Prosperan Bank in Oakdale Minnesota fails
Prosperan Bank, Oakdale, Minnesota, was closed Friday by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.... More »
Big News Network - Nov. 7, 2009
Prosperan Bank spiraled from solid to shuttered in 7 months
In a sign of how rapidly a bank's fortunes can falter in this economy, Prosperan Bank of Oakdale went from a healthy lending institution to a dead one in seven months. The... More »
Minneapolis Star Tribune - Nov. 7, 2009
Prosperan Bank fails; Alerus Financial buys deposits,...
In the swiftest demise yet of a local bank, Oakdale-based Prosperan Bank was shuttered Friday by state regulators. The deposits and three branches of Prosperan were purchased... More »
Houston Business Journal - Nov. 6, 2009
Prosperan Bank fails; Alerus Financial buys deposits,...
In the swiftest demise yet of a local bank, Oakdale-based Prosperan Bank was shuttered Friday by state regulators. The deposits and three branches of Prosperan were purchased... More »
Biz Journals - Nov. 6, 2009
Prosperan Bank one of 5 banks closed Friday by FDIC
Prosperan Bank, Oakdale, Minnesota, was closed Friday by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.... More »
Malaysia Sun - Nov. 7, 2009
State regulators shutter Oakdale-based Prosperan
Regulators shuttered another east metro bank Friday, bringing the total number of failures in Minnesota this year to six. Oakdale-based Prosperan Bank, which regulators... More »
TwinCities.com - Nov. 6, 2009
Prosperan Bank fails; Alerus Financial buys deposits,...
In the swiftest demise yet of a local bank, Oakdale-based Prosperan Bank was shuttered Friday by state regulators. The deposits and three branches of Prosperan were purchased... More »
San Antonio Business Journal - Nov. 7, 2009