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Provider of interest checking, individual retirement accounts (IRAs), money market accounts and credit services to the communities of Montrose and Waverly.
www.bankwaverly.com
Financial institution that offers lending and deposit products to families and individuals in Brainerd and Baxter.
www.brainerdsavings.com
Community bank offering retail and business banking services, including checking and savings accounts, as well as installment loans, residential mortgages and commercial loans.
www.cbhutch.com
Provider of checking and savings accounts, loans and certificates of deposit (CDs) to the communities of Ortonville and Buffalo Lake.
www.cenbank.com
Provider of checking and savings accounts, as well as consumer loans, mortgage loans, farm loans and business loans.
www.citizensros.com
Provider of financial products and services to the community of Park Rapids and the surrounding area.
www.cnbbank.com
Provider of personal banking and business banking to Owatonna and the surrounding areas.
www.communitybankmn.com
Community bank that offers a range of retail and business banking services including checking and savings accounts, as well as residential mortgages, agricultural loans, student loans and business loans.
www.communitybankx.com
Financial institution providing investment services as well as online, personal and business banking.
www.deerwoodbank.com
Provider of business banking services to entrepreneurs in the Minneapolis and Saint Paul metro area. Also povides personal banking services.
www.excelbankmn.com
Full-service bank serving customers' financial needs in Beltrami, Cass, Clearwater and Lake of the Woods counties.
www.ffhh.com
Credit union serving its employees and members of select organizations.
www.firstalliancecu.com
Provider of consumer loans, commercial loans, checking accounts, as well as savings and time deposits.
www.firstintegrity.org
Independent, locally owned bank serving the financial needs of individuals and businesses in the Northfield area.
www.firstnationalnfld.com
Provider of consumer and mortgage loans, personal banking and commercial banking services.
www.fmcbank.com
Provider of financial products and services.
www.fnbank3.com
Financial institution that offers checking and savings accounts, commercial loans, consumer loans and certificates of deposit (CDs).
www.fnbbagley.com
Financial institution that offers loans and online banking.
www.fnblonline.com
Community bank offering checking accounts, deposit and savings accounts, loans, credit cards and individual retirement accounts (IRAs).
www.fnbmilaca.com
Provider of interest checking accounts, money market accounts, certificates of deposit (CDs), as well as consumer and commercial loans.
www.fnbpinecity.com
Locally owned independent bank offering a variety of transaction accounts and debit cards to customers in the communities of Dent and Perham.
www.fsbdent-perham.com
Full-service bank providing financial products and services for individuals, families and businesses.
www.goodhuebank.com
Full-service bank serving the financial needs of individuals and businesses with deposit products, loans and certificates of deposit.
www.grandmaraisstatebank.com
Financial institution providing personal banking, business banking, investment services and retirement planning services.
www.highlandbanks.com
Financial institution that offers checking and savings accounts to Miltona, Eagle Bend and Pelican Rapids residents.
www.lakecountrybankers.com
Independent bank that offers a full range of financial services, including a wide variety of lending, deposit and investment products.
www.lakeelmobank.com
Provider of checking and savings accounts, certificates of deposit and various loan programs, such as aviation financing and real estate loans.
www.lakewoodbank.com
Financial services provider to residents and businesses in Isanti and Ramsey.
www.landmark-bank.com
Savings bank that serves the personal banking needs of Central Minnesota residents.
www.libertysavings.com
Provider of personal banking services, business banking services, as well as trust and investment services.
www.merchantsbank.com
Member-owned financial cooperative offering various financial products.
www.minnco.com
Financial institution that offers various loan programs, investment services, checking accounts and savings accounts.
www.minnwestbank.com
Community bank providing personal banking and business banking.
www.park-bank.com
Provider of a full range of financial services including savings accounts, checking accounts, loans and certificates of deposit.
www.parkstatebank.com
Full service bank that serves a large section of north central Minnesota.
www.pineriverstatebank.com
Financial institution that offers personal banking services and business banking services, as well as loan programs.
www.rosemountbank.com
Bank that offers a range of financial products to the communities of Waseca and Waldorf.
www.roundbank.com
Bank that offers loans, savings accounts, money market accounts and checking accounts.
www.securitybankmn.com
Financial service center, offering traditional banking services plus insurance and investment opportunities.
www.ssbhibbing.com
Full service bank offering financial services to residents and businesses in Marine on St. Croix and Scandia.
www.themarinebank.com
Financial institution that offers business deposit accounts, individual deposit accounts, business loans, personal loans, mortgages and construction loans.
www.unitedminnesotabank.com
Savings bank that serves the banking needs of Wells and the surrounding communities.
www.wellsfederalbank.com
Provider of financial services including banking services and lending services.
www.woodlandsnationalbank.com
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When choosing a Minnesota retail banking operation, compare the usual attributes like interest rates and convenience, number of ATMs or national and international services if your business needs them. Consider the following points as well:
1. Some consumer banks in Minnesota offer payroll processing, health savings accounts and other services for small employers.
2. Only a few mega banks, like Wells Fargo, operate in Minnesota.
3. A few regional banking mergers recently changed the Minnesota retail banking scene.
Action Steps
The best contacts and resources to help you get it done
Choose trusted national names for banking retail in Minnesota
Minnesota retail banking companies consist mostly of large regional chains that provide service to Minnesotans and people in neighboring states.
I recommend: Find Wells Fargo branches throughout the state for small business and commercial needs to enjoy all the merchant, payroll and employee services of a national chain in Minnesota. Other smaller regional and national consumer banks in Minnesota include U.S. Bank, with its quick credit loans of up to $100,000 and equipment and agricultural loan programs.
Locate retail banks in Minnesota with a regional focus
Minnesota retail banks cater to the local agribusiness climate, as well as to businesses in Minneapolis-St. Pail and other cities with a national reach.
I recommend: Choose popular Minnesota retail banks like TCF, which offers the usual lines of credit and online business banking as well as payroll direct deposit for employees and workers' compensation and small business insurance. Check out Bremer Bank, one of the Minnesota consumer banks that offers a mix of small business, commercial and merchant services with five different types of "eBiz" programs.
Focus on retail banks in Minnesota with a community slant
Whether you live in, or do business in, a small community or suburb, consider a Minnesota retail bank that caters to your needs, but offers all the business options of a large chain bank.
I recommend: Take advantage of the complete business and loan services offered by Home Federal, including cash management and seasonal analysis of accounts. Use Guaranty Bank for its employee privilege program and treasury, tax and loan program for small businesses.
Tips & Tactics
Helpful advice for making the most of this Guide
- • When looking for Minnesota retail banks, be aware that large chains don't have the presence here that they do in other states, so consult with your business planner before opening a Minnesota based bank account to ensure the financial institution you choose will cover any international services you may need as your business grows.

