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New Market Bank began business on June 10, 1905 as First State Bank of New Market. The original bank structure was a white framed building that was removed in 1913 to make way for the brick building in downtown New Market. Our New Market branch relocated down the street on Old Town Road in May of 2018. In October 1988, the bank opened its first branch office in Lakeville and at that time was officially re-named New Market Bank. Since that time we have opened our first office in the City of Prior Lake. We have expanded our services beyond traditional banking to include a full range of mortgage and financial services.