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States

Banks and Credit Unions in Minnesota

Bank branch deposits in state
$319.70B
Bank offices in state
1,581
Banks headquartered here
221
Credit unions headquartered here
80

Largest deposit holders in Minnesota (branch deposits)

#BankIn-state branch depositsShare
1U.S. Bank National Association$106.54B33.3%
2Wells Fargo Bank, National Association$57.77B18.1%
3Ameriprise Bank, FSB$23.94B7.5%
4Old National Bank$11.82B3.7%
5The Huntington National Bank$6.93B2.2%
6Bell Bank$6.75B2.1%
7Bmo Bank National Association$5.24B1.6%
8Bank Of America, National Association$4.42B1.4%
9Bridgewater Bank$4.36B1.4%
10Associated Bank, National Association$3.44B1.1%
11Choice Financial Group$2.99B0.9%
12Alerus Financial, National Association$2.68B0.8%
13Frandsen Bank & Trust$2.58B0.8%
14Minnwest Bank$2.36B0.7%
15Merchants Bank, National Association$2.26B0.7%
16Stearns Bank National Association$2.04B0.6%
17Tradition Capital Bank$1.92B0.6%
18Think Mutual Bank$1.86B0.6%
19Deerwood Bank$1.38B0.4%
20Park State Bank$1.21B0.4%
21Jpmorgan Chase Bank, National Association$1.20B0.4%
22Security Bank & Trust Company$1.20B0.4%
23Nicolet National Bank$1.16B0.4%
24North American Banking Company$1.09B0.3%
25Premier Bank$1.05B0.3%

