State Bank of Barnum was a state nonmember bank in Barnum, MN. It failed on Feb 9, 1983, and its insured deposits were paid out. At its last report it held $13.9 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- Feb 9, 1983
- Assets
- $13.9M
- Deposits
- $13.1M
- Estimated cost
- $1.7M
- Deposits went to
- payout
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Barnum, MN, 55707
- County
- Carlton
- Established
- Dec 12, 1903
- Failed
- Feb 9, 1983
- Id
- b15748
Related pages
Questions and answers
When did State Bank of Barnum fail?
Feb 9, 1983. The estimated cost of the failure was $1.71 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.