About First Minnesota Bank
First Minnesota Bank is a Financial Services company based in Minnetonka (United States) founded in 1881, and was acquired by CorTrust Bank in May 2019. Commercial banking services are provided in Minnesota since 1881. Its chief executive, as recorded, is Scott Laugen. First Minnesota Bank offers products and services including Personal Banking, Credit Cards, Mortgage Loans, and Business Loans. Its focus areas include Banks and Commercial Banks. Its competitors include First Republic Bank, Truist and Equity Bank; 1 of its 3 listed competitors has raised funding.
Company details
First Minnesota Bank was established in 1881 as a commercial bank based in Minnetonka, United States. Operations focus on deposit accounts, loans, and financial services for businesses and individuals within the region. Leadership is provided by CEO Scott Laugen. The institution serves local communities through its domain, firstmnbank.com, emphasizing standard banking practices in the financial sector.
- Headquarters Minnetonka, United States
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website firstmnbank.com
- Social LinkedIn X Facebook
- Acquired by CorTrust Bank (May 2019)
- Investors
- Acquired byCorTrust Bank
(May 2019)
Products & Services of First Minnesota Bank
First Minnesota Bank offers a comprehensive portfolio of products and services, including Personal Banking, Credit Cards, Mortgage Loans, and Business Loans.
Services for managing individual accounts and finances
Tools for secure credit transactions and payments
Options for home financing and purchase support
Funding solutions for commercial operations and growth
Investors in First Minnesota Bank
First Minnesota Bank has secured backing from 1 investor. Prominent investors backing the company include CorTrust Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services are provided across the United States. | 1930 | cortrustbank.com | Mitchell, United States |
Investor details for First Minnesota Bank
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People of First Minnesota Bank
1 people are tracked at First Minnesota Bank (1 in leadership).
| Name | Role | Group |
|---|---|---|
Scott Laugen | CEO | Leadership |
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Timeline of First Minnesota Bank
2 dated milestones of First Minnesota Bank across 138 years, from founding to its latest funding, stage changes and deals.
- Founded First Minnesota Bank is founded.
- Exit Acquired by CorTrust Bank.
Competitors of First Minnesota Bank
First Minnesota Bank has 3 listed competitors in our database, 1 of them funded. They include First Republic Bank, Truist and Equity Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| firstrepublic.com | 1985 | San Francisco, United States | 7,065 | Commercial bank | ||
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. |
Detailed competitors of First Minnesota Bank
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Web traffic of First Minnesota Bank
Websites that share an audience with First Minnesota Bank (firstmnbank.com).
Websites whose visitors overlap most with First Minnesota Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bankwestmn.com | 100% | 12.9K | #1,465,542 | View details | |
cbhutch.com | cbhutch.com | 93% | #2,977,373 | – | |
| midcountrybank.com | 69% | View details | |||
| kleinbank.com | 69% | View details |
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Related news about First Minnesota Bank
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Frequently Asked Questions about First Minnesota Bank
First Minnesota Bank was founded in 1881.
First Minnesota Bank is headquartered in Minnetonka, United States. It is registered at Minnetonka, Minnesota, United States.
Scott Laugen is the CEO of First Minnesota Bank, as recorded in our data.
First Minnesota Bank was established in 1881 as a commercial bank based in Minnetonka, United States. Operations focus on deposit accounts, loans, and financial services for businesses and individuals within the region. Leadership is provided by CEO Scott Laugen. The institution serves local communities through its domain, firstmnbank.com, emphasizing standard banking practices in the financial sector.
First Minnesota Bank's top competitors include Truist, First Republic Bank and Equity Bank.
First Minnesota Bank offers Personal Banking, Credit Cards, Mortgage Loans, and Business Loans.
First Minnesota Bank has 1 investor. Key investors include CorTrust Bank.
Yes. First Minnesota Bank was acquired by CorTrust Bank in May 2019.