Banks headquartered in Minnesota

#BankHeadquartersAssetsDeposits
1Ameriprise Bank, FSBMinneapolis, MN$25.48B$23.94B
2Bridgewater BankSaint Louis Park, MN$5.38B$4.36B
3Frandsen Bank & TrustLonsdale, MN$3.66B$3.13B
4Stearns Bank National AssociationSaint Cloud, MN$3.27B$2.39B
5Minnwest BankRedwood Falls, MN$2.94B$2.57B
6Merchants Bank, National AssociationWinona, MN$2.88B$2.50B
7Tradition Capital BankWayzata, MN$2.72B$2.10B
8Think Mutual BankRochester, MN$2.23B$1.86B
9Deerwood BankWaite Park, MN$1.52B$1.38B
10Park State BankDuluth, MN$1.49B$1.21B
11North American Banking CompanyRoseville, MN$1.47B$1.09B
12Citizens Alliance BankClara City, MN$1.44B$1.22B
13Security Bank & Trust CompanyGlencoe, MN$1.33B$1.20B
14Premier BankMaplewood, MN$1.18B$1.05B
15First Resource BankLino Lakes, MN$1.08B$893.25M
16The First National Bank Of BemidjiBemidji, MN$1.08B$844.39M
17Midcountry BankMinneapolis, MN$1.07B$835.80M
18United Bankers' BankRichfield, MN$1.05B$635.55M
19Midwest BankDetroit Lakes, MN$984.52M$788.50M
20United Prairie BankMountain Lake, MN$939.27M$788.40M
21Vermillion State BankVermillion, MN$931.38M$806.60M
22Versabank Usa National AssociationHoldingford, MN$911.92M$675.83M
2321St Century BankLoretto, MN$894.83M$658.78M
24Pioneer BankMapleton, MN$883.76M$762.95M
25Falcon National BankFoley, MN$872.31M$768.70M
26First National Bank NorthWalker, MN$864.31M$756.28M
27Northeast BankMinneapolis, MN$837.32M$760.73M
28Highland BankSaint Paul, MN$775.92M$684.38M
29Alliance BankLake City, MN$755.85M$657.89M
30Platinum BankOakdale, MN$739.06M$601.15M
31Fm BankWaseca, MN$738.44M$636.13M
32The Bank Of Elk RiverElk River, MN$719.07M$661.24M
33Hometown BankCarver, MN$691.87M$617.51M
34Premier Bank MinnesotaHastings, MN$691.50M$620.13M
35BankvistaSartell, MN$651.09M$540.62M
36First Independent BankRussell, MN$632.34M$533.00M
37Scale BankEdina, MN$626.68M$423.14M
38American Heritage National BankLong Prairie, MN$604.66M$523.75M
39North Shore Bank Of CommerceDuluth, MN$598.53M$516.52M
40Citizens Bank MinnesotaNew Ulm, MN$595.96M$498.74M
41Wnb Financial, N.A.Winona, MN$583.75M$512.86M
42Community Resource BankNorthfield, MN$556.39M$471.76M
43Luminate BankMinneapolis, MN$554.51M$412.75M
44Northern State Bank Of Thief River FallsThief River Falls, MN$549.99M$499.31M
45Glenwood State Bank (Incorporated)Glenwood, MN$545.21M$469.45M
46Community Bank MankatoVernon Center, MN$538.32M$473.87M
47Profinium, Inc.Truman, MN$533.11M$455.06M
48Lake Elmo BankLake Elmo, MN$529.75M$462.57M
49EntrebankBloomington, MN$527.15M$474.31M
50Eagle Rock BankRochester, MN$508.18M$420.76M
51First State Bank And TrustBayport, MN$499.01M$455.45M
52First Farmers & Merchants BankCannon Falls, MN$486.42M$436.81M
53American National Bank Of MinnesotaBaxter, MN$473.22M$347.57M
54Northview BankSandstone, MN$469.66M$392.51M
55Sterling State BankAustin, MN$461.88M$359.53M
56Kensington BankKensington, MN$446.70M$376.19M
57Star BankMaple Lake, MN$445.78M$384.62M
58First National Bank MinnesotaSaint Peter, MN$437.79M$373.15M
59Foresight BankPlainview, MN$433.79M$345.27M
60Peoples State Bank Of PlainviewPlainview, MN$429.06M$393.22M
61My Kind Of Bank, National AssociationOttertail, MN$422.56M$385.64M
62Sentry BankSaint Joseph, MN$415.46M$365.03M
63Village BankSaint Francis, MN$411.87M$366.17M
64First State Bank SouthwestPipestone, MN$409.94M$350.78M
65Crown BankEdina, MN$402.03M$332.78M
66BankcherokeeSaint Paul, MN$401.94M$333.46M
67The Citizens National Bank Of Park RapidsPark Rapids, MN$397.00M$348.06M
68Pine Country BankLittle Falls, MN$380.28M$335.11M
69North Star BankRoseville, MN$378.73M$340.81M
70First Bank Elk RiverElk River, MN$369.20M$269.90M
