Banks in Austin, MN
Branches open
7
Banks present
7
Deposits (2026)
$484M
Closings on record
1
0 openings
Banks by deposits in Austin (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Wells Fargo | $132M | 27.2% | 1 |
| U.S. Bank | $116M | 23.8% | 1 |
| Alerus Financial | $58M | 11.9% | 1 |
| Old National Bank | $53M | 10.9% | 1 |
| Sterling State Bank | $47M | 9.8% | 1 |
| First Farmers & Merchants State Bank | $44M | 9% | 1 |
| Manufacturers Bank & Trust Company | $36M | 7.4% | 1 |
All branches
- Wells Fargo — 501 N Main St$132M
- U.S. Bank — 121 2nd Ave Nw$116M
- Alerus Financial — 201 W Oakland Ave$58M
- Old National Bank — 805 N Main St$53M
- Sterling State Bank — 1419 1st Ave Sw$47M
- First Farmers & Merchants State Bank — 128 N Main St$44M
- Manufacturers Bank & Trust Company — 607 N Main St$36M
Closings
- 121 2ND AVE NW · closed December 20, 2025
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.