FDIC Information for 1st Regents Bank, Andover, MN On Friday, January 18, 2013, 1st Regents Bank, Andover, MN was closed by the Minnesota Department of Commerce. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed. All deposit accounts have been transferred to First Minnesota Bank, Minnetonka, MN. For more information on First Minnesota Bank, visit us at www.firstmnbank.com. The FDIC has assembled useful information regarding your relationship with 1st Regents Bank. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution. Please select the link below to read more about this event: FDIC Bank Closing Information for 1st Regents Bank Online service will remain available. Continue to 1st Regents Bank's Online Banking Login