Banks in Decorah, IA
Branches open
8
Banks present
5
Deposits (2025)
$790M
Closings on record
1
0 openings
Banks by deposits in Decorah (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Decorah Bank & Trust Company | $504M | 63.8% | 2 |
| Waukon State Bank | $173M | 21.9% | 2 |
| BMO Bank | $50M | 6.4% | 2 |
| Kerndt Brothers Savings Bank | $38M | 4.8% | 1 |
| Northeast Security Bank | $25M | 3.2% | 1 |
All branches
- Decorah Bank & Trust Company — 202 E Water St$504M
- Waukon State Bank — 321 W Water St$173M
- BMO Bank — 120 W Water St$50M
- Kerndt Brothers Savings Bank — 801 S Mechanic St$38M
- Northeast Security Bank — 106 E Main St$25M
- 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.