Rosemount National Bank Minnesota shut down by the FDIC. Accounts transferred to Central Bank of Minnesota. Depositors must claim FDIC-insured IRA, CD, Savings Accounts and Checking Accounts

	April 15, 2011: Rosemount National Bank, Rosemount, MN was closed by the Office of the Comptroller of the Currency. The Federal Deposit Insurance Corporation was named receiver. Successor Bank: All deposit accounts, including brokered deposits, have been transferred to Central Bank, Stillwater, MN Central Bank 2270 Frontage Road Stillwater, MN 55082 History: Est. in 1982 as Rosemount National Bank ► Depositors must establish contact or the successor bank or the FDIC to reclaim their deposits. ► Not every depositor in a failed bank will receive notification from the FDIC, and there are time limits on claims of FDIC-insured bank accounts, CDs and safe deposit boxes. By law, accounts which go unclaimed for an extended period may be time barred, and safe deposit boxes can be drilled and the contents sold at auction. ► Additionally, accounts transferred to successor institutions may have lower interest rates and can lose insurance coverage. ► It is important to understand you may have an account at a failed institution and not know it, either because you were a depositor at a bank acquired by an institution that subsequently failed, or if you or a deceased family member are the beneficial owner of a brokered fiduciary account. ► For assistance tracing and reclaiming a lost bank account, certificate of deposit (CD) or safe deposit box go to: Unclaimed and Dormant Savings Account and CD Claims
2011 FDIC Insured Failed Banks




Rosemount National Bank 15055 Chippendale Avenue South Rosemount, MN 55068
Established as Rosemount National Bank




Cost to FDIC: $ 4 million