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Banks in Minnesota
The 221 FDIC-insured banks headquartered in Minnesota, their bank failures since 1934 and the largest credit unions. From the FDIC and the NCUA; quarter ending Jun 30, 2026.
- Banks headquartered here
- 221
- Their assets
- $115.9B
- Their deposits
- $99.9B
- Failures since 2000
- 24
- Credit unions
- 80
Every bank headquartered in Minnesota
Ranked by total assets, quarter ending Jun 30, 2026. Banks based elsewhere with branches here are not included.
| # | Bank | Holding company | Assets | Deposits | Equity | Net income, year to date | ROA | ROE | CET1 ratio | Uninsured deposits | Offices |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ameriprise Bank, FSBMinneapolis, MN | Ameriprise Financial | $25.5B | $23.9B | $1.5B | $388.4M | 3.05% | 50.95% | 30.4% | 2% | 2 |
| 2 | Bridgewater BankSaint Louis Park, MN | Bridgewater Bancshares Inc | $5.4B | $4.4B | $631.1M | $34.8M | 1.30% | 11.37% | 12.7% | 26% | 10 |
| 3 | Frandsen Bank & TrustLonsdale, MN | Frandsen Financial Corp | $3.7B | $3.1B | $431.5M | $33.4M | 1.82% | 15.71% | 13.9% | 32% | 40 |
| 4 | Stearns Bank National AssociationSaint Cloud, MN | Stearns Finl Services Employee STK Ownership Plan | $3.3B | $2.4B | $534.6M | $34.6M | 2.09% | 12.78% | 15.4% | 16% | 8 |
| 5 | Minnwest BankRedwood Falls, MN | Minnwest Corp | $2.9B | $2.6B | $338.2M | $17.0M | 1.14% | 10.26% | 12.1% | 26% | 36 |
| 6 | Merchants Bank, National AssociationWinona, MN | Merchants Financial Group Inc | $2.9B | $2.5B | $344.2M | $17.9M | 1.23% | 10.53% | 13.5% | 26% | 22 |
| 7 | Tradition Capital BankWayzata, MN | Tradition Bancshares Inc | $2.7B | $2.1B | $228.7M | $12.2M | 0.91% | 10.98% | 10.3% | 45% | 4 |
| 8 | Think Mutual BankRochester, MN | – | $2.2B | $1.9B | $343.4M | $7.1M | 0.63% | 4.15% | – | 6% | 9 |
| 9 | Deerwood BankWaite Park, MN | Deerwood Bancshares Inc | $1.5B | $1.4B | $135.2M | $13.4M | 1.79% | 20.33% | 11.3% | 45% | 14 |
| 10 | Park State BankDuluth, MN | Park Financial Group Inc | $1.5B | $1.2B | $146.8M | $9.7M | 1.30% | 13.33% | 14.9% | 26% | 17 |
| 11 | North American Banking CompanyRoseville, MN | N A Corp | $1.5B | $1.1B | $100.0M | $15.6M | 2.13% | 32.00% | 14.6% | 81% | 6 |
| 12 | Citizens Alliance BankClara City, MN | Forstrom Bcorp Inc | $1.4B | $1.2B | $142.1M | $1.4M | 0.20% | 2.00% | 12.6% | 50% | 19 |
| 13 | Security Bank & Trust CompanyGlencoe, MN | Flagship Financial Group Inc | $1.3B | $1.2B | $124.7M | $12.7M | 1.96% | 20.59% | 13.9% | 41% | 26 |
| 14 | Premier BankMaplewood, MN | PB Bancshares Inc | $1.2B | $1.0B | $113.3M | $11.4M | 1.95% | 20.03% | 12.5% | 49% | 8 |
| 15 | First Resource BankLino Lakes, MN | Ameri Financial Group Inc | $1.1B | $893.3M | $100.5M | $4.1M | 0.90% | 10.08% | 11.6% | 15% | 8 |
| 16 | The First National Bank of BemidjiBemidji, MN | First NB of Bemidji Esop&trust | $1.1B | $844.4M | $87.0M | $7.4M | 1.42% | 17.92% | – | 25% | 3 |
| 17 | MidCountry BankMinneapolis, MN | Midcountry Acquisition Corp | $1.1B | $835.8M | $133.4M | $5.4M | 1.03% | 8.08% | 16.0% | 26% | 16 |
| 18 | United Bankers' BankRichfield, MN | United Bankers Bcorp Inc | $1.1B | $635.6M | $147.0M | $7.2M | 1.28% | 10.10% | 17.1% | 37% | 1 |
| 19 | Midwest BankDetroit Lakes, MN | Midwest Bank Group Inc | $984.5M | $788.5M | $93.4M | $11.7M | 2.52% | 25.59% | – | 27% | 7 |
| 20 | United Prairie BankMountain Lake, MN | Farmers State Corp | $939.3M | $788.4M | $96.0M | $6.9M | 1.45% | 14.62% | – | 21% | 10 |
| 21 | Vermillion State BankVermillion, MN | Vermillion Bancshares Inc | $931.4M | $806.6M | $121.5M | $11.9M | 2.56% | 19.79% | – | 30% | 6 |
| 22 | VersaBank USA National AssociationHoldingford, MN | GBH Inc | $911.9M | $675.8M | $187.7M | $5.0M | 1.23% | 5.42% | 30.4% | 0% | 2 |
| 23 | 21st Century BankLoretto, MN | Crosstown Holding Co | $894.8M | $658.8M | $82.7M | $5.8M | 1.31% | 13.86% | 14.7% | 37% | 8 |
| 24 | Pioneer BankMapleton, MN | Citizens Bank Group Inc | $883.8M | $763.0M | $89.9M | $7.0M | 1.57% | 15.82% | 13.7% | 23% | 6 |
| 25 | Falcon National BankFoley, MN | Centra Ventures Inc | $872.3M | $768.7M | $92.5M | $5.3M | 1.20% | 11.80% | – | 28% | 6 |
| 26 | First National Bank NorthWalker, MN | Walker Ban Co | $864.3M | $756.3M | $103.2M | $10.8M | 2.54% | 21.57% | 18.1% | 17% | 10 |
| 27 | Northeast BankMinneapolis, MN | Northeast Securities Corp | $837.3M | $760.7M | $70.0M | $6.2M | 1.49% | 18.05% | 12.3% | 30% | 3 |
| 28 | Highland BankSaint Paul, MN | Highland Bancshares Inc | $775.9M | $684.4M | $57.1M | $159.0K | 0.04% | 0.56% | 10.1% | 33% | 8 |
