposits |
|---|---|---|---|
| Jun 30 1994 | 1 | $12.4M | |
| Jun 30 1995 | 2 | +1 | $14.6M |
| Jun 30 1996 | 2 | · | $19.8M |
| Jun 30 1997 | 2 | · | $22.4M |
| Jun 30 1998 | 2 | · | $27.8M |
| Jun 30 1999 | 3 | +1 | $44.2M |
| Jun 30 2000 | 3 | · | $44.3M |
| Jun 30 2001 | 3 | · | $55.4M |
| Jun 30 2002 | 3 | · | $83.5M |
| Jun 30 2003 | 3 | · | $105M |
| Jun 30 2004 | 3 | · | $113M |
| Jun 30 2005 | 4 | +1 | $113M |
| Jun 30 2006 | 4 | · | $109M |
| Jun 30 2007 | 4 | · | $106M |
| Jun 30 2008 | 4 | · | $103M |
| Jun 30 2009 | 6 | +2 | $125M |
| Jun 30 2010 | 6 | · | $127M |
| Jun 30 2011 | 6 | · | $138M |
| Jun 30 2012 | 7 | +1 | $195M |
| Jun 30 2013 | 9 | +2 | $250M |
| Jun 30 2014 | 9 | · | $238M |
| Jun 30 2015 | 9 | · | $227M |
| Jun 30 2016 | 9 | · | $228M |
| Jun 30 2017 | 9 | · | $227M |
| Jun 30 2018 | 9 | · | $220M |
| Jun 30 2019 | 9 | · | $222M |
| Jun 30 2020 | 8 | −1 | $258M |
| Jun 30 2021 | 8 | · | $326M |
| Jun 30 2022 | 11 | +3 | $434M |
| Jun 30 2023 | 11 | · | $395M |
| Jun 30 2024 | 11 | · | $413M |
| Jun 30 2025 | 11 | · | $448M |
| Jun 30 2026PEAK | 12 | +1 | $533M |
Counted under FDIC certificate 1900. When one bank buys another, the bought bank's offices move onto the buyer's certificate, so a jump here is usually a merger, not a building spree. Its earlier names and the banks folded into it →
Offices with the most deposits booked
| Office | Deposits |
|---|---|
| Marshall BranchMarshall, MN | $137M |
| First Independent BankRussell, MN | $91.2M |
| State Bank Of Lucan BranchLucan, MN | $50.1M |
| Balaton BranchBalaton, MN | $46.3M |
| Tyler BranchTyler, MN | $38.9M |
| First Security Bank BranchHendricks, MN | $35.4M |
| Cottonwood BranchCottonwood, MN | $33.2M |
| Main Street - Ruthton BranchRuthton, MN | $30.9M |
| Wood Lake BranchWood Lake, MN | $26.3M |
| Beardsley BranchBeardsley, MN | $24.0M |
By state
| State | Offices |
|---|---|
| Minnesota | 12 |