Banks in Hermantown, MN
Branches open
5
Banks present
5
Deposits (2026)
$305M
Closings on record
0
2 openings
Banks by deposits in Hermantown (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| North Shore Bank of Commerce | $113M | 37.1% | 1 |
| National Bank of Commerce | $96M | 31.5% | 1 |
| Park State Bank | $46M | 15.1% | 1 |
| Frandsen Bank & Trust | $32M | 10.4% | 1 |
| Western National Bank | $18M | 5.8% | 1 |
All branches
- North Shore Bank of Commerce — 4810 Miller Trunk Hwy$113M
- National Bank of Commerce — 4105 Richard Ave$96M
- Park State Bank — 4161 Haines Road$46M
- Frandsen Bank & Trust — 4803 Miller Trunk Hwy$32M
- Western National Bank — 4120 Richard Ave$18M
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.