| 29 | Alliance BankLake City, MN | Alliance Finl Services Inc | $755.9M | $657.9M | $76.7M | $3.8M | 1.00% | 9.73% | 11.7% | 31% | 6 |
| 30 | Platinum BankOakdale, MN | Platinum Bcorp Inc | $739.1M | $601.1M | $60.6M | $5.4M | 1.53% | 18.28% | 10.6% | 54% | 2 |
| 31 | FM BankWaseca, MN | Independent Bancshares Inc | $738.4M | $636.1M | $58.5M | $5.1M | 1.42% | 18.05% | 11.2% | 45% | 6 |
| 32 | The Bank of Elk RiverElk River, MN | Metro North Bancshares Inc | $719.1M | $661.2M | $49.0M | $3.0M | 0.83% | 12.37% | 13.6% | 17% | 5 |
| 33 | HomeTown BankCarver, MN | Redwood Financial Inc | $691.9M | $617.5M | $53.8M | $2.9M | 0.85% | 11.05% | 10.7% | 16% | 11 |
| 34 | Premier Bank MinnesotaHastings, MN | PB Family Bancshares Inc | $691.5M | $620.1M | $66.5M | $6.7M | 1.93% | 19.39% | 12.4% | 32% | 12 |
| 35 | BankVistaSartell, MN | Abdo Investments Inc | $651.1M | $540.6M | $63.6M | $4.0M | 1.24% | 12.84% | 11.5% | 34% | 3 |
| 36 | First Independent BankRussell, MN | Finlayson Bancshares Inc | $632.3M | $533.0M | $61.2M | $4.8M | 1.55% | 17.25% | 12.3% | 16% | 12 |
| 37 | Scale BankEdina, MN | Scale Holding Co | $626.7M | $423.1M | $116.7M | $6.8M | 2.32% | 11.86% | – | 52% | 1 |
| 38 | American Heritage National BankLong Prairie, MN | American Heritage Holding Co | $604.7M | $523.8M | $76.1M | $4.1M | 1.36% | 10.90% | 17.5% | 30% | 7 |
| 39 | North Shore Bank of CommerceDuluth, MN | North Shore Financial Corp | $598.5M | $516.5M | $49.9M | $4.6M | 1.56% | 18.32% | – | 13% | 7 |
| 40 | Citizens Bank MinnesotaNew Ulm, MN | Citizens Bcorp of New Ulm Inc | $596.0M | $498.7M | $53.9M | $2.5M | 0.85% | 9.45% | 11.7% | 17% | 6 |
| 41 | WNB FINANCIAL, N.A.Winona, MN | WNB Holding Co | $583.7M | $512.9M | $60.3M | $2.9M | 1.00% | 9.74% | – | 12% | 7 |
| 42 | Community Resource BankNorthfield, MN | Midcountry Acquisition Corp | $556.4M | $471.8M | $63.7M | $3.9M | 1.40% | 12.37% | 14.0% | 20% | 4 |
| 43 | Luminate BankMinneapolis, MN | Luminate Capital Corp | $554.5M | $412.7M | $54.6M | $8.1M | 3.07% | 31.29% | 12.7% | 63% | 2 |
| 44 | Northern State Bank of Thief River FallsThief River Falls, MN | Gato Holdings Inc | $550.0M | $499.3M | $49.0M | $2.8M | 1.10% | 11.52% | 25.0% | 47% | 3 |
| 45 | Glenwood State Bank (Incorporated)Glenwood, MN | – | $545.2M | $469.4M | $56.2M | $4.7M | 1.70% | 16.90% | 12.1% | 32% | 3 |
| 46 | Community Bank MankatoVernon Center, MN | Vernon Center Bancshares Inc | $538.3M | $473.9M | $51.1M | $2.7M | 1.01% | 10.76% | 12.1% | 20% | 5 |
| 47 | Profinium, Inc.Truman, MN | Profinium Finl Holdings Inc | $533.1M | $455.1M | $49.6M | $2.4M | 0.92% | 10.09% | 13.2% | 17% | 4 |
| 48 | Lake Elmo BankLake Elmo, MN | Lake Elmo Bancshares Inc | $529.7M | $462.6M | $60.1M | $4.7M | 1.79% | 16.08% | 16.1% | 19% | 9 |
| 49 | EntreBankBloomington, MN | Entrepreneurs Bancshares Inc | $527.1M | $474.3M | $48.0M | $4.2M | 1.68% | 18.44% | – | 39% | 1 |
| 50 | Eagle Rock BankRochester, MN | Olmsted Holding Corp | $508.2M | $420.8M | $57.9M | $2.1M | 1.17% | 10.61% | 11.6% | 28% | 5 |
| 51 | First State Bank and TrustBayport, MN | Universal Finl Services Inc | $499.0M | $455.4M | $40.2M | $4.3M | 1.77% | 21.72% | 13.6% | 44% | 4 |
| 52 | First Farmers & Merchants BankCannon Falls, MN | 215 Holding Co | $486.4M | $436.8M | $47.0M | $3.3M | 1.36% | 14.72% | 14.0% | 25% | 7 |
| 53 | American National Bank of MinnesotaBaxter, MN | American Bcorp of MN Inc | $473.2M | $347.6M | $50.7M | $3.2M | 1.35% | 12.86% | 14.3% | 13% | 10 |
| 54 | Northview BankSandstone, MN | Finlayson Bancshares Inc | $469.7M | $392.5M | $51.0M | $3.7M | 1.57% | 14.79% | – | 11% | 12 |
| 55 | Sterling State BankAustin, MN | Sterling Financial Group Inc | $461.9M | $359.5M | $31.8M | $2.3M | 0.98% | 14.53% | 12.8% | 46% | 6 |
| 56 | Kensington BankKensington, MN | Kensington Bcorp Inc | $446.7M | $376.2M | $44.6M | $2.9M | 1.30% | 13.57% | 11.6% | 17% | 7 |
| 57 | Star BankMaple Lake, MN | Midwest Bcorp Inc | $445.8M | $384.6M | $44.2M | $1.2M | 0.52% | 5.41% | 10.7% | 11% | 11 |
| 58 | First National Bank MinnesotaSaint Peter, MN | Bancommunity Service Corp | $437.8M | $373.1M | $43.3M | $3.0M | 1.35% | 13.83% | 13.2% | 16% | 4 |
| 59 | Foresight BankPlainview, MN | Plainview Bankshares Inc | $433.8M | $345.3M | $41.2M | $2.5M | 1.18% | 12.61% | 13.5% | 18% | 3 |
| 60 | Peoples State Bank of PlainviewPlainview, MN | WRZ Bankshares Inc | $429.1M | $393.2M | $28.5M | $3.5M | 1.70% | 25.23% | 13.0% | 22% | 6 |
| 61 | My Kind of Bank, National AssociationOttertail, MN | Henning Bancshares Inc | $422.6M | $385.6M | $34.0M | $3.0M | 1.41% | 17.90% | 11.9% | 16% | 5 |