71Progrowth BankNicollet, MN$364.79M$327.13M
72Heritage Bank National AssociationSpicer, MN$361.06M$286.26M
73United Community BankPerham, MN$359.30M$326.74M
74Harvest BankKimball, MN$355.12M$323.44M
75Granite BankCold Spring, MN$353.17M$289.32M
76Sherburne BankBecker, MN$351.06M$289.54M
77Farmers And Merchants State Bank Of PierzPierz, MN$336.23M$308.46M
78Reliance BankFaribault, MN$334.12M$281.62M
79Ultima Bank MinnesotaWinger, MN$333.90M$277.29M
80Woodlands National BankHinckley, MN$331.01M$298.55M
81Viking Bank, National AssociationAlexandria, MN$330.26M$283.07M
82The State Bank Of FaribaultFaribault, MN$329.20M$301.41M
83Citizens Bank & Trust Co.Hutchinson, MN$329.02M$297.38M
84First Bank Blue EarthBlue Earth, MN$322.70M$283.15M
85Gateway BankMendota Heights, MN$319.55M$269.71M
86Citizens Independent BankSaint Louis Park, MN$314.21M$267.02M
87Neighborhood National BankMora, MN$312.19M$252.14M
88PrinsbankPrinsburg, MN$308.26M$262.85M
89Minnesota National BankSauk Centre, MN$298.43M$253.89M
90Castle Rock BankCastle Rock, MN$293.51M$249.61M
91The First National Bank Of MilacaMilaca, MN$293.22M$259.78M
92Lake Central BankAnnandale, MN$291.31M$257.35M
93Citizens State Bank Of RoseauRoseau, MN$290.91M$247.97M
94Liberty Bank MinnesotaSaint Cloud, MN$290.25M$262.91M
95Security Bank UsaBemidji, MN$263.86M$238.82M
96Grand Rapids State BankGrand Rapids, MN$261.06M$234.06M
97VisionbankSaint Louis Park, MN$253.88M$183.59M
98Union Bank And Trust CompanyMinneapolis, MN$253.44M$230.90M
99Drake BankSaint Paul, MN$247.44M$211.56M
100Cornerstone State BankMontgomery, MN$246.96M$223.95M
101First Farmers & Merchants National BankLuverne, MN$242.61M$213.50M
102Center National BankLitchfield, MN$242.60M$215.51M
103Arcadian BankHartland, MN$242.15M$206.08M
104BankwestRockford, MN$239.88M$217.51M
105United Farmers State BankAdams, MN$233.76M$181.56M
106Security State Bank Of MarineMarine On St. Croix, MN$232.51M$206.08M
107The Wanda State BankWanda, MN$229.77M$201.26M
108Eagle BankGlenwood, MN$226.90M$193.69M
109Commerce BankGeneva, MN$219.99M$156.83M
110Home State BankLitchfield, MN$218.89M$194.31M
111Lakeview BankLakeville, MN$218.33M$195.78M
112F & M Community Bank, National AssociationPreston, MN$211.09M$184.45M
113Esb BankCaledonia, MN$208.87M$179.12M
114Grand Marais State BankGrand Marais, MN$207.18M$189.59M
115Wadena State BankWadena, MN$206.65M$187.88M
116Minnstar Bank National AssociationLake Crystal, MN$204.00M$180.25M
117Keen Bank, National AssociationWaseca, MN$201.07M$181.53M
118Farmers State Bank Of HamelHamel, MN$198.34M$185.08M
119New Market BankElko New Market, MN$195.98M$177.53M
120Pine River State BankPine River, MN$185.32M$169.79M
121First Security Bank - Sleepy EyeSleepy Eye, MN$182.79M$153.34M
122Battle Bank, National AssociationUpsala, MN$180.79M$112.38M
123Americana Community BankSleepy Eye, MN$179.87M$152.74M
124The First National Bank Of Le CenterLonsdale, MN$178.16M$139.56M
125Woodland BankDeer River, MN$177.49M$151.97M
126Freeport State BankFreeport, MN$165.46M$147.94M
127Northwestern Bank, National AssociationDilworth, MN$164.73M$143.67M
128First Security BankByron, MN$161.75M$121.62M
129First Southeast BankHarmony, MN$158.29M$116.04M
130Perennial BankDarwin, MN$158.13M$144.59M
131Prime Security BankKarlstad, MN$154.47M$131.32M
132State Bank Of FairmontFairmont, MN$154.22M$139.05M
133Lake Region BankNew London, MN$152.99M$139.06M
134Security State Bank Of HibbingHibbing, MN$151.94M$129.91M
135The First State Bank Of RosemountRosemount, MN$146.09M$138.44M
136Security Bank MinnesotaAlbert Lea, MN$145.06M$125.05M
137Citizens State Bank Norwood Young AmericaNorwood Young America, MN$141.33M$126.60M
