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Our History

First Bank Blue Earth was founded on November 13, 1869 by Nathanial Chadbourn as a private bank and was eventually renamed First National Bank of Blue Earth. Throughout the years, through mergers and acquisitions the bank was known as all of 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 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 in 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 8 lenders. First Bank Blue Earth continues to be a locally owned bank where decisions are made locally and its customers come first.

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