There are 221 FDIC-insured banks headquartered in Minnesota, holding $115.91B in combined assets and $99.91B in deposits, alongside 82 NCUA-insured credit unions. Every figure below comes from the most recent quarterly call report each institution filed with its regulator. Banks are ranked by total assets, which is the standard measure of institution size and the basis regulators use for peer grouping and for determining which capital rules apply.
Ranked by total assets. Branch counts are domestic offices. Click any institution for eight quarters of financial history, peer benchmarking against similarly sized banks, deposit market share by county, and leadership contacts.
| # | Bank | City | Assets | Deposits | Branches |
|---|---|---|---|---|---|
| 1 | Ameriprise Bank, FSB | Minneapolis | $25.48B | $23.94B | 2 |
| 2 | Bridgewater Bank | Saint Louis Park | $5.38B | $4.36B | 10 |
| 3 | Frandsen Bank & Trust | Lonsdale | $3.66B | $3.13B | 40 |
| 4 | Stearns Bank National Association | Saint Cloud | $3.27B | $2.39B | 8 |
| 5 | Minnwest Bank | Redwood Falls | $2.94B | $2.57B | 36 |
| 6 | Merchants Bank, National Association | Winona | $2.88B | $2.50B | 22 |
| 7 | Tradition Capital Bank | Wayzata | $2.72B | $2.10B | 4 |
| 8 | Think Mutual Bank | Rochester | $2.23B | $1.86B | 9 |
| 9 | Deerwood Bank | Waite Park | $1.52B | $1.38B | 14 |
| 10 | Park State Bank | Duluth | $1.49B | $1.21B | 18 |
| 11 | North American Banking Company | Roseville | $1.47B | $1.09B | 6 |
| 12 | Citizens Alliance Bank | Clara City | $1.44B | $1.22B | 17 |
| 13 | Security Bank & Trust Company | Glencoe | $1.33B | $1.20B | 26 |
| 14 | Premier Bank | Maplewood | $1.18B | $1.05B | 8 |
| 15 | First Resource Bank | Lino Lakes | $1.08B | $893.3M | 8 |
| 16 | The First National Bank of Bemidji | Bemidji | $1.08B | $844.4M | 3 |
| 17 | MidCountry Bank | Minneapolis | $1.07B | $835.8M | 16 |
| 18 | United Bankers' Bank | Richfield | $1.05B | $635.6M | 1 |
| 19 | Midwest Bank | Detroit Lakes | $984.5M | $788.5M | 7 |
| 20 | United Prairie Bank | Mountain Lake | $939.3M | $788.4M | 10 |
| 21 | Vermillion State Bank | Vermillion | $931.4M | $806.6M | 6 |
| 22 | VersaBank USA National Association | Holdingford | $911.9M | $675.8M | 2 |
| 23 | 21st Century Bank | Loretto | $894.8M | $658.8M | 8 |
| 24 | Pioneer Bank | Mapleton | $883.8M | $763.0M | 6 |
| 25 | Falcon National Bank | Foley | $872.3M | $768.7M | 6 |
| 26 | First National Bank North | Walker | $864.3M | $756.3M | 10 |
| 27 | Northeast Bank | Minneapolis | $837.3M | $760.7M | 3 |
| 28 | Highland Bank | Saint Paul | $775.9M | $684.4M | 8 |
| 29 | Alliance Bank | Lake City | $755.9M | $657.9M | 6 |
| 30 | Platinum Bank | Oakdale | $739.1M | $601.1M | 2 |
| 31 | FM Bank | Waseca | $738.4M | $636.1M | 6 |