138Valley Premier BankHawley, MN$141.01M$127.67M
139Northwoods Bank Of MinnesotaPark Rapids, MN$140.61M$124.96M
140First Farmers & Merchants National BankFairmont, MN$140.44M$115.36M
141Farmers And Merchants State Bank Of SpringfieldSpringfield, MN$139.77M$120.66M
142Security State Bank Of WarroadWarroad, MN$138.35M$119.91M
143The First National Bank Of CokatoCokato, MN$138.15M$128.07M
144Western National BankDuluth, MN$135.77M$108.76M
145Worthington Federal Savings Bank, FSBWorthington, MN$135.40M$113.35M
146St. Clair State Bank (Incorporated)Saint Clair, MN$134.35M$118.39M
147The First National Bank Of Moose LakeMoose Lake, MN$133.66M$112.36M
148Minnesota Lakes BankDelano, MN$129.76M$113.48M
149The First National Bank Of BagleyBagley, MN$129.19M$119.72M
150Community First BankMenahga, MN$126.50M$108.43M
151State Bank Of New RichlandNew Richland, MN$124.25M$80.98M
152Key Community BankInver Grove Heights, MN$121.02M$107.64M
153Heritage Bank MinnesotaWest Concord, MN$120.86M$109.78M
154Global Innovations BankKiester, MN$120.07M$109.40M
155First State Bank Of BigforkBigfork, MN$117.39M$101.28M
156Mid-Central National BankWadena, MN$117.15M$94.86M
157Rushford State Bank (Incorporated)Rushford, MN$114.72M$104.78M
158Security State Bank Of AitkinAitkin, MN$114.47M$106.70M
159Farmers State Bank Of UnderwoodUnderwood, MN$113.77M$103.86M
160Security State Bank Of WanamingoWanamingo, MN$112.72M$96.73M
161The First National Bank Of ColeraineColeraine, MN$111.97M$105.15M
162First State Bank Of Le CenterLe Center, MN$110.42M$92.30M
163Red River State BankHalstad, MN$110.25M$91.69M
164Produce State BankHollandale, MN$107.20M$94.65M
165Prairie Sun BankMilan, MN$107.00M$92.52M
166First State Bank MinnesotaLe Roy, MN$105.93M$92.49M
167Hometown Community BankCyrus, MN$105.72M$90.80M
168Community Bank OwatonnaOwatonna, MN$103.26M$94.65M
169Northern State Bank Of VirginiaVirginia, MN$101.97M$91.23M
170Currie State BankCurrie, MN$100.00M$88.27M
171Janesville State BankJanesville, MN$98.82M$84.09M
172The First National Bank Of OsakisOsakis, MN$97.56M$80.95M
173The Miners National Bank Of EvelethEveleth, MN$96.60M$84.36M
174First Farmers & Merchants State BankBrownsdale, MN$96.41M$85.69M
175Integrity Bank PlusWabasso, MN$93.36M$81.77M
176Triumph State BankTrimont, MN$93.30M$80.03M
177First Farmers & Merchants State Bank Of Grand MeadowGrand Meadow, MN$93.05M$83.23M
178Concorde BankBlomkest, MN$88.25M$79.08M
179The First State Bank Of Red WingRed Wing, MN$86.35M$83.08M
180The First National Bank Of GilbertGilbert, MN$86.03M$76.02M
181Bank Of Maple PlainMaple Plain, MN$85.52M$74.70M
182First Security Bank - CanbyCanby, MN$85.16M$72.51M
183Vantage BankKent, MN$85.03M$75.45M
184Lowry State BankLowry, MN$84.06M$69.56M
185Farmers & Merchants State Bank Of New York Mills, IncorporatedNew York Mills, MN$83.46M$72.16M
186Odin State BankOdin, MN$82.42M$74.43M
187American State Bank Of GryglaGrygla, MN$81.76M$73.92M
188State Bank Of Cold SpringCold Spring, MN$81.72M$73.78M
189Randall State BankRandall, MN$76.38M$63.25M
190Elysian BankElysian, MN$75.98M$66.43M
191Bonanza Valley State BankBrooten, MN$74.77M$59.49M
192Farmers State Bank Of TrimontTrimont, MN$73.12M$60.73M
193Security State Bank Of KenyonKenyon, MN$72.20M$63.17M
194State Bank Of ChandlerChandler, MN$68.75M$60.16M
195Grand Timber BankMcgregor, MN$64.55M$53.86M
196Farmers And Merchants State Bank Of AppletonAppleton, MN$61.97M$53.81M
197Vergas State BankVergas, MN$60.67M$51.50M
198First Financial Bank In WinnebagoWinnebago, MN$58.15M$47.70M
199United Minnesota BankNew London, MN$56.92M$52.50M
200Arlington State BankArlington, MN$56.70M$52.69M

