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Central Bank is a full service, independently owned Minnesota bank that specializes in serving the banking needs of small businesses. Central Bank was chartered in April of 1988 when Oak Park State Bank failed and John Morrison, Central Bank’s owner, acquired the failed bank’s assets. In April 1991, the Bank, then called St. Croix Valley Bank, formally merged with Cosmopolitan State Bank and...
; Central Bancshares is the holding company for Central Bank, an independently owned bank that is an Equal Housing Lender and is supervised by the Federal Deposit Insurance Corporation. The bank operates branch locations throughout Minnesota, including in Coon Rapids, Eden Prairie, Golden Valley, St Michael and White Bear Lake. It was chartered in 1919 as Cosmopolitan State Bank of Stillwater....