| 62 | Sentry BankSaint Joseph, MN | Saint Joseph Bancshares Acquisitions | $415.5M | $365.0M | $37.0M | $2.5M | 1.26% | 13.60% | 11.0% | 23% | 4 |
| 63 | Village BankSaint Francis, MN | Village Bancshares Inc | $411.9M | $366.2M | $29.1M | $1.4M | 0.67% | 9.59% | 12.4% | 25% | 4 |
| 64 | First State Bank SouthwestPipestone, MN | First STB SW Ksop Plan&tr | $409.9M | $350.8M | $27.3M | $2.3M | 1.16% | 17.35% | 16.3% | 15% | 6 |
| 65 | Crown BankEdina, MN | Crown Bankshares Inc | $402.0M | $332.8M | $32.7M | $962.0K | 0.45% | 5.91% | 11.0% | 58% | 2 |
| 66 | BankCherokeeSaint Paul, MN | Cherokee Bancshares Inc | $401.9M | $333.5M | $42.8M | $298.0K | 0.15% | 1.63% | 15.5% | 14% | 3 |
| 67 | The Citizens National Bank of Park RapidsPark Rapids, MN | Park Rapids Bancshares Inc | $397.0M | $348.1M | $45.4M | $3.7M | 1.93% | 16.29% | – | 28% | 1 |
| 68 | Pine Country BankLittle Falls, MN | Midcountry Acquisition Corp | $380.3M | $335.1M | $43.9M | $2.7M | 1.40% | 11.87% | 14.3% | 17% | 4 |
| 69 | North Star BankRoseville, MN | – | $378.7M | $340.8M | $36.4M | $2.7M | 1.35% | 14.97% | – | 22% | 2 |
| 70 | First Bank Elk RiverElk River, MN | First Natl Finl Services Inc | $369.2M | $269.9M | $31.2M | $1.0M | 0.57% | 6.71% | – | 18% | 4 |
| 71 | ProGrowth BankNicollet, MN | Progressive Growth Corp | $364.8M | $327.1M | $19.9M | −$2.1M | −1.12% | −21.58% | 20.0% | 13% | 4 |
| 72 | Heritage Bank National AssociationSpicer, MN | Heritage Bancshares Group Employee STK Ownership Plan&tr | $361.1M | $286.3M | $37.9M | −$33.0K | −0.02% | −0.17% | 15.3% | 13% | 4 |
| 73 | United Community BankPerham, MN | Perham State Bancshares Inc | $359.3M | $326.7M | $29.4M | $1.6M | 0.88% | 10.82% | – | 14% | 3 |
| 74 | Harvest BankKimball, MN | Cattail Bancshares Inc | $355.1M | $323.4M | $29.6M | $1.8M | 1.03% | 12.78% | 13.4% | 17% | 6 |
| 75 | Granite BankCold Spring, MN | First Bancshares Cold Spring | $353.2M | $289.3M | $31.3M | $2.4M | 1.37% | 15.69% | 9.9% | 21% | 2 |
| 76 | Sherburne BankBecker, MN | Saint Joseph Bancshares Acquisitions | $351.1M | $289.5M | $30.6M | $3.5M | 2.01% | 23.58% | 10.2% | 17% | 4 |
| 77 | Farmers and Merchants State Bank of PierzPierz, MN | Farmers&merchants Agency Inc | $336.2M | $308.5M | $23.5M | $2.9M | 1.74% | 24.32% | – | 13% | 3 |
| 78 | Reliance BankFaribault, MN | Reliance Bcorp Inc | $334.1M | $281.6M | $28.5M | $1.4M | 0.84% | 10.01% | 11.8% | 26% | 1 |
| 79 | Ultima Bank MinnesotaWinger, MN | Financial Services Winger Inc | $333.9M | $277.3M | $35.5M | $2.8M | 1.76% | 16.15% | – | 11% | 6 |
| 80 | Woodlands National BankHinckley, MN | Mille Lacs Bcorp Inc | $331.0M | $298.5M | $30.6M | $1.0M | 0.63% | 6.69% | 23.7% | 30% | 7 |
| 81 | VIKING BANK, NATIONAL ASSOCIATIONAlexandria, MN | Viking Financial Corp | $330.3M | $283.1M | $38.7M | $2.7M | 1.72% | 14.53% | – | 14% | 3 |
| 82 | The State Bank of FaribaultFaribault, MN | Faribault Bancshares Inc | $329.2M | $301.4M | $23.9M | $1.8M | 1.14% | 16.08% | 12.9% | 29% | 3 |
| 83 | Citizens Bank & Trust Co.Hutchinson, MN | Citizens Bancshares Hutchinson | $329.0M | $297.4M | $16.4M | $1.9M | 1.21% | 23.81% | 14.0% | 30% | 3 |
| 84 | First Bank Blue EarthBlue Earth, MN | FNB Bancshares Inc | $322.7M | $283.2M | $23.8M | $775.0K | 0.48% | 6.66% | – | 25% | 1 |
| 85 | Gateway BankMendota Heights, MN | PB Family Bancshares Inc | $319.5M | $269.7M | $46.2M | $2.1M | 1.36% | 12.06% | 11.3% | 20% | 2 |
| 86 | Citizens Independent BankSaint Louis Park, MN | Bakken Securities Inc | $314.2M | $267.0M | $31.2M | $834.0K | 0.53% | 5.44% | 17.4% | 20% | 4 |
| 87 | Neighborhood National BankMora, MN | Peoples Bankshares Inc | $312.2M | $252.1M | $23.8M | $1.8M | 1.13% | 15.19% | 16.5% | 9% | 6 |
| 88 | PrinsBankPrinsburg, MN | PSB Financial Shares Inc | $308.3M | $262.9M | $37.7M | $4.5M | 2.99% | 25.22% | 17.6% | 29% | 4 |
| 89 | Minnesota National BankSauk Centre, MN | Sauk CTR Finl Services Inc | $298.4M | $253.9M | $30.3M | $2.4M | 1.66% | 16.20% | 11.6% | 24% | 3 |
| 90 | Castle Rock BankCastle Rock, MN | – | $293.5M | $249.6M | $40.9M | $2.1M | 1.45% | 10.50% | 26.3% | 19% | 3 |
| 91 | The First National Bank of MilacaMilaca, MN | Rum River Bcorp Inc | $293.2M | $259.8M | $30.0M | $2.8M | 1.95% | 19.05% | 17.4% | 14% | 4 |
| 92 | Lake Central BankAnnandale, MN | Lake Central Financial Inc | $291.3M | $257.3M | $30.5M | $3.4M | 2.39% | 22.75% | 14.2% | 22% | 3 |
| 93 | Citizens State Bank of RoseauRoseau, MN | Roseau Realty Co Inc | $290.9M | $248.0M | $34.6M | $2.2M | 1.54% | 12.99% | – | 17% | 1 |
| 94 | Liberty Bank MinnesotaSaint Cloud, MN | Liberty Finl Services ST Cloud | $290.2M | $262.9M | $26.9M | $1.5M | 1.04% | 10.97% | 25.9% | 9% | 6 |