Showing the 200 largest of 221 banks headquartered in Minnesota.

Credit unions headquartered in Minnesota

#Credit UnionHeadquartersAssetsMembers
1Trustone FinancialPlymouth, MN$6.09B221,366
2Affinity PlusSaint Paul, MN$5.05B303,111
3BlazeFalcon Heights, MN$4.85B257,995
4Magnifi FinancialMELROSE, MN$2.75B85,513
5Mayo EmployeesROCHESTER, MN$1.50B76,378
6City & CountySAINT PAUL, MN$1.17B62,004
7Members CooperativeDULUTH, MN$1.16B60,378
8Topline FinancialMaple Grove, MN$1.12B70,319
9IdealWOODBURY, MN$1.07B48,045
10Mid MinnesotaBaxter, MN$857.99M68,450
11Southpoint FinancialSLEEPY EYE, MN$608.91M34,823
12MinncoCambridge, MN$604.68M37,209
13St. Cloud FinancialSartell, MN$456.35M29,001
14Co-Op Credit Union Of MontevideoMontevideo, MN$422.82M18,059
15TrustarINTERNATIONAL F, MN$376.74M19,503
16MyBLOOMINGTON, MN$366.43M22,103
17SharepointBloomington, MN$360.14M20,332
18First AllianceRochester, MN$358.47M21,902
19CentricityHERMANTOWN, MN$340.52M21,518
20Minnesota ValleyMankato, MN$328.97M18,446
21Greater CommunityDawson, MN$296.54M8,631
22Home TownOwatonna, MN$293.32M26,178
23North ShoreSilver Bay, MN$284.78M14,189
24St. PaulSaint Paul, MN$252.14M15,166
25Building TradesMAPLE GROVE, MN$249.86M19,329
26NovationOAKDALE, MN$244.03M14,254
27ExpeditionMendota Heights, MN$223.50M14,140
28AccentraAUSTIN, MN$208.19M17,090
29Red WingRed Wing, MN$208.03M9,761
30South MetroPRIOR LAKE, MN$184.83M5,819
31Associated HealthcareWoodbury, MN$175.85M12,360
32NorthwoodsCloquet, MN$175.16M11,740
33HeartlandInver Grove Hei, MN$172.01M10,693
34Minnesota Power EmployeesDULUTH, MN$161.94M4,860
35Harbor PointeDULUTH, MN$158.49M7,971
36Leading EdgeWorthington, MN$143.21M12,479
37Brainerd B. N.Brainerd, MN$127.79M6,615
38Crow Wing PowerBrainerd, MN$126.27M4,550
39Northern CommunitiesDULUTH, MN$124.34M6,897
40Two HarborsTWO HARBORS, MN$118.42M4,266
41North StarCOOK, MN$115.96M6,090
42Northridge CommunityVirginia, MN$112.98M8,014
43Hibbing CooperativeHibbing, MN$108.91M8,076
44Smw FinancialLINO LAKES, MN$87.48M4,644
45Ely AreaELY, MN$74.35M4,553
46Federated EmployeesOWATONNA, MN$66.73M4,950
47Embarrass VermillionAurora, MN$66.66M4,881
48United EmployeesALBERT LEA, MN$66.38M3,766
49Share AdvantageDuluth, MN$57.50M3,389
50Pipefitters-SteamfittersWoodbury, MN$51.60M3,813
51North MemorialROBBINSDALE, MN$50.73M4,526
52Virginia CoopVirginia, MN$45.68M2,770
53WakotaSouth St Paul, MN$44.83M3,739
54CarpentersSaint Paul, MN$44.27M15,286
55West Metro SchoolsHopkins, MN$43.58M2,561
56Toro EmployeesBloomington, MN$41.46M2,902
57Minnesota CatholicLittle Canada, MN$38.56M3,047
58NspMaplewood, MN$35.10M2,666
59Deer River CooperativeDEER RIVER, MN$31.41M1,991
60Trades & LaborALBERT LEA, MN$22.98M2,163
61Farm Credit EmployeesSaint Paul, MN$17.29M1,410
62TeamstersBlaine, MN$13.45M1,815
63Mower County EmployeesAustin, MN$13.37M814
64Metropolitan ServicesSAINT PAUL, MN$12.30M968
65Austin City EmployeesAustin, MN$11.58M775
66Alexandria Schools EmployeesAlexandria, MN$9.26M1,097
67First PaceWest St Paul, MN$8.66M887
68Electric Machinery EmployeesMINNEAPOLIS, MN$8.43M744
69RiverviewSOUTH SAINT PAU, MN$7.89M442
70Duluth Police Department EmployeesDULUTH, MN$7.84M689
71Duluth Fire DepartmentDULUTH, MN$7.51M362
72Red Lake Co OpRed Lake Falls, MN$7.01M1,440
73Mower County Catholic ParishesAustin, MN$6.72M1,020
74LatvianMinneapolis, MN$5.82M733
75ZieglerBLOOMINGTON, MN$4.33M671
76Fairmont School EmployeesFAIRMONT, MN$4.25M544
77Transit OperationsMINNEAPOLIS, MN$4.12M611
78TribeEagan, MN$2.74M147
79Danfoss EmployeesPlymouth, MN$1.87M350
80Arise CommunityMinneapolis, MN$908.01K102

