History

 

First Bank Blue Earth was founded on November 13, 1869 by Nathanial Chadbourn as a private bank. Throughout the years, through mergers and acquisitions, the bank has been known by the following names:

• Bank of Chadbourn Brothers and Company
• City Bank of Blue Earth City
• Merchants and Farmers bank of Blue Earth City
• Farmers and Merchants State Bank
• First National Bank of Blue Earth
• First Bank Blue Earth

Throughout the 150 plus years the bank’s focus has been on helping the community grow and prosper as a leader in the financial community. In 1987 First National Bank of Blue Earth was purchased from First Bank System Minneapolis by a group of local investors. In 2006 First National Bank of Blue Earth changed its name to First Bank Blue Earth after converting to a state banking charter from the Minnesota Department of Commerce.

 

Today First Bank Blue Earth employs a staff of over 30 people within the bank and insurance agency, including 6 lenders. First Bank Blue Earth continues to be a bank where decisions are made locally, and its customers come first.