Bank BranchesEvery insured bank office · FDIC · 1994–2026

Bank Branches › Closed and merged banks › Minnesota › FM Bank

FDIC certificate 10998 · Waseca, MN

FM Bank

FM Bank of Waseca, MN is open today. It is the same bank that used to be called Granite Falls Bank: the name changed, the bank did not close. 4 other banks have been folded into it over the years.

1878
opened
open
today
2
names it used
4
banks folded in

Its names, in order

Every legal name on the FDIC record for this certificate.

  1. 1878
    Granite Falls Bank opens in Waseca, MN
  2. Jun 25, 2021
    renamed FM Bank
  3. Today
    OPEN
    FM BankMain office Waseca, MN · FDIC certificate 10998 · 6 offices in 1 state

    Every FM Bank office →

Its offices in the FDIC deposit reports

6 offices filed under this charter in some year from 1994 on. 6 are still open as of June 30, 2026.

OfficeLast filed under itNow
226 E Lincoln AveFergus Falls, MN2026Open
702 Prentice StGranite Falls, MN2026Open
815 E Depue AveOlivia, MN2026Open
921 BroadwayWheaton, MN2026Open
940 10th AveClarkfield, MN2026Open
220 Elm Ave EWaseca, MN2026Open

Banks folded into FM Bank

3 banks merged directly into this charter; counting the banks those had absorbed earlier, 4 charters end up inside it.

BankEndedHow
State Bank of WheatonWheaton, MNMar 24, 2023merged
F & M Bank MinnesotaClarkfield, MNJun 25, 2021merged
Security State Bank of Fergus FallsFergus Falls, MNJun 25, 2021merged

Source: FDIC BankFind institution and history records, read Nov 15, 2026. Look up certificate 10998 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.