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This Day in Minnesota History

January 23, 1865

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First National Bank of Minneapolis commences business with a capital of $50,000. With beginnings in a private bank co-owned by its first president, Jacob K. Sidle, the institution would go through several name changes, celebrating seventy-five years in business in 1939 as First National Bank and Trust Company of Minneapolis and then reverting to its original name in 1943.

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