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Mainstreet bank

September 2, 2009

Central Bank of Stillwater bought the assets and deposits of Mainstreet Bank branches across the state when Mainstreet was closed Saturday after the state Department of Commerce announced it had failed. Central Bank officials said Mainstreet Bank customers will see little to no changes to their accounts or banking.

Mainstreet Bank's Woodbury branch part of buyout

Customers of now-defunct Mainstreet Bank, including its Woodbury location, should notice little change under the new ownership of Central Bank,...

News/business September 2, 2009 - 10:13am

August 31, 2009

Woodbury branch part of Mainstreet Bank buyout

Customers of now-defunct Mainstreet Bank, including its Woodbury location, should notice little change under the new ownership of Central Bank, that bank's CEO said today. Mainstreet Bank failed and was closed Friday by the Federal Insurance Deposit Corp.

News August 31, 2009 - 2:26pm

March 25, 2009

Merchants Bank to acquire Cottage Grove Mainstreet Bank

Merchants Financial Group, Inc., plans to purchase the deposits and building of the Mainstreet Bank at 7200 East Point Douglas Road in Cottage Grove, according to a press release. The two banks announced they had reached an agreement on the sale of the bank for approximately $16...

News/business March 25, 2009 - 12:49pm