| 32 | The Bank of Elk River | Elk River | $719.1M | $661.2M | 4 |
| 33 | HomeTown Bank | Carver | $691.9M | $617.5M | 11 |
| 34 | Premier Bank Minnesota | Hastings | $691.5M | $620.1M | 12 |
| 35 | BankVista | Sartell | $651.1M | $540.6M | 3 |
| 36 | First Independent Bank | Russell | $632.3M | $533.0M | 12 |
| 37 | Scale Bank | Edina | $626.7M | $423.1M | 1 |
| 38 | American Heritage National Bank | Long Prairie | $604.7M | $523.8M | 7 |
| 39 | North Shore Bank of Commerce | Duluth | $598.5M | $516.5M | 7 |
| 40 | Citizens Bank Minnesota | New Ulm | $596.0M | $498.7M | 6 |
| 41 | WNB FINANCIAL, N.A. | Winona | $583.7M | $512.9M | 7 |
| 42 | Community Resource Bank | Northfield | $556.4M | $471.8M | 4 |
| 43 | Luminate Bank | Minneapolis | $554.5M | $412.7M | 2 |
| 44 | Northern State Bank of Thief River Falls | Thief River Falls | $550.0M | $499.3M | 3 |
| 45 | Glenwood State Bank (Incorporated) | Glenwood | $545.2M | $469.4M | 3 |
| 46 | Community Bank Mankato | Vernon Center | $538.3M | $473.9M | 5 |
| 47 | Profinium, Inc. | Truman | $533.1M | $455.1M | 4 |
| 48 | Lake Elmo Bank | Lake Elmo | $529.7M | $462.6M | 9 |
| 49 | EntreBank | Bloomington | $527.1M | $474.3M | 1 |
| 50 | Eagle Rock Bank | Rochester | $508.2M | $420.8M | 5 |
| 51 | First State Bank and Trust | Bayport | $499.0M | $455.4M | 4 |
| 52 | First Farmers & Merchants Bank | Cannon Falls | $486.4M | $436.8M | 7 |
| 53 | American National Bank of Minnesota | Baxter | $473.2M | $347.6M | 10 |
| 54 | Northview Bank | Sandstone | $469.7M | $392.5M | 12 |
| 55 | Sterling State Bank | Austin | $461.9M | $359.5M | 6 |
| 56 | Kensington Bank | Kensington | $446.7M | $376.2M | 7 |
| 57 | Star Bank | Maple Lake | $445.8M | $384.6M | 11 |
| 58 | First National Bank Minnesota | Saint Peter | $437.8M | $373.1M | 4 |
| 59 | Foresight Bank | Plainview | $433.8M | $345.3M | 3 |
| 60 | Peoples State Bank of Plainview | Plainview | $429.1M | $393.2M | 6 |
| 61 | My Kind of Bank, National Association | Ottertail | $422.6M | $385.6M | 5 |
| 62 | Sentry Bank | Saint Joseph | $415.5M | $365.0M | 4 |
| 63 | Village Bank | Saint Francis | $411.9M | $366.2M | 4 |
| 64 | First State Bank Southwest | Pipestone | $409.9M | $350.8M | 6 |
| 65 | Crown Bank | Edina | $402.0M | $332.8M | 2 |
| 66 | BankCherokee | Saint Paul | $401.9M | $333.5M | 3 |
| 67 | The Citizens National Bank of Park Rapids | Park Rapids | $397.0M | $348.1M | 1 |
| 68 | Pine Country Bank | Little Falls | $380.3M | $335.1M | 5 |
| 69 | North Star Bank | Roseville | $378.7M | $340.8M | 2 |
| 70 | First Bank Elk River | Elk River | $369.2M | $269.9M | 4 |
| 71 | ProGrowth Bank | Nicollet | $364.8M | $327.1M | 4 |
| 72 | Heritage Bank National Association | Spicer | $361.1M | $286.3M | 5 |
| 73 | United Community Bank | Perham | $359.3M | $326.7M | 3 |
