Banks in Baxter, MN
Branches open
10
Banks present
8
Deposits (2025)
$618M
Closings on record
0
1 openings
Banks by deposits in Baxter (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Deerwood Bank | $119M | 19.3% | 1 |
| Old National Bank | $114M | 18.5% | 1 |
| First Western Bank & Trust | $110M | 17.8% | 2 |
| Frandsen Bank & Trust | $89M | 14.4% | 1 |
| National Bank of Commerce | $73M | 11.8% | 2 |
| American National Bank of Minnesota | $59M | 9.5% | 1 |
| First National Bank North | $54M | 8.7% | 1 |
All branches
- Deerwood Bank — 14986 Lynwood Dr$119M
- Old National Bank — 7558 Design Rd$114M
- First Western Bank & Trust — 14084 Baxter Dr$110M
- Frandsen Bank & Trust — 7429 Excelsior Rd$89M
- National Bank of Commerce — 14540 Dellwood Dr$73M
- American National Bank of Minnesota — 7638 Woida Rd$59M
- First National Bank North — 14521 Edgewood Dr$54M
- First Western Bank & Trust — 1550 Fairview Road North—
- National Bank of Commerce — 14540 Dellwood Dr$0K
- Bell Bank — 14091 Baxter Dr—
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.