| 95 | Security Bank USABemidji, MN | Security ST Bancshares Bemidji | $263.9M | $238.8M | $24.1M | $2.5M | 1.84% | 20.10% | 13.5% | 14% | 2 |
| 96 | Grand Rapids State BankGrand Rapids, MN | Wilcox Bancshares Inc | $261.1M | $234.1M | $24.1M | $2.9M | 2.22% | 24.64% | – | 26% | 2 |
| 97 | VisionBankSaint Louis Park, MN | Vision Bancshares Inc | $253.9M | $183.6M | $24.9M | $2.7M | 2.13% | 21.48% | 12.5% | 22% | 1 |
| 98 | Union Bank and Trust CompanyMinneapolis, MN | – | $253.4M | $230.9M | $20.9M | $1.1M | 0.87% | 10.12% | 16.2% | 67% | 1 |
| 99 | Drake BankSaint Paul, MN | Plato Holdings Inc | $247.4M | $211.6M | $17.2M | −$1.6M | −1.24% | −17.71% | 9.8% | 14% | 1 |
| 100 | Cornerstone State BankMontgomery, MN | Cornerstone Bcorp Inc | $247.0M | $223.9M | $19.9M | $1.8M | 1.49% | 18.94% | – | 11% | 7 |
| 101 | First Farmers & Merchants National BankLuverne, MN | 215 Holding Co | $242.6M | $213.5M | $26.4M | $1.6M | 1.26% | 12.15% | 14.3% | 30% | 2 |
| 102 | Center National BankLitchfield, MN | CNB Financial Corp | $242.6M | $215.5M | $23.8M | $1.7M | 1.41% | 14.00% | 16.6% | 26% | 3 |
| 103 | Arcadian BankHartland, MN | Minnesota Cmty Bancshares Inc | $242.1M | $206.1M | $28.6M | $2.5M | 2.07% | 17.67% | – | 21% | 3 |
| 104 | BANKWESTRockford, MN | Bankwest Financial Inc | $239.9M | $217.5M | $19.7M | $1.6M | 1.32% | 16.53% | 16.1% | 17% | 3 |
| 105 | United Farmers State BankAdams, MN | Adams Bancshares Inc | $233.8M | $181.6M | $22.8M | $2.5M | 2.12% | 22.19% | – | 14% | 3 |
| 106 | Security State Bank of MarineMarine On St. Croix, MN | Marine Bancshares Inc | $232.5M | $206.1M | $25.1M | $2.8M | 2.37% | 22.08% | 15.1% | 17% | 4 |
| 107 | The Wanda State BankWanda, MN | – | $229.8M | $201.3M | $27.2M | $990.0K | 0.85% | 7.37% | – | 13% | 2 |
| 108 | Eagle BankGlenwood, MN | Eagle Investment Co Inc | $226.9M | $193.7M | $31.9M | $2.7M | 2.44% | 17.40% | 22.4% | 29% | 5 |
| 109 | Commerce BankGeneva, MN | Commerce Bancshares | $220.0M | $156.8M | $29.1M | $1.5M | 1.30% | 10.18% | 17.1% | 15% | 2 |
| 110 | Home State BankLitchfield, MN | Kandiyohi Bancshares Inc | $218.9M | $194.3M | $17.3M | $1.3M | 1.18% | 15.41% | 15.9% | 16% | 4 |
| 111 | Lakeview BankLakeville, MN | Lakeview Bcorp Inc | $218.3M | $195.8M | $17.2M | $1.1M | 1.12% | 13.73% | 13.0% | 45% | 2 |
| 112 | F & M Community Bank, National AssociationPreston, MN | F&m Financial Services Inc | $211.1M | $184.4M | $17.3M | $1.1M | 1.06% | 13.10% | – | 17% | 3 |
| 113 | ESB BankCaledonia, MN | Eitzen Independents Inc | $208.9M | $179.1M | $19.0M | $1.6M | 1.54% | 16.60% | – | 14% | 3 |
| 114 | Grand Marais State BankGrand Marais, MN | Central Trust Co | $207.2M | $189.6M | $16.7M | $1.8M | 1.71% | 21.55% | 13.4% | 19% | 5 |
| 115 | Wadena State BankWadena, MN | Wadena Bankshares Inc | $206.6M | $187.9M | $17.9M | $1.9M | 1.85% | 21.37% | – | 13% | 4 |
| 116 | Minnstar Bank National AssociationLake Crystal, MN | Lake Crystal Bcorp Inc | $204.0M | $180.3M | $20.9M | $1.1M | 1.07% | 9.89% | 13.4% | 10% | 2 |
| 117 | Keen Bank, National AssociationWaseca, MN | Frankson Investment Corp | $201.1M | $181.5M | $16.6M | $2.0M | 2.04% | 24.60% | 12.2% | 19% | 3 |
| 118 | Farmers State Bank of HamelHamel, MN | – | $198.3M | $185.1M | $12.5M | $853.0K | 0.87% | 13.80% | – | 31% | 2 |
| 119 | New Market BankElko New Market, MN | Market Bcorp Inc | $196.0M | $177.5M | $17.1M | $1.1M | 1.13% | 13.10% | 10.1% | 20% | 3 |
| 120 | Pine River State BankPine River, MN | Norbanc Group Inc | $185.3M | $169.8M | $15.1M | $852.0K | 0.92% | 11.27% | 16.4% | 13% | 5 |
| 121 | First Security Bank - Sleepy EyeSleepy Eye, MN | First Sleepy Eye Bcorp Inc | $182.8M | $153.3M | $28.4M | $1.5M | 1.54% | 10.49% | 48.2% | 21% | 3 |
| 122 | Battle Bank, National AssociationUpsala, MN | Battle Financial Inc | $180.8M | $112.4M | $67.0M | −$5.9M | −8.08% | −16.75% | – | 21% | 1 |
| 123 | Americana Community BankSleepy Eye, MN | Midwest Bancshares Inc | $179.9M | $152.7M | $19.4M | $550.0K | 0.62% | 5.71% | – | 25% | 4 |
| 124 | The First National Bank of Le CenterLonsdale, MN | Traxshares Inc | $178.2M | $139.6M | $16.3M | $1.4M | 1.57% | 17.79% | – | 5% | 2 |
| 125 | Woodland BankDeer River, MN | Remer Bcorp Inc | $177.5M | $152.0M | $14.5M | $867.0K | 1.01% | 12.19% | 10.7% | 23% | 4 |
| 126 | Freeport State BankFreeport, MN | Freeport Bancshares Inc | $165.5M | $147.9M | $16.9M | $926.0K | 1.11% | 11.18% | 15.0% | 15% | 3 |
| 127 | Northwestern Bank, National AssociationDilworth, MN | Northwestern Bancshares Inc | $164.7M | $143.7M | $18.7M | $1.5M | 1.85% | 16.78% | – | 23% | 6 |