| 74 | Harvest Bank | Kimball | $355.1M | $323.4M | 6 |
| 75 | Granite Bank | Cold Spring | $353.2M | $289.3M | 2 |
| 76 | Sherburne Bank | Becker | $351.1M | $289.5M | 4 |
| 77 | Farmers and Merchants State Bank of Pierz | Pierz | $336.2M | $308.5M | 3 |
| 78 | Reliance Bank | Faribault | $334.1M | $281.6M | 1 |
| 79 | Ultima Bank Minnesota | Winger | $333.9M | $277.3M | 6 |
| 80 | Woodlands National Bank | Hinckley | $331.0M | $298.5M | 7 |
| 81 | VIKING BANK, NATIONAL ASSOCIATION | Alexandria | $330.3M | $283.1M | 3 |
| 82 | The State Bank of Faribault | Faribault | $329.2M | $301.4M | 3 |
| 83 | Citizens Bank & Trust Co. | Hutchinson | $329.0M | $297.4M | 3 |
| 84 | First Bank Blue Earth | Blue Earth | $322.7M | $283.2M | 1 |
| 85 | Gateway Bank | Mendota Heights | $319.5M | $269.7M | 2 |
| 86 | Citizens Independent Bank | Saint Louis Park | $314.2M | $267.0M | 4 |
| 87 | Neighborhood National Bank | Mora | $312.2M | $252.1M | 6 |
| 88 | PrinsBank | Prinsburg | $308.3M | $262.9M | 4 |
| 89 | Minnesota National Bank | Sauk Centre | $298.4M | $253.9M | 3 |
| 90 | Castle Rock Bank | Castle Rock | $293.5M | $249.6M | 3 |
| 91 | The First National Bank of Milaca | Milaca | $293.2M | $259.8M | 4 |
| 92 | Lake Central Bank | Annandale | $291.3M | $257.3M | 3 |
| 93 | Citizens State Bank of Roseau | Roseau | $290.9M | $248.0M | 1 |
| 94 | Liberty Bank Minnesota | Saint Cloud | $290.2M | $262.9M | 6 |
| 95 | Security Bank USA | Bemidji | $263.9M | $238.8M | 2 |
| 96 | Grand Rapids State Bank | Grand Rapids | $261.1M | $234.1M | 2 |
| 97 | VisionBank | Saint Louis Park | $253.9M | $183.6M | 1 |
| 98 | Union Bank and Trust Company | Minneapolis | $253.4M | $230.9M | 1 |
| 99 | Drake Bank | Saint Paul | $247.4M | $211.6M | 1 |
| 100 | Cornerstone State Bank | Montgomery | $247.0M | $223.9M | 7 |
Showing the 100 largest of 221 banks. Search Vault for any institution by name.
NCUA-insured credit unions headquartered in Minnesota, ranked by total assets, with member counts from 5300 call report filings.
| # | Credit union | City | Assets | Members |
|---|---|---|---|---|
| 1 | WINGS FINANCIAL | Apple Valley | $9.32B | 384,731 |
| 2 | TRUSTONE FINANCIAL | Plymouth | $5.97B | 220,287 |
| 3 | AFFINITY PLUS | Saint Paul | $4.88B | 294,655 |
| 4 | BLAZE | Falcon Heights | $4.58B | 253,895 |
| 5 | MAGNIFI FINANCIAL | MELROSE | $2.61B | 84,945 |
| 6 | MAYO EMPLOYEES | ROCHESTER | $1.46B | 75,471 |
| 7 | MEMBERS COOPERATIVE | DULUTH | $1.17B | 58,973 |
| 8 | CITY & COUNTY | SAINT PAUL | $1.17B | 62,180 |
| 9 | TOPLINE FINANCIAL | Maple Grove | $1.12B | 69,595 |
| 10 | IDEAL | WOODBURY | $1.08B | 48,681 |
| 11 | MID MINNESOTA | Baxter | $815.1M | 67,454 |
| 12 | SOUTHPOINT FINANCIAL | SLEEPY EYE | $609.9M | 33,925 |
