Marquette Bank Minneapolis
From Wikipedia, the free encyclopedia
Marquette National Bank was chartered in 1920 and was named for Marquette Avenue, the financial center of Minneapolis, Minnesota. The bank was eventually acquired by Carl Pohlad and had $350 million in assets in 1982 when it acquired the failing Farmers and Mechanics Savings Bank of Minnepolis (F&M) and had nearly $1 billion of assets prior to sale which was arranged by the FDIC. After the acquisition, the name was changed to Marquette Bank Minneapolis and it had the fouth most assets in the state. The bank was owned by the Bank Shares, Inc. holding company which was controlled by the Pohlad family and which owned several other banks in the Minneapolis area using the Marquette name.
Bank Shares was sold to First Bank (now US Bank) in late 1991 with the deal finally closing in 1993.
 |
This article is uncategorized.
Please help improve this article by adding it to one or more categories, so it may be associated with related articles (how?). Please remove this tag after categorizing. |
|
This article lacks information on the importance of the subject matter. Please help improve this article by providing context for a general audience, especially in the lead section. This article has been tagged since October 2006. (help, talk) |
