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Failed Bank Information for Marshall Bank, National Association, Hallock, MN

On Friday, January 29, 2010, Marshall Bank, National Association was closed by the Office of the Comptroller of the Currency. The FDIC was named Receiver. United Valley Bank, Cavalier, ND acquired all deposit accounts.

The FDIC as Receiver for Marshall Bank, National Association, Hallock, MN has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on April 9, 2021 and has made all dividend distributions required by law.

Effective September 1, 2021, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination

Effective Date: September 1, 2021


Notice of Intent to Terminate

Publication Date: April 9, 2021

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware of scams!

Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

caution

Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: UNITED VALLEY BANK

About United Valley Bank

All deposit accounts were transferred to United Valley Bank, Cavalier, ND ("assuming institution"). Former Marshall Bank, National Association locations reopened as branches of United Valley Bank.

Your transferred deposits were separately insured from any accounts you may have already had at United Valley Bank for at least six months after the failure of Marshall Bank, National Association.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with United Valley Bank as long as the deposits are not pledged as collateral for loans.

Contacting United Valley Bank

You can contact United Valley Bank:

United Valley Bank
211 Division Avenue South
Cavalier, ND 58220

United Valley Bank ( www.uvbank.net)

Transaction Documentation

Purchase & Assumption Agreement - PDF ( 577 kb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank