Banks in Minnesota: 200 FDIC-Insured Institutions Compared
Banks in Minnesota include 200 FDIC-insured institutions headquartered in the state, holding $115 billion in combined assets across 868 branches.
Banks headquartered here
200
Combined assets
$115 billion
Branches
868
Largest bank
Ameriprise Bank, FSB
Every bank headquartered in Minnesota
Ameriprise Bank, FSB
Minneapolis, MN
- Assets
- $25 billion
- Branches
- 2
Bridgewater Bank
Saint Louis Park, MN
- Assets
- $5.4 billion
- Branches
- 10
Frandsen Bank & Trust
Lonsdale, MN
- Assets
- $3.7 billion
- Branches
- 40
Stearns Bank National Association
Saint Cloud, MN
- Assets
- $3.3 billion
- Branches
- 8
Minnwest Bank
Redwood Falls, MN
- Assets
- $2.9 billion
- Branches
- 35
Merchants Bank, National Association
Winona, MN
- Assets
- $2.9 billion
- Branches
- 22
Tradition Capital Bank
Wayzata, MN
- Assets
- $2.7 billion
- Branches
- 4
Think Mutual Bank
Rochester, MN
- Assets
- $2.2 billion
- Branches
- 9
Deerwood Bank
Waite Park, MN
- Assets
- $1.5 billion
- Branches
- 14
Park State Bank
Duluth, MN
- Assets
- $1.5 billion
- Branches
- 17
North American Banking Company
Roseville, MN
- Assets
- $1.5 billion
- Branches
- 6
Citizens Alliance Bank
Clara City, MN
- Assets
- $1.4 billion
- Branches
- 19
Security Bank & Trust Company
Glencoe, MN
- Assets
- $1.3 billion
- Branches
- 25
Premier Bank
Maplewood, MN
- Assets
- $1.2 billion
- Branches
- 8
First Resource Bank
Lino Lakes, MN
- Assets
- $1.1 billion
- Branches
- 8
The First National Bank of Bemidji
Bemidji, MN
- Assets
- $1.1 billion
- Branches
- 2
MidCountry Bank
Minneapolis, MN
- Assets
- $1.1 billion
- Branches
- 16
United Bankers' Bank
Richfield, MN
- Assets
- $1.1 billion
- Branches
- 1
Midwest Bank
Detroit Lakes, MN
- Assets
- $985 million
- Branches
- 8
United Prairie Bank
Mountain Lake, MN
- Assets
- $939 million
- Branches
- 10
Vermillion State Bank
Vermillion, MN
- Assets
- $931 million
- Branches
- 6
VersaBank USA National Association
Holdingford, MN
- Assets
- $912 million
- Branches
- 2
21st Century Bank
Loretto, MN
- Assets
- $895 million
- Branches
- 8
Pioneer Bank
Mapleton, MN
- Assets
- $884 million
- Branches
- 6
Falcon National Bank
Foley, MN
- Assets
- $872 million
- Branches
- 6
First National Bank North
Walker, MN
- Assets
- $864 million
- Branches
- 10
Northeast Bank
Minneapolis, MN
- Assets
- $837 million
- Branches
- 3
Highland Bank
Saint Paul, MN
- Assets
- $776 million
- Branches
- 7
Alliance Bank
Lake City, MN
- Assets
- $756 million
- Branches
- 6
Platinum Bank
Oakdale, MN
- Assets
- $739 million
- Branches
- 2
FM Bank
Waseca, MN
- Assets
- $738 million
- Branches
- 6
The Bank of Elk River
Elk River, MN
- Assets
- $719 million
- Branches
- 4
HomeTown Bank
Carver, MN
- Assets
- $692 million
- Branches
- 11
Premier Bank Minnesota
Hastings, MN
- Assets
- $691 million
- Branches
- 12
BankVista
Sartell, MN
- Assets
- $651 million
- Branches
- 3
First Independent Bank
Russell, MN
- Assets
- $632 million
- Branches
- 12
Scale Bank
Edina, MN
- Assets
- $627 million
- Branches
- 1
American Heritage National Bank
Long Prairie, MN
- Assets
- $605 million
- Branches
- 7
North Shore Bank of Commerce
Duluth, MN
- Assets
- $599 million
- Branches
- 5
Citizens Bank Minnesota
New Ulm, MN
- Assets
- $596 million
- Branches
- 6
WNB FINANCIAL, N.A.
Winona, MN
- Assets
- $584 million
- Branches
- 7
Community Resource Bank
Northfield, MN
- Assets
- $556 million
- Branches
- 4
Luminate Bank
Minneapolis, MN
- Assets
- $555 million
- Branches
- 2
Northern State Bank of Thief River Falls
Thief River Falls, MN
- Assets
- $550 million
- Branches
- 3
Glenwood State Bank (Incorporated)
Glenwood, MN
- Assets
- $545 million
- Branches
- 3
Community Bank Mankato
Vernon Center, MN
- Assets
- $538 million
- Branches
- 5
Profinium, Inc.
Truman, MN
- Assets
- $533 million
- Branches
- 4
Lake Elmo Bank
Lake Elmo, MN
- Assets
- $530 million
- Branches
- 9
EntreBank
Bloomington, MN
- Assets
- $527 million
- Branches
- 1
Eagle Rock Bank
Rochester, MN
- Assets
- $508 million
- Branches
- 5
First State Bank and Trust
Bayport, MN
- Assets
- $499 million
- Branches
- 4
First Farmers & Merchants Bank
Cannon Falls, MN
- Assets
- $486 million
- Branches
- 7
American National Bank of Minnesota
Baxter, MN
- Assets
- $473 million
- Branches
- 10
Northview Bank
Sandstone, MN
- Assets
- $470 million
- Branches
- 12
Sterling State Bank
Austin, MN
- Assets
- $462 million
- Branches
- 6
Kensington Bank
Kensington, MN
- Assets
- $447 million
- Branches
- 7
Star Bank
Maple Lake, MN
- Assets
- $446 million
- Branches
- 11
First National Bank Minnesota
Saint Peter, MN
- Assets
- $438 million
- Branches
- 4
Foresight Bank
Plainview, MN
- Assets
- $434 million
- Branches
- 3
Peoples State Bank of Plainview
Plainview, MN
- Assets
- $429 million
- Branches
- 5
My Kind of Bank, National Association
Ottertail, MN
- Assets
- $423 million
- Branches
- 5
Sentry Bank
Saint Joseph, MN
- Assets
- $415 million
- Branches
- 4
Village Bank
Saint Francis, MN
- Assets
- $412 million
- Branches
- 4
First State Bank Southwest
Pipestone, MN
- Assets
- $410 million
- Branches
- 6
Crown Bank
Edina, MN
- Assets
- $402 million
- Branches
- 2
BankCherokee
Saint Paul, MN
- Assets
- $402 million
- Branches
- 3
The Citizens National Bank of Park Rapids
Park Rapids, MN
- Assets
- $397 million
- Branches
- 1
Pine Country Bank
Little Falls, MN
- Assets
- $380 million
- Branches
- 5
North Star Bank
Roseville, MN
- Assets
- $379 million
- Branches
- 2
First Bank Elk River
Elk River, MN
- Assets
- $369 million
- Branches
- 4
ProGrowth Bank
Nicollet, MN
- Assets
- $365 million
- Branches
- 4
Heritage Bank National Association
Spicer, MN
- Assets
- $361 million
- Branches
- 5
United Community Bank
Perham, MN
- Assets
- $359 million
- Branches
- 3
Harvest Bank
Kimball, MN
- Assets
- $355 million
- Branches
- 6
Granite Bank
Cold Spring, MN
- Assets
- $353 million
- Branches
- 2
Sherburne State Bank
Becker, MN
- Assets
- $351 million
- Branches
- 4
Farmers and Merchants State Bank of Pierz
Pierz, MN
- Assets
- $336 million
- Branches
- 3
Reliance Bank
Faribault, MN
- Assets
- $334 million
- Branches
- 1
Ultima Bank Minnesota
Winger, MN
- Assets
- $334 million
- Branches
- 6
Woodlands National Bank
Hinckley, MN
- Assets
- $331 million
- Branches
- 7
VIKING BANK, NATIONAL ASSOCIATION
Alexandria, MN
- Assets
- $330 million
- Branches
- 3
The State Bank of Faribault
Faribault, MN
- Assets
- $329 million
- Branches
- 3
Citizens Bank & Trust Co.
Hutchinson, MN
- Assets
- $329 million
- Branches
- 3
First Bank Blue Earth
Blue Earth, MN
- Assets
- $323 million
- Branches
- 1
Gateway Bank
Mendota Heights, MN
- Assets
- $320 million
- Branches
- 2
Citizens Independent Bank
Saint Louis Park, MN
- Assets
- $314 million
- Branches
- 4
Neighborhood National Bank
Mora, MN
- Assets
- $312 million
- Branches
- 6
PrinsBank
Prinsburg, MN
- Assets
- $308 million
- Branches
- 4
Minnesota National Bank
Sauk Centre, MN
- Assets
- $298 million
- Branches
- 3
Castle Rock Bank
Castle Rock, MN
- Assets
- $294 million
- Branches
- 3
The First National Bank of Milaca
Milaca, MN
- Assets
- $293 million
- Branches
- 4
Citizens State Bank of Roseau
Roseau, MN
- Assets
- $291 million
- Branches
- 1
Lake Central Bank
Annandale, MN
- Assets
- $291 million
- Branches
- 3
Liberty Bank Minnesota
Saint Cloud, MN
- Assets
- $290 million
- Branches
- 6
Security Bank USA
Bemidji, MN
- Assets
- $264 million
- Branches
- 2
Grand Rapids State Bank
Grand Rapids, MN
- Assets
- $261 million
- Branches
- 2
VisionBank
Saint Louis Park, MN
- Assets
- $254 million
- Branches
- 1
Union Bank and Trust Company
Minneapolis, MN
- Assets
- $253 million
- Branches
- 1
Drake Bank
Saint Paul, MN
- Assets
- $247 million
- Branches
- 1
Cornerstone State Bank
Montgomery, MN
- Assets
- $247 million
- Branches
- 7
First Farmers & Merchants National Bank
Luverne, MN
- Assets
- $243 million
- Branches
- 2
Center National Bank
Litchfield, MN
- Assets
- $243 million
- Branches
- 3
Arcadian Bank
Hartland, MN
- Assets
- $242 million
- Branches
- 3
BANKWEST
Rockford, MN
- Assets
- $240 million
- Branches
- 3
United Farmers State Bank
Adams, MN
- Assets
- $234 million
- Branches
- 3
Security State Bank of Marine
Marine On St. Croix, MN
- Assets
- $233 million
- Branches
- 4
The Wanda State Bank
Wanda, MN
- Assets
- $230 million
- Branches
- 2
Eagle Bank
Glenwood, MN
- Assets
- $227 million
- Branches
- 5
Commerce Bank
Geneva, MN
- Assets
- $220 million
- Branches
- 2
Home State Bank
Litchfield, MN
- Assets
- $219 million
- Branches
- 4
Lakeview Bank
Lakeville, MN
- Assets
- $218 million
- Branches
- 2
F & M Community Bank, National Association
Preston, MN
- Assets
- $211 million
- Branches
- 3
ESB Bank
Caledonia, MN
- Assets
- $209 million
- Branches
- 3
Grand Marais State Bank
Grand Marais, MN
- Assets
- $207 million
- Branches
- 5
Wadena State Bank
Wadena, MN
- Assets
- $207 million
- Branches
- 4
Minnstar Bank National Association
Lake Crystal, MN
- Assets
- $204 million
- Branches
- 2
Keen Bank, National Association
Waseca, MN
- Assets
- $201 million
- Branches
- 3
Farmers State Bank of Hamel
Hamel, MN
- Assets
- $198 million
- Branches
- 2
New Market Bank
Elko New Market, MN
- Assets
- $196 million
- Branches
- 3
Pine River State Bank
Pine River, MN
- Assets
- $185 million
- Branches
- 5
First Security Bank - Sleepy Eye
Sleepy Eye, MN
- Assets
- $183 million
- Branches
- 5
Battle Bank, National Association
Upsala, MN
- Assets
- $181 million
- Branches
- 1
Americana Community Bank
Sleepy Eye, MN
- Assets
- $180 million
- Branches
- 4
The First National Bank of Le Center
Lonsdale, MN
- Assets
- $178 million
- Branches
- 2
Woodland Bank
Deer River, MN
- Assets
- $177 million
- Branches
- 4
Freeport State Bank
Freeport, MN
- Assets
- $165 million
- Branches
- 3
Northwestern Bank, National Association
Dilworth, MN
- Assets
- $165 million
- Branches
- 6
First Security Bank
Byron, MN
- Assets
- $162 million
- Branches
- 1
Perennial Bank
Darwin, MN
- Assets
- $158 million
- Branches
- 4
First Southeast Bank
Harmony, MN
- Assets
- $158 million
- Branches
- 3
Prime Security Bank
Karlstad, MN
- Assets
- $154 million
- Branches
- 3
State Bank of Fairmont
Fairmont, MN
- Assets
- $154 million
- Branches
- 1
Lake Region Bank
New London, MN
- Assets
- $153 million
- Branches
- 3
Security State Bank of Hibbing
Hibbing, MN
- Assets
- $152 million
- Branches
- 1
The First State Bank of Rosemount
Rosemount, MN
- Assets
- $146 million
- Branches
- 2
Security Bank Minnesota
Albert Lea, MN
- Assets
- $145 million
- Branches
- 3
Citizens State Bank Norwood Young America
Norwood Young America, MN
- Assets
- $141 million
- Branches
- 1
Northwoods Bank of Minnesota
Park Rapids, MN
- Assets
- $141 million
- Branches
- 4
Valley Premier Bank
Hawley, MN
- Assets
- $141 million
- Branches
- 2
First Farmers & Merchants National Bank
Fairmont, MN
- Assets
- $140 million
- Branches
- 2
Farmers and Merchants State Bank of Springfield
Springfield, MN
- Assets
- $140 million
- Branches
- 2
Security State Bank of Warroad
Warroad, MN
- Assets
- $138 million
- Branches
- 2
The First National Bank of Cokato
Cokato, MN
- Assets
- $138 million
- Branches
- 1
Western National Bank
Duluth, MN
- Assets
- $136 million
- Branches
- 3
Worthington Federal Savings Bank, FSB
Worthington, MN
- Assets
- $135 million
- Branches
- 3
The First National Bank of Moose Lake
Moose Lake, MN
- Assets
- $134 million
- Branches
- 2
St. Clair State Bank (Incorporated)
Saint Clair, MN
- Assets
- $134 million
- Branches
- 1
MINNESOTA LAKES BANK
Delano, MN
- Assets
- $130 million
- Branches
- 2
The First National Bank of Bagley
Bagley, MN
- Assets
- $129 million
- Branches
- 2
COMMUNITY FIRST BANK
Menahga, MN
- Assets
- $126 million
- Branches
- 2
State Bank of New Richland
New Richland, MN
- Assets
- $124 million
- Branches
- 1
Key Community Bank
Inver Grove Heights, MN
- Assets
- $121 million
- Branches
- 1
Heritage Bank Minnesota
West Concord, MN
- Assets
- $121 million
- Branches
- 3
Global Innovations Bank
Kiester, MN
- Assets
- $120 million
- Branches
- 1
First State Bank of Bigfork
Bigfork, MN
- Assets
- $117 million
- Branches
- 2
Mid-Central National Bank
Wadena, MN
- Assets
- $117 million
- Branches
- 3
Rushford State Bank (Incorporated)
Rushford, MN
- Assets
- $115 million
- Branches
- 2
Security State Bank of Aitkin
Aitkin, MN
- Assets
- $114 million
- Branches
- 4
Farmers State Bank of Underwood
Underwood, MN
- Assets
- $114 million
- Branches
- 4
Security State Bank of Wanamingo
Wanamingo, MN
- Assets
- $113 million
- Branches
- 1
The First National Bank of Coleraine
Coleraine, MN
- Assets
- $112 million
- Branches
- 2
