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In May 2015, the bank acquired Central Bancshares of Golden Valley, Minnesota for $134 million in cash and stock. [6] In 2017, the bank opened its first branch in Denver, Colorado. [7] In June 2018, Barry S. Ray was hired as the Chief Financial Officer. In November 2022, Charles N. Reeves was hired as the Chief Executive Officer.
Think Bank is an American mutual bank [1] based out of Rochester, Minnesota. It has eight full locations across Minnesota, as well as ten ATM locations without banks. It was founded in 1961 as the IBM Rochester Employees Credit Union. Somewhere between 1961 and 1994 they became IBM Mid-America Credit Union.
Wings Credit Union is an American credit union headquartered in Apple Valley, Minnesota.With assets of $8.4 billion, the credit union serves eligible Minnesota and Wisconsin counties, the metro areas of Detroit, Orlando, Atlanta and employees in the air transportation industry nationwide.
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The bank closed 37 branches in 2013 and another 33 in 2016. [11] In some locations, it replaced the full-service branches with ATMs. [12] In August 2019, the bank merged into Chemical Financial Corporation, which assumed the TCF name. [13] It was founded as Chemical State Savings Bank in 1917. [14]