| 128 | First Security BankByron, MN | Olmsted Bcorp Inc | $161.7M | $121.6M | $11.4M | $835.0K | 1.05% | 14.97% | 10.8% | 24% | 1 |
| 129 | First Southeast BankHarmony, MN | First Southeastern Banc Group | $158.3M | $116.0M | $12.0M | $1.2M | 1.60% | 21.00% | 9.7% | 14% | 3 |
| 130 | Perennial BankDarwin, MN | Darwin Bancshares Inc | $158.1M | $144.6M | $12.7M | $783.0K | 1.00% | 12.57% | 23.7% | 11% | 4 |
| 131 | Prime Security BankKarlstad, MN | North State Bancshares Inc | $154.5M | $131.3M | $12.8M | $745.0K | 1.00% | 11.63% | 10.9% | 18% | 3 |
| 132 | State Bank of FairmontFairmont, MN | Web Inc | $154.2M | $139.1M | $14.8M | $1.3M | 1.74% | 18.13% | 15.5% | 23% | 1 |
| 133 | Lake Region BankNew London, MN | Kandi Bancshares Inc | $153.0M | $139.1M | $12.9M | $1.4M | 1.85% | 21.81% | 18.8% | 17% | 3 |
| 134 | Security State Bank of HibbingHibbing, MN | Security Finl Services Inc | $151.9M | $129.9M | $14.1M | $804.0K | 1.07% | 11.60% | 15.6% | 22% | 1 |
| 135 | The First State Bank of RosemountRosemount, MN | Higgins Bcorp Inc | $146.1M | $138.4M | $6.9M | $250.0K | 0.33% | 7.53% | 9.7% | 10% | 2 |
| 136 | Security Bank MinnesotaAlbert Lea, MN | Lake BK Shares Employee STK Ownership Plan | $145.1M | $125.0M | $14.6M | $901.0K | 1.21% | 12.32% | 13.2% | 10% | 3 |
| 137 | Citizens State Bank Norwood Young AmericaNorwood Young America, MN | Piesco Inc | $141.3M | $126.6M | $14.1M | $1.3M | 1.76% | 17.83% | 15.3% | 18% | 1 |
| 138 | Valley Premier BankHawley, MN | Valley Premier BK Employee STK Ownership Plan&tr | $141.0M | $127.7M | $12.7M | $1.0M | 1.44% | 16.34% | – | 22% | 2 |
| 139 | Northwoods Bank of MinnesotaPark Rapids, MN | Dorset Bancshares Inc | $140.6M | $125.0M | $13.0M | $742.0K | 1.05% | 11.40% | – | 19% | 4 |
| 140 | First Farmers & Merchants National BankFairmont, MN | 215 Holding Co | $140.4M | $115.4M | $13.9M | $726.0K | 1.02% | 10.58% | 11.9% | 42% | 2 |
| 141 | Farmers and Merchants State Bank of SpringfieldSpringfield, MN | Piesco Inc | $139.8M | $120.7M | $12.0M | $942.0K | 1.34% | 15.46% | 15.2% | 19% | 2 |
| 142 | Security State Bank of WarroadWarroad, MN | Warroad Bancshares Inc | $138.3M | $119.9M | $17.4M | $486.0K | 0.69% | 5.70% | – | 15% | 2 |
| 143 | The First National Bank of CokatoCokato, MN | Knoff Bancshares Inc | $138.2M | $128.1M | $9.7M | $978.0K | 1.50% | 20.85% | 13.3% | 38% | 1 |
| 144 | Western National BankDuluth, MN | Western Bcorp Inc | $135.8M | $108.8M | $14.3M | $93.0K | 0.14% | 1.29% | 12.3% | 28% | 3 |
| 145 | Worthington Federal Savings Bank, FSBWorthington, MN | – | $135.4M | $113.3M | $19.8M | $414.0K | 0.61% | 4.21% | 31.1% | 4% | 3 |
| 146 | St. Clair State Bank (Incorporated)Saint Clair, MN | Saint Clair Agency Inc | $134.4M | $118.4M | $15.0M | $1.4M | 2.18% | 19.85% | – | 15% | 1 |
| 147 | The First National Bank of Moose LakeMoose Lake, MN | First NB Moose Lake Profit Sharing&esop | $133.7M | $112.4M | $18.9M | $1.4M | 2.12% | 15.67% | – | 25% | 2 |
| 148 | MINNESOTA LAKES BANKDelano, MN | Wilcox Bancshares Inc | $129.8M | $113.5M | $15.2M | $917.0K | 1.43% | 12.07% | 16.8% | 17% | 2 |
| 149 | The First National Bank of BagleyBagley, MN | First Natl Agency Bagley Inc | $129.2M | $119.7M | $8.9M | $768.0K | 1.20% | 17.57% | 12.3% | 17% | 2 |
| 150 | COMMUNITY FIRST BANKMenahga, MN | Menahga Bancshares Inc | $126.5M | $108.4M | $16.0M | $1.2M | 1.84% | 14.84% | – | 14% | 2 |
| 151 | State Bank of New RichlandNew Richland, MN | New Richland Bancshares Inc | $124.2M | $81.0M | $12.2M | $1.2M | 1.97% | 20.87% | 12.0% | 23% | 1 |
| 152 | Key Community BankInver Grove Heights, MN | Inver Grove Bancshares Inc | $121.0M | $107.6M | $13.0M | −$68.0K | −0.11% | −1.13% | – | 46% | 1 |
| 153 | Heritage Bank MinnesotaWest Concord, MN | West Concord Bancshares Inc | $120.9M | $109.8M | $7.8M | $511.0K | 0.85% | 13.66% | 10.0% | 11% | 3 |
| 154 | Global Innovations BankKiester, MN | Global Innovations Holdings | $120.1M | $109.4M | $9.7M | $801.0K | 1.37% | 17.68% | 11.6% | 33% | 1 |
| 155 | First State Bank of BigforkBigfork, MN | Bigfork Bancshares Inc | $117.4M | $101.3M | $13.2M | $638.0K | 1.10% | 9.81% | 19.2% | 11% | 2 |
| 156 | Mid-Central National BankWadena, MN | Jiko Group Inc | $117.1M | $94.9M | $21.3M | $349.0K | 0.60% | 3.31% | 24.8% | 4% | 3 |
| 157 | Rushford State Bank (Incorporated)Rushford, MN | Gebsco Inc | $114.7M | $104.8M | $9.6M | $229.0K | 0.40% | 5.73% | 13.4% | 12% | 2 |
| 158 | Security State Bank of AitkinAitkin, MN | Security ST Agency Aitkin Inc | $114.5M | $106.7M | $6.3M | $529.0K | 0.94% | 16.62% | – | 19% | 4 |
