Think Mutual Bank Explained

Think Bank
Type:Mutual
Foundation:Rochester, Minnesota 1961
Location City:Rochester, Minnesota
Location Country:United States
Area Served:Minnesota
Industry:Banking
Financial services
Products:Retail banking
Investment banking
Commercial banking
Mortgages
Insurance
Num Employees:300
Homepage:ThinkBank.com

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. In 2003, IBM Rochester Employees Credit Union became Think Federal Credit Union, and in 2007, it became Think Bank, and gave services to everyone, not just people who worked for IBM. It has locations in the Rochester and Twin Cities areas.[2]

Notes and References

  1. Web site: Annual Report . www.thinkbank.com . 14 May 2023 . https://web.archive.org/web/20140807021201/https://www.thinkbank.com/_pdf/2013_AnnualReport.pdf . August 7, 2014 . en . July 2013.
  2. Web site: About - Think Mutual Bank.