Counties in Minnesota by bank deposits

Hennepin County ($144.18B)Ramsey County ($69.64B)Dakota County ($9.92B)Stearns County ($7.13B)Washington County ($7.09B)Anoka County ($6.25B)Olmsted County ($5.54B)St. Louis County ($5.08B)Wright County ($2.99B)Carver County ($2.89B)Scott County ($2.79B)Blue Earth County ($2.72B)Crow Wing County ($2.07B)Otter Tail County ($2.03B)Beltrami County ($1.94B)Rice County ($1.77B)Douglas County ($1.75B)Kandiyohi County ($1.69B)Clay County ($1.67B)Sherburne County ($1.61B)Becker County ($1.51B)Winona County ($1.51B)Goodhue County ($1.45B)McLeod County ($1.35B)Lyon County ($1.21B)Martin County ($1.04B)Itasca County ($1.02B)Polk County ($995.91M)Steele County ($974.03M)Brown County ($972.06M)Wabasha County ($885.79M)Redwood County ($838.79M)Mower County ($830.02M)Le Sueur County ($810.36M)Fillmore County ($806.31M)Nobles County ($797.20M)Chisago County ($781.05M)Freeborn County ($778.69M)Morrison County ($777.45M)Nicollet County ($773.68M)Mille Lacs County ($771.50M)Benton County ($723.59M)Pennington County ($722.16M)Faribault County ($702.46M)Cass County ($656.19M)Yellow Medicine County ($644.25M)Meeker County ($618.80M)Roseau County ($591.09M)Isanti County ($589.25M)Pipestone County ($576.97M)Watonwan County ($557.54M)Houston County ($557.52M)Hubbard County ($556.66M)Chippewa County ($524.33M)Pope County ($522.35M)Waseca County ($499.41M)Pine County ($489.64M)Carlton County ($470.17M)Renville County ($466.36M)Cottonwood County ($447.97M)Todd County ($435.27M)Marshall County ($416.18M)Rock County ($412.70M)Murray County ($404.06M)Sibley County ($403.83M)Stevens County ($392.91M)Wadena County ($357.35M)Dodge County ($348.26M)Swift County ($320.08M)Jackson County ($308.30M)Big Stone County ($265.63M)Koochiching County ($261.38M)Aitkin County ($256.85M)Norman County ($230.03M)Kittson County ($219.19M)Grant County ($198.64M)Lac qui Parle County ($187.47M)

Branch deposits: FDIC Summary of Deposits, June 30, 2026. Headquarters data: FDIC and NCUA, June 30, 2026.

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