| 159 | Farmers State Bank of UnderwoodUnderwood, MN | Underwood Bancshares Inc | $113.8M | $103.9M | $9.0M | $941.0K | 1.66% | 21.32% | 11.5% | 22% | 4 |
| 160 | Security State Bank of WanamingoWanamingo, MN | Wanamingo Bancshares Inc | $112.7M | $96.7M | $12.8M | $1.2M | 2.21% | 19.87% | – | 8% | 1 |
| 161 | The First National Bank of ColeraineColeraine, MN | Jan-Mar Corp | $112.0M | $105.1M | $6.6M | $363.0K | 0.65% | 11.18% | 18.7% | 26% | 2 |
| 162 | First State Bank of Le CenterLe Center, MN | First ST Agency of Le CTR Inc | $110.4M | $92.3M | $12.1M | $1.0M | 1.86% | 17.50% | 13.7% | 14% | 2 |
| 163 | Red River State BankHalstad, MN | Red River Finl Services Inc | $110.2M | $91.7M | $17.7M | $1.3M | 2.18% | 14.89% | – | 10% | 2 |
| 164 | Produce State BankHollandale, MN | – | $107.2M | $94.6M | $11.9M | $726.0K | 1.31% | 12.13% | – | 10% | 4 |
| 165 | Prairie Sun BankMilan, MN | Dakota Financial Inc | $107.0M | $92.5M | $10.6M | $739.0K | 1.36% | 13.97% | – | 11% | 4 |
| 166 | First State Bank MinnesotaLe Roy, MN | First Leroy Bcorp Inc | $105.9M | $92.5M | $12.0M | $1.0M | 1.94% | 17.64% | – | 16% | 2 |
| 167 | Hometown Community BankCyrus, MN | Cyrus Bancshares Inc | $105.7M | $90.8M | $9.5M | $961.0K | 1.84% | 20.77% | – | 10% | 4 |
| 168 | Community Bank OwatonnaOwatonna, MN | Community Financial Corp | $103.3M | $94.7M | $7.3M | $406.0K | 0.81% | 11.59% | 11.2% | 13% | 1 |
| 169 | Northern State Bank of VirginiaVirginia, MN | Benic Holdings Inc | $102.0M | $91.2M | $10.4M | $587.0K | 1.15% | 11.51% | 15.4% | 21% | 2 |
| 170 | Currie State BankCurrie, MN | Currie Bcorp Inc | $100.0M | $88.3M | $10.7M | $618.0K | 1.24% | 11.55% | – | 7% | 2 |
| 171 | Janesville State BankJanesville, MN | Janesville Holding Co | $98.8M | $84.1M | $10.7M | $740.0K | 1.54% | 13.84% | – | 23% | 1 |
| 172 | The First National Bank of OsakisOsakis, MN | Financial Services Lowry Inc | $97.6M | $80.9M | $9.0M | $541.0K | 1.12% | 11.97% | 10.8% | 15% | 1 |
| 173 | The Miners National Bank of EvelethEveleth, MN | – | $96.6M | $84.4M | $9.5M | $506.0K | 1.03% | 10.89% | 20.9% | 22% | 1 |
| 174 | First Farmers & Merchants State BankBrownsdale, MN | 215 Holding Co | $96.4M | $85.7M | $10.2M | $564.0K | 1.18% | 11.65% | 13.8% | 13% | 2 |
| 175 | Integrity Bank PlusWabasso, MN | Wabasso Bancshares Inc | $93.4M | $81.8M | $10.0M | $802.0K | 1.73% | 16.72% | 15.0% | 15% | 2 |
| 176 | Triumph State BankTrimont, MN | Trimont Bcorp | $93.3M | $80.0M | $12.1M | $728.0K | 1.56% | 12.27% | 16.6% | 15% | 4 |
| 177 | First Farmers & Merchants State Bank of Grand MeadowGrand Meadow, MN | 215 Holding Co | $93.0M | $83.2M | $8.7M | $559.0K | 1.15% | 13.20% | 11.5% | 26% | 3 |
| 178 | Concorde BankBlomkest, MN | Matson Financial Inc | $88.3M | $79.1M | $8.8M | $452.0K | 1.02% | 10.39% | 15.1% | 17% | 2 |
| 179 | The First State Bank of Red WingRed Wing, MN | Noble Bank Holding Co Inc | $86.3M | $83.1M | $3.1M | −$10.0K | −0.02% | −0.66% | 21.8% | 28% | 3 |
| 180 | The First National Bank of GilbertGilbert, MN | Broadway Bancshares Inc | $86.0M | $76.0M | $6.1M | $284.0K | 0.66% | 9.35% | 12.6% | 15% | 2 |
| 181 | Bank of Maple PlainMaple Plain, MN | Maple Banc Shares Inc | $85.5M | $74.7M | $9.7M | $392.0K | 0.92% | 8.18% | 27.3% | 16% | 1 |
| 182 | First Security Bank - CanbyCanby, MN | First Sleepy Eye Bcorp Inc | $85.2M | $72.5M | $12.4M | $880.0K | 2.06% | 14.80% | 24.9% | 12% | 2 |
| 183 | Vantage BankKent, MN | Minndak Bancshares Inc | $85.0M | $75.4M | $7.0M | $741.0K | 1.84% | 20.76% | 10.1% | 20% | 2 |
| 184 | Lowry State BankLowry, MN | Financial Services Lowry Inc | $84.1M | $69.6M | $8.2M | $552.0K | 1.28% | 13.44% | 12.1% | 18% | 1 |
| 185 | Farmers & Merchants State Bank of New York Mills, IncorporatedNew York Mills, MN | New York Mills Bancshares Inc | $83.5M | $72.2M | $7.1M | $369.0K | 0.91% | 10.58% | 24.3% | 20% | 1 |
| 186 | Odin State BankOdin, MN | Odin Bancshares Inc | $82.4M | $74.4M | $6.7M | −$45.0K | −0.11% | −1.39% | 11.9% | 9% | 1 |
| 187 | American State Bank of GryglaGrygla, MN | Grygla Financial Corp | $81.8M | $73.9M | $7.4M | $592.0K | 1.46% | 16.41% | – | 16% | 2 |
| 188 | State Bank of Cold SpringCold Spring, MN | Lindell Bancshares Inc | $81.7M | $73.8M | $7.7M | $639.0K | 1.60% | 16.72% | 19.6% | 17% | 1 |
| 189 | Randall State BankRandall, MN | Security ST Agency Aitkin Inc | $76.4M | $63.2M | $13.0M | $557.0K | 1.50% | 8.89% | – | 15% | 2 |
| 190 | Elysian BankElysian, MN | Elysian Inc | $76.0M | $66.4M | $9.3M | $731.0K | 1.90% | 15.97% | 14.6% | 22% | 1 |
| 191 | Bonanza Valley State BankBrooten, MN | – | $74.8M | $59.5M | $7.0M | $459.0K | 1.20% | 13.24% | 12.2% | 25% | 1 |
