Banks in Hermantown, MN
Branches open
5
Banks present
5
Deposits (2025)
$281M
Closings on record
0
2 openings
Banks by deposits in Hermantown (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| National Bank of Commerce | $103M | 36.8% | 1 |
| North Shore Bank of Commerce | $95M | 33.8% | 1 |
| Frandsen Bank & Trust | $30M | 10.8% | 1 |
| Western National Bank | $28M | 10% | 1 |
| Park State Bank | $24M | 8.6% | 1 |
All branches
- National Bank of Commerce — 4105 Richard Ave$103M
- North Shore Bank of Commerce — 4810 Miller Trunk Hwy$95M
- Frandsen Bank & Trust — 4803 Miller Trunk Hwy$30M
- Western National Bank — 4120 Richard Ave$28M
- Park State Bank — 4161 Haines Road$24M
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.