Banks in Dakota County, Minnesota
87 active bank branches operated by 33 institutions, per FDIC records.
Active branches
87
Banks present
33
Deposits (2025)
$9.9B
Closings since 2020
16
9 openings
Largest banks by deposits in Dakota County (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Wells Fargo | $2.4B | 24.1% | 10 |
| U.S. Bank | $1.5B | 15.6% | 7 |
| Old National Bank | $1.4B | 13.7% | 7 |
| Vermillion State Bank | $770M | 7.8% | 6 |
| Huntington Bank | $744M | 7.5% | 6 |
| Merchants Bank | $311M | 3.1% | 4 |
| Associated Bank | $260M | 2.6% | 3 |
| Castle Rock Bank | $236M | 2.4% | 3 |
| Choice Financial Group | $234M | 2.4% | 1 |
| Gateway Bank | $231M | 2.3% | 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.