| 192 | Farmers State Bank of TrimontTrimont, MN | FSB Holding Co Inc | $73.1M | $60.7M | $11.1M | −$129.0K | −0.35% | −2.33% | 24.1% | 11% | 2 |
| 193 | Security State Bank of KenyonKenyon, MN | Ellingson Corp | $72.2M | $63.2M | $8.8M | $308.0K | 0.86% | 7.07% | 15.8% | 10% | 1 |
| 194 | State Bank of ChandlerChandler, MN | Chandler Bancshares Inc | $68.7M | $60.2M | $7.7M | $514.0K | 1.49% | 13.60% | 16.2% | 10% | 1 |
| 195 | Grand Timber BankMcgregor, MN | Midcountry Acquisition Corp | $64.5M | $53.9M | $8.2M | $407.0K | 1.26% | 9.67% | 13.3% | 10% | 1 |
| 196 | Farmers and Merchants State Bank of AppletonAppleton, MN | MPS Investment Co | $62.0M | $53.8M | $8.0M | $1.0M | 3.27% | 25.07% | – | 21% | 1 |
| 197 | Vergas State BankVergas, MN | Vergas Bcorp Inc | $60.7M | $51.5M | $8.9M | $409.0K | 1.37% | 9.36% | – | 13% | 1 |
| 198 | First Financial Bank in WinnebagoWinnebago, MN | Krause Financial Inc | $58.1M | $47.7M | $6.7M | $369.0K | 1.27% | 11.29% | 19.4% | 10% | 1 |
| 199 | United Minnesota BankNew London, MN | Carlson Bankshares Inc | $56.9M | $52.5M | $4.3M | $435.0K | 1.60% | 21.04% | 11.9% | 14% | 1 |
| 200 | Arlington State BankArlington, MN | Arlco Inc | $56.7M | $52.7M | $3.5M | $38.0K | 0.14% | 2.20% | 23.2% | 17% | 2 |
| 201 | Grove BankGrove City, MN | Grove Bcorp Inc | $56.4M | $45.4M | $7.0M | $58.0K | 0.21% | 1.66% | 12.1% | 14% | 1 |
| 202 | The Northern State Bank of GonvickGonvick, MN | – | $50.6M | $42.3M | $8.1M | $411.0K | 1.55% | 10.26% | 46.2% | 24% | 1 |
| 203 | Security State Bank of OkleeOklee, MN | – | $48.8M | $40.9M | $7.6M | $408.0K | 1.70% | 10.87% | 41.7% | 9% | 1 |
| 204 | Farmers and Merchants State Bank of AlphaAlpha, MN | – | $47.4M | $41.2M | $5.3M | $149.0K | 0.62% | 5.70% | – | 11% | 1 |
| 205 | The First National Bank of McIntoshMcintosh, MN | – | $47.0M | $37.4M | $9.5M | $392.0K | 1.71% | 8.38% | 69.6% | 24% | 1 |
| 206 | State Bank of Lake ParkLake Park, MN | Lake Park Bancshares Inc | $47.0M | $42.5M | $4.3M | $319.0K | 1.38% | 15.16% | – | 6% | 2 |
| 207 | State Bank of TauntonTaunton, MN | Taunton Bancshares Inc | $46.6M | $37.1M | $4.9M | $175.0K | 0.74% | 7.19% | 19.2% | 4% | 1 |
| 208 | State Bank of BellinghamBellingham, MN | The Bellingham Corp | $46.4M | $38.4M | $5.4M | $53.0K | 0.22% | 2.04% | 24.3% | 11% | 1 |
| 209 | Marshall County State BankNewfolden, MN | – | $45.4M | $38.2M | $7.0M | $325.0K | 1.46% | 9.38% | 60.7% | 17% | 1 |
| 210 | Welcome State BankWelcome, MN | Welcome Bancshares Inc | $44.3M | $38.1M | $5.7M | $651.0K | 2.94% | 23.20% | – | 16% | 1 |
| 211 | The First National Bank at St. JamesSaint James, MN | First Natl Agency Saint James | $37.9M | $34.6M | $3.2M | $146.0K | 0.79% | 9.29% | 15.5% | 4% | 1 |
| 212 | Western National BankCass Lake, MN | Western Bcorp Inc | $37.1M | $33.0M | $3.9M | $249.0K | 1.32% | 12.93% | 17.4% | 46% | 1 |
| 213 | State Bank of JeffersJeffers, MN | – | $37.1M | $31.2M | $5.5M | $428.0K | 2.24% | 16.27% | 21.0% | 5% | 1 |
| 214 | Farmers State Bank of HoffmanHoffman, MN | Hoffman Bancshares Inc | $36.9M | $32.7M | $4.0M | $220.0K | 1.20% | 11.27% | – | 20% | 1 |
| 215 | The First National Bank of FairfaxFairfax, MN | Fort Ridgely Natl Bcorp Inc | $35.6M | $21.9M | $13.6M | $196.0K | 1.10% | 2.90% | – | 10% | 1 |
| 216 | The First National Bank of ProctorProctor, MN | – | $34.0M | $31.1M | $2.9M | $98.0K | 0.57% | 6.93% | 25.4% | 7% | 1 |
| 217 | Lake Country Community BankMorristown, MN | Morristown Holding Co | $31.5M | $28.2M | $3.1M | $35.0K | 0.22% | 2.23% | 20.3% | 10% | 2 |
| 218 | Minnesota First Credit and Savings, IncorporatedRochester, MN | – | $29.9M | $24.9M | $4.2M | $46.0K | 0.31% | 2.18% | 19.9% | 0% | 4 |
| 219 | St. Martin National BankSaint Martin, MN | – | $29.4M | $25.0M | $4.3M | $349.0K | 2.42% | 16.69% | – | 0% | 1 |
| 220 | State Bank of EastonEaston, MN | Easton Bancshares Inc | $28.4M | $23.6M | $3.9M | $207.0K | 1.45% | 10.69% | 19.2% | 13% | 1 |
| 221 | First State Bank of SwanvilleSwanville, MN | Swanville Bancshares Inc | $23.8M | $19.2M | $4.3M | $83.0K | 0.71% | 3.76% | 26.7% | 10% | 1 |
Source: FDIC BankFind Suite. Assets, deposits and equity at the end of the latest quarter; net income is year to date. ROA and ROE are annualized returns on assets and equity. CET1 is common equity tier 1 capital as a share of risk-weighted assets. CET1 is blank for banks that do not report it (many small banks use the simpler community bank leverage ratio). Uninsured deposits is the bank's own estimate of the share of deposits above the insurance limit.
Bank failures in Minnesota
81 since 1934; the latest 25.
