Banks in Decorah, IA
Branches open
8
Banks present
5
Deposits (2026)
$868M
Closings on record
1
0 openings
Banks by deposits in Decorah (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Decorah Bank & Trust Company | $553M | 63.7% | 2 |
| Waukon State Bank | $195M | 22.5% | 2 |
| BMO Bank | $51M | 5.9% | 2 |
| Kerndt Brothers Savings Bank | $41M | 4.7% | 1 |
| Northeast Security Bank | $29M | 3.3% | 1 |
All branches
- Decorah Bank & Trust Company — 202 E Water St$553M
- Waukon State Bank — 321 W Water St$195M
- BMO Bank — 120 W Water St$51M
- Kerndt Brothers Savings Bank — 801 S Mechanic St$41M
- Northeast Security Bank — 106 E Main St$29M
- BMO Bank — 405 Heivly St$0K
- Decorah Bank & Trust Company — 1006 Division St$0K
- Waukon State Bank — 1801 Old Stage Road$0K
Closings
- FreedomBank — Decorah, IAbank exits city1798 OLD STAGE RD · closed January 31, 2024
Transcribed from FDIC BankFind Suite active-location records, the annual Summary of Deposits and structure-change records. Deposit figures reflect the office to which deposits are reported and may not represent where depositors live.