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Bank Branches › Closed and merged banks › Minnesota › Minnwest Bank Dawson

FDIC certificate 15416 · Dawson, MN

What happened to Minnwest Bank Dawson?

Minnwest Bank Dawson in Dawson, MN (earlier called Northwestern State Bank of Dawson and 1 other name) merged into Minnwest Bank Montevideo of Montevideo, MN on Jul 31, 1998. After 1 more change of hands, what was Minnwest Bank Dawson is today part of Minnwest Bank (Redwood Falls, MN).

1931
opened
1998
merged away
3
names it used
2
steps to today's bank

The chain, step by step

From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.

  1. 1931
    Northwestern State Bank of Dawson opens in Dawson, MN
  2. May 1, 1983
    renamed Norwest Bank Dawson
  3. Jan 20, 1987
    renamed Minnwest Bank Dawson
  4. Jul 31, 1998
    MERGEDMinnwest Bank Dawson merged into Minnwest Bank Montevideo of Montevideo, MN.FDIC certificate 15416 ends; its business continues under certificate 1398.
  5. May 24, 2014
    MERGEDMinnwest Bank Montevideo (by then renamed Minnwest Bank Central) of Montevideo, MN merged into Minnwest Bank of Redwood Falls, MN.FDIC certificate 1398 ends; its business continues under certificate 16958.
  6. Today
    OPEN
    Minnwest BankMain office Redwood Falls, MN · FDIC certificate 16958 · 36 offices in 2 states on June 30, 2026

    Every Minnwest Bank office →   Website on file with the FDIC: www.minnwestbank.com

If you still have something from Minnwest Bank Dawson

A lien that was never released

If a paid-off mortgage, home-equity line or car loan still shows Minnwest Bank Dawson as lienholder, start with Minnwest Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.

The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.

Record the release with the same county office that recorded the original mortgage or deed of trust.

An old account, passbook or CD

Ask Minnwest Bank to search for the account under the name Minnwest Bank Dawson. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.

Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.

A safe deposit box

Ask Minnwest Bank which branch now holds boxes from the Minnwest Bank Dawson office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.

Box contents are not covered by FDIC insurance.

Not sure this is your bank?

Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.

Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.

One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.

This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.

Where the guidance comes from ▾

Its offices in the FDIC deposit reports

1 office filed under this charter in some year from 1994 on. 1 is still open as of June 30, 2026.

OfficeLast filed under itNow
579 Pine StDawson, MN1998OpenMinnwest Bank

Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 15416 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.