First State Bank of Le Center
Le Center, MN
- Assets
- $110 million
- Branches
- 2
Red River State Bank
Halstad, MN
- Assets
- $110 million
- Branches
- 2
Prairie Sun Bank
Milan, MN
- Assets
- $107 million
- Branches
- 4
Produce State Bank
Hollandale, MN
- Assets
- $107 million
- Branches
- 4
Hometown Community Bank
Cyrus, MN
- Assets
- $106 million
- Branches
- 4
First State Bank Minnesota
Le Roy, MN
- Assets
- $106 million
- Branches
- 2
Community Bank Owatonna
Owatonna, MN
- Assets
- $103 million
- Branches
- 1
Northern State Bank of Virginia
Virginia, MN
- Assets
- $102 million
- Branches
- 2
Currie State Bank
Currie, MN
- Assets
- $100 million
- Branches
- 2
Janesville State Bank
Janesville, MN
- Assets
- $99 million
- Branches
- 1
The First National Bank of Osakis
Osakis, MN
- Assets
- $98 million
- Branches
- 1
The Miners National Bank of Eveleth
Eveleth, MN
- Assets
- $97 million
- Branches
- 1
First Farmers & Merchants State Bank
Brownsdale, MN
- Assets
- $96 million
- Branches
- 2
Triumph State Bank
Trimont, MN
- Assets
- $93 million
- Branches
- 4
Integrity Bank Plus
Wabasso, MN
- Assets
- $93 million
- Branches
- 2
First Farmers & Merchants State Bank of Grand Meadow
Grand Meadow, MN
- Assets
- $93 million
- Branches
- 3
Concorde Bank
Blomkest, MN
- Assets
- $88 million
- Branches
- 2
Root River State Bank
Chatfield, MN
- Assets
- $88 million
- Branches
- 1
Bank of Maple Plain
Maple Plain, MN
- Assets
- $86 million
- Branches
- 1
The First State Bank of Red Wing
Red Wing, MN
- Assets
- $86 million
- Branches
- 3
The First National Bank of Gilbert
Gilbert, MN
- Assets
- $86 million
- Branches
- 2
Vantage Bank
Kent, MN
- Assets
- $85 million
- Branches
- 2
First Security Bank - Canby
Canby, MN
- Assets
- $85 million
- Branches
- 2
Lowry State Bank
Lowry, MN
- Assets
- $84 million
- Branches
- 1
Farmers & Merchants State Bank of New York Mills, Incorporated
New York Mills, MN
- Assets
- $83 million
- Branches
- 1
State Bank of Cold Spring
Cold Spring, MN
- Assets
- $82 million
- Branches
- 1
Odin State Bank
Odin, MN
- Assets
- $82 million
- Branches
- 1
American State Bank of Grygla
Grygla, MN
- Assets
- $82 million
- Branches
- 2
Elysian Bank
Elysian, MN
- Assets
- $76 million
- Branches
- 1
Randall State Bank
Randall, MN
- Assets
- $76 million
- Branches
- 2
Bonanza Valley State Bank
Brooten, MN
- Assets
- $75 million
- Branches
- 1
Farmers State Bank of Trimont
Trimont, MN
- Assets
- $73 million
- Branches
- 2
Security State Bank of Kenyon
Kenyon, MN
- Assets
- $72 million
- Branches
- 1
State Bank of Chandler
Chandler, MN
- Assets
- $69 million
- Branches
- 1
Grand Timber Bank
Mcgregor, MN
- Assets
- $65 million
- Branches
- 1
Farmers and Merchants State Bank of Appleton
Appleton, MN
- Assets
- $62 million
- Branches
- 1
Vergas State Bank
Vergas, MN
- Assets
- $61 million
- Branches
- 1
First Financial Bank in Winnebago
Winnebago, MN
- Assets
- $58 million
- Branches
- 1
Arlington State Bank
Arlington, MN
- Assets
- $57 million
- Branches
- 2
Source: FDIC Institution Directory; FDIC Summary of Deposits. Latest observation 2026-09-16.