| Date | Bank | State | Assets | Deposits | Cost to the fund | Acquirer | Resolution |
|---|---|---|---|---|---|---|---|
| Dec 19, 2014 | Northern Star BankMankato, MN | MN | $18.8M | $18.2M | $3.9M | Bankvista | Purchase and assumption |
| Jan 18, 2013 | 1st Regents BankAndover, MN | MN | $49.6M | $49.1M | $12.2M | First Minnesota Bank | Purchase and assumption |
| Sep 7, 2012 | First Commercial BankBloomington, MN | MN | $215.9M | $206.8M | $65.2M | Republic Bank & Trust Company | Purchase and assumption |
| Apr 27, 2012 | Inter Savings Bank, FSB D/b/a/ Interbank, FSBMaple Grove, MN | MN | $463.8M | $458.1M | $79.7M | Great Southern Bank | Purchase and assumption |
| Feb 24, 2012 | Home Savings of AmericaLittle Falls, MN | MN | $434.1M | $432.2M | $43.0M | – | Payout |
| Jan 27, 2012 | Patriot Bank MinnesotaForest Lake, MN | MN | $105.0M | $102.8M | $35.3M | First Resource Bank | Purchase and assumption |
| Oct 7, 2011 | The RiverbankWyoming, MN | MN | $419.7M | $384.1M | $71.2M | Central Bank | Purchase and assumption |
| Apr 15, 2011 | Rosemount National BankRosemount, MN | MN | $21.5M | $21.0M | $5.4M | Central Bank | Purchase and assumption |
| Dec 17, 2010 | Community National BankLino Lakes, MN | MN | $31.6M | $28.8M | $5.8M | Farmers & Merchants Savings Bank | Purchase and assumption |
| Jul 23, 2010 | Community Security BankNew Prague, MN | MN | $100.6M | $95.1M | $18.5M | Roundbank | Purchase and assumption |
| May 21, 2010 | Pinehurst BankSt. Paul, MN | MN | $61.2M | $58.3M | $8.4M | Coulee Bank | Purchase and assumption |
| May 7, 2010 | Access BankChamplin, MN | MN | $32.0M | $32.0M | $7.9M | Prinsbank | Purchase and assumption |
| Mar 19, 2010 | State Bank of AuroraAurora, MN | MN | $28.2M | $27.8M | $7.0M | Northern State Bank | Purchase and assumption |
| Feb 5, 2010 | 1st American State Bank of MinnesotaHancock, MN | MN | $18.2M | $16.3M | $4.5M | Community Development Bank, FSB | Purchase and assumption |
| Jan 29, 2010 | Marshall Bank, National AssociationHallock, MN | MN | $58.6M | $55.7M | $1.1M | United Valley Bank | Purchase and assumption |
| Jan 15, 2010 | St. Stephen State BankSt. Stephen, MN | MN | $22.9M | $23.9M | $7.7M | First State Bank of St. Joseph | Purchase and assumption |
| Nov 6, 2009 | Prosperan BankOakdale, MN | MN | $197.4M | $182.8M | $31.7M | Alerus Financial, N.A. | Purchase and assumption |
| Oct 23, 2009 | Riverview Community BankOstego, MN | MN | $99.1M | $75.0M | $23.5M | Central Bank | Purchase and assumption |
| Oct 2, 2009 | Jennings State BankSpring Grove, MN | MN | $52.3M | $50.8M | $18.9M | Central Bank | Purchase and assumption |
| Sep 11, 2009 | Brickwell Community BankWoodbury, MN | MN | $72.6M | $65.0M | $24.6M | Cortrust Bank, N.A. | Purchase and assumption |
| Aug 28, 2009 | Mainstreet BankForest Lake, MN | MN | $458.5M | $432.8M | $89.9M | Central Bank | Purchase and assumption |
| Jun 26, 2009 | Horizon BankPine City, MN | MN | $84.8M | $69.3M | $24.0M | Stearns Bank, National Association | Purchase and assumption |
| May 30, 2008 | First Integrity Bank, N.A.Staples, MN | MN | $52.9M | $50.2M | $10.3M | First International Bank and Trust | Purchase and assumption |
| Jul 14, 2000 | Town & Country Bank of AlmelundAlmelund, MN | MN | $25.9M | $26.7M | $1.4M | S&c Bank, Minnesota | Purchase and assumption, insured deposits |
| Jul 17, 1992 | State Bank of SpringfieldSpringfield, MN | MN | $30.3M | $28.5M | $127.1K | Southwest State Bank | Purchase and assumption |
Source: FDIC BankFind Suite. Cost to the fund is the FDIC's estimated loss to the deposit insurance fund (earlier funds for older failures). Assets and deposits as of the last report before failure. Assistance transactions kept the bank open with FDIC help.
The largest credit unions in Minnesota
80 credit unions; the largest 25 by assets.
| # | Credit union | Charter | Assets | Members | Loans | Shares and deposits | Net worth ratio | Net income, year to date |
|---|---|---|---|---|---|---|---|---|
| 1 | Trustone FinancialPlymouth, MN | State | $6.1B | 221,366 | $4.2B | $4.6B | 10.99% | $30.8M |
| 2 | Affinity PlusSaint Paul, MN | Federal | $5.0B | 303,111 | $3.8B | $4.3B | 8.78% | $29.8M |
| 3 | BlazeFalcon Heights, MN | State | $4.8B | 257,995 | $2.7B | $4.1B | 8.76% | $20.3M |
| 4 | Magnifi FinancialMelrose, MN | State | $2.8B | 85,513 | $2.3B | $2.3B | 11.04% | $8.4M |
| 5 | Mayo EmployeesRochester, MN | Federal | $1.5B | 76,378 | $708.1M | $1.3B | 14.90% | $13.5M |
| 6 | City & CountySaint Paul, MN | State | $1.2B | 62,004 | $711.4M | $1.0B | 12.08% | $3.7M |
| 7 | Members CooperativeDuluth, MN | State | $1.2B | 60,378 | $947.7M | $968.7M | 10.80% | $6.1M |
| 8 | Topline FinancialMaple Grove, MN | State | $1.1B | 70,319 | $907.4M | $966.4M | 10.16% | $3.8M |
| 9 | IdealWoodbury, MN | State | $1.1B | 48,045 | $890.3M | $894.8M | 10.82% | $3.0M |
| 10 | Mid MinnesotaBaxter, MN | Federal | $858.0M | 68,450 | $707.7M | $766.9M | 9.30% | $4.9M |
| 11 | Southpoint FinancialSleepy Eye, MN | State | $608.9M | 34,823 | $465.3M | $536.1M | 11.17% | $2.3M |
| 12 | MinncoCambridge, MN | State | $604.7M | 37,209 | $360.9M | $530.6M | 9.95% | $2.7M |
| 13 | St. Cloud FinancialSartell, MN | State | $456.4M | 29,001 | $381.9M | $399.9M | 7.07% | $1.3M |
| 14 | Co-Op Credit Union of MontevideoMontevideo, MN | State | $422.8M | 18,059 | $284.3M | $352.5M | 15.80% | $4.0M |
| 15 | TrustarInternational Falls, MN | Federal | $376.7M | 19,503 | $282.3M | $313.5M | 15.42% | $2.7M |
| 16 | MyBloomington, MN | State | $366.4M | 22,103 | $305.6M | $328.7M | 9.44% | $251.5K |
| 17 | SharepointBloomington, MN | State | $360.1M | 20,332 | $232.6M | $317.6M | 11.80% | $1.1M |
| 18 | First AllianceRochester, MN | State | $358.5M | 21,902 | $258.4M | $296.0M | 9.95% | $3.2M |
| 19 | CentricityHermantown, MN | State | $340.5M | 21,518 | $251.3M | $277.4M | 13.97% | $3.6M |
| 20 | Minnesota ValleyMankato, MN | Federal | $329.0M | 18,446 | $168.3M | $289.7M | 11.48% | $1.7M |
| 21 | Greater CommunityDawson, MN | State | $296.5M | 8,631 | $173.0M | $235.0M | 20.72% | $2.5M |
| 22 | Home TownOwatonna, MN | Federal | $293.3M | 26,178 | $198.5M | $262.5M | 10.46% | $1.7M |
| 23 | North ShoreSilver Bay, MN | Federal | $284.8M | 14,189 | $226.7M | $246.7M | 12.77% | $847.0K |
| 24 | St. PaulSaint Paul, MN | Federal | $252.1M | 15,166 | $199.4M | $215.2M | 12.93% | $829.7K |
| 25 | Building TradesMaple Grove, MN | Federal | $249.9M | 19,329 | $154.8M | $217.5M | 10.92% | $1.3M |
Source: NCUA credit union call report data, quarter ending Jun 30, 2026. Names as filed (the NCUA abbreviates them, usually without "Federal Credit Union"). Net income is year to date. The net worth ratio is net worth as a share of assets; 7% or more is "well capitalized".