Banks in Carlton County, Minnesota
10 active bank branches operated by 8 institutions, per FDIC records.
Active branches
10
Banks present
8
Deposits (2026)
$470M
Closings since 2020
0
0 openings
Largest banks by deposits in Carlton County (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| The First National Bank of Moose Lake | $112M | 23.9% | 2 |
| Wells Fargo | $99M | 21% | 1 |
| Frandsen Bank & Trust | $90M | 19.1% | 1 |
| U.S. Bank | $64M | 13.6% | 1 |
| Northview Bank | $42M | 9% | 2 |
| National Bank of Commerce | $29M | 6.2% | 1 |
| Cornerstone State Bank | $20M | 4.2% | 1 |
| Woodlands National Bank | $15M | 3.2% | 1 |
Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors.
Cities and towns
Transcribed from FDIC BankFind Suite active-location records and the annual Summary of Deposits. County assignment follows the FDIC branch record.