Mitigation bank operator
Minnesota Board of Water and Soil Resources Mitigation Banks
Minnesota Board of Water and Soil Resources is a mitigation and conservation bank operator with a portfolio of 21 banks across 1 state (Minnesota). They break down as 13 approved, 1 pending, 4 sold-out, 1 terminated, 2 withdrawn. 9 banks currently list available credits. Its banks are regulated by the USACE St. Paul district. They sit in 14 counties, among them Aitkin, Anoka and Becker. The portfolio includes MN - Aitkin - S2927-1315 BWSR/French Lake (blended, also contains MnDOT credits in state accounts 1615, 1548), MN - Becker - S8904-1718 - Ogema Wetland Bank and MN - Becker - S8904-T1759 - Ogema Wetland Bank (MnDOT transfer from 1718). 12 sales are recorded across these banks since September 2025.
Figures mirrored from USACE RIBITS · synced
Credits available across the portfolio
Portfolio locations
Banks operated by Minnesota Board of Water and Soil Resources
Captive (single-client) banks in this portfolio: MN - Aitkin - S2927-1315 BWSR/French Lake (blended, also contains MnDOT credits in state accounts 1615, 1548), MN - Becker - S8904-1718 - Ogema Wetland Bank, MN - Becker - S8904-T1759 - Ogema Wetland Bank (MnDOT transfer from 1718), MN - Dakota - S9415-1685 - Jordan/BWSR [NIB], MN - Grant - Stony Brook LGRWRP Bank, MN - Lincoln - S8907-1711 - Curt Madsen Wetland Bank/BWSR, MN - Meeker - S9139-T1790 Swenson Bank (BWSR transfer to MnDOT from 1789), MN - Redwood - Morgan BWSR Road Bank, MN - Renville - Groveland Farms Wetland Bank, MN - Wright - S9590-1795 - BWSR Stockholm Wetland Bank, MN - Wright - S9798-1820 - BWSR Corinna Bank, MN - Chippewa - Highway 23 Bank, MN - Kanabec - S2723-T1174 BWSR/Nelson, MN - Renville - S3602-1312 BWSR/Deinken, MN - Renville - S999-T1455 BWSR/Neubauer Mixed MnDOT hold, MN - Roseau - S4284-1460 ^ BWSR/Lindahl, MN - Kandiyohi - Helgeson Bank, MN - Lake of the Woods - S3644-1391 ^ BWSR/Pieper.
Recent credit sales at these banks
Withdrawals recorded in the RIBITS ledger — the credits these banks sold to offset permitted impacts. The buyer is not shown: ledger use here is deliberately restricted to the existence, quantity and date of a transaction.
About the data on this page
Bank details, status and credit balances are mirrored from the USACE RIBITS registry, the federal public record for mitigation banks. Credit classes offset different resources and are never added together. Totals across many banks are rounded to whole credits — a single bank’s own balance never is. What we call a “credit sale” is a credit withdrawal — the entry written in the federal credit ledger when credits are committed to a permit. At commercial banks a withdrawal generally represents a sale; at a single-client bank it offsets the sponsor’s own project. The figures count ledger transactions, not distinct purchases — one purchase may produce several withdrawals — and we count entries rather than credits moved, because credit classes are different units and cannot be added together. Each bar in a sales chart counts the credit sales recorded in that calendar year — withdrawals from the federal ledger, not quantities of credits. The final bar is the year in progress and is shown in a different color. No bars means no sales in those years.
The operator grouping is ours, not from RIBITS. The federal registry records a sponsor for each bank but lists no parent company. We identify operators by matching sponsor names and contact details across bank records, reviewed by hand. We only display operators with at least five banks.
“Recent sales” covers the last twelve months. A map of pins shows where banks and sites are, not where they can sell. Service areas are wider than the pin and are decided by the Corps — open a bank, or run a location search, to see the area it actually covers. The map on this page is drawn live from the EPA NEPAssist RIBITS MapServer when you load it.