| 13 | MINNCO | Cambridge | $601.8M | 36,957 |
| 14 | ST. CLOUD FINANCIAL | Sartell | $430.0M | 28,066 |
| 15 | CO-OP CREDIT UNION OF MONTEVIDEO | Montevideo | $400.1M | 17,751 |
| 16 | TRUSTAR | INTERNATIONAL F | $365.6M | 19,118 |
| 17 | SHAREPOINT | Bloomington | $362.9M | 21,310 |
| 18 | MY | BLOOMINGTON | $357.0M | 22,579 |
| 19 | CENTRICITY | HERMANTOWN | $321.9M | 22,037 |
| 20 | MINNESOTA VALLEY | Mankato | $319.6M | 18,374 |
| 21 | FIRST ALLIANCE | Rochester | $301.0M | 21,351 |
| 22 | HOME TOWN | Owatonna | $286.2M | 25,751 |
| 23 | GREATER COMMUNITY | Dawson | $284.9M | 8,605 |
| 24 | NORTH SHORE | Silver Bay | $282.4M | 13,848 |
| 25 | ST. PAUL | Saint Paul | $258.6M | 14,969 |
| 26 | NOVATION | OAKDALE | $241.8M | 14,498 |
| 27 | BUILDING TRADES | MAPLE GROVE | $239.8M | 18,919 |
| 28 | EXPEDITION | Mendota Heights | $220.3M | 14,108 |
| 29 | ACCENTRA | AUSTIN | $209.8M | 17,039 |
| 30 | RED WING | Red Wing | $205.0M | 9,714 |
| 31 | SOUTH METRO | PRIOR LAKE | $181.7M | 4,931 |
| 32 | NORTHWOODS | Cloquet | $174.0M | 11,783 |
| 33 | HEARTLAND | Inver Grove Hei | $173.9M | 10,905 |
| 34 | ASSOCIATED HEALTHCARE | Woodbury | $171.0M | 12,310 |
| 35 | MINNESOTA POWER EMPLOYEES | DULUTH | $158.9M | 4,885 |
| 36 | HARBOR POINTE | DULUTH | $152.4M | 8,014 |
| 37 | LEADING EDGE | Worthington | $138.8M | 11,920 |
| 38 | BRAINERD B. N. | Brainerd | $122.6M | 6,688 |
| 39 | NORTHERN COMMUNITIES | DULUTH | $119.9M | 6,879 |
| 40 | TWO HARBORS | TWO HARBORS | $117.4M | 4,301 |
| 41 | CROW WING POWER | Brainerd | $116.6M | 4,573 |
| 42 | NORTHRIDGE COMMUNITY | Virginia | $114.3M | 7,608 |
| 43 | NORTH STAR | COOK | $112.1M | 6,037 |
| 44 | HIBBING COOPERATIVE | Hibbing | $106.5M | 8,080 |
| 45 | SMW FINANCIAL | LINO LAKES | $90.8M | 4,609 |
| 46 | ELY AREA | ELY | $73.2M | 4,605 |
| 47 | EMBARRASS VERMILLION | Aurora | $66.0M | 4,855 |
| 48 | UNITED EMPLOYEES | ALBERT LEA | $64.7M | 3,993 |
| 49 | FEDERATED EMPLOYEES | OWATONNA | $62.9M | 4,950 |
| 50 | SHARE ADVANTAGE | Duluth | $56.4M | 3,455 |
Deposit market share is measured at the county level from the FDIC Summary of Deposits, an annual branch-level filing as of each June 30. County data shows which institutions actually hold balances in a given market and how concentrated that market is — a question state-level totals cannot answer, because a bank can be small statewide and dominant in its home county.
Vault republishes public FDIC and NCUA filings without modification. Bank figures come from quarterly call reports; credit union figures from NCUA 5300 filings; branch and deposit market share from the FDIC Summary of Deposits. Data is free to access and free to cite, with no login or paywall. The same data is available to AI agents through a public Model Context Protocol server at vaultbot.ai/mcp.