Banks in Baxter, MN
Branches open
10
Banks present
8
Deposits (2026)
$700M
Closings on record
0
1 openings
Banks by deposits in Baxter (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Old National Bank | $137M | 19.6% | 1 |
| Deerwood Bank | $137M | 19.5% | 1 |
| First Western Bank & Trust | $114M | 16.4% | 2 |
| Frandsen Bank & Trust | $89M | 12.8% | 1 |
| National Bank of Commerce | $82M | 11.7% | 2 |
| First National Bank North | $69M | 9.9% | 1 |
| American National Bank of Minnesota | $55M | 7.8% | 1 |
| Bell Bank | $17M | 2.4% | 1 |
All branches
- Old National Bank — 7558 Design Rd$137M
- Deerwood Bank — 14986 Lynwood Dr$137M
- First Western Bank & Trust — 14084 Baxter Dr$114M
- Frandsen Bank & Trust — 7429 Excelsior Rd$89M
- National Bank of Commerce — 14540 Dellwood Dr$82M
- First National Bank North — 14521 Edgewood Dr$69M
- American National Bank of Minnesota — 7638 Woida Rd$55M
- Bell Bank — 14091 Baxter Dr$17M
- First Western Bank & Trust — 1550 Fairview Road North—
- National Bank of Commerce — 14540 Dellwood Dr$0K
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.