Bank Holding Company
FINLAYSON BANCSHARES INC
2 active banks · 2 merged/absorbed · $1.1B combined assets
RSSD ID: 1126037
Combined Assets
$1.1B
CRA Rating Summary
Satisfactory2charters
Bank Charters
Each charter is examined independently for CRA compliance. Legacy entities were merged or absorbed during corporate consolidation.
FIRST INDEPENDENT BANK
RUSSELL, MN · FDIC · $634M
SatisfactoryNORTHVIEW BANK
SANDSTONE, MN · FDIC · $478M
SatisfactoryFIRST INDEPENDENT BANK OF WOOD LAKE
Merged 2008WOOD LAKE, MN · FDIC · $17M
SatisfactoryFIRST STATE BANK OF FLOODWOOD
Merged 2004FLOODWOOD, MN · FDIC · $15M
Satisfactory
| Charter | Location | Regulator | Assets | Current Rating | Exam Date |
|---|---|---|---|---|---|
| FIRST INDEPENDENT BANK | RUSSELL, MN | FDIC | $634M | Satisfactory | Mar 2024 |
| NORTHVIEW BANK | SANDSTONE, MN | FDIC | $478M | Satisfactory | Sep 2025 |
| FIRST INDEPENDENT BANK OF WOOD LAKEMerged 2008 | WOOD LAKE, MN | FDIC | $17M | Satisfactory | Jun 2004 |
| FIRST STATE BANK OF FLOODWOODMerged 2004 | FLOODWOOD, MN | FDIC | $15M | Satisfactory | Jan 2000 |
CRA (Community Reinvestment Act) exams are conducted per charter, not per holding company. Asset figures are from the most recent FDIC call report.