# PINEHURST BANK

> **Failed bank** · ST. PAUL, MN · failed 2010-05-21 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $8M

## What happened

PINEHURST BANK of ST. PAUL, MN was closed by regulators on **2010-05-21**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **COULEE BANK** (LA CROSSE, WI). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3806
- **FDIC Certificate:** 57735
- **FDIC FIN:** 10240
- **Bank name:** PINEHURST BANK
- **Location:** ST. PAUL, MN
- **Failure date:** 2010-05-21
- **FDIC resolution date:** 2010-05-21
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $8M
- **Deposits at failure:** $58M
- **Assets at failure:** $61M
- **Acquiring bank:** COULEE BANK (LA CROSSE, WI)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=PINEHURST%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PINEHURST BANK (FDIC ID 3806), failed 2010-05-21. Retrieved via AI Analytics 2026-07-18 from https://api.ai-analytics.org/failed-bank/3806.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*