Banks in Dakota County, Minnesota
88 active bank branches operated by 33 institutions, per FDIC records.
Active branches
88
Banks present
33
Deposits (2026)
$9.9B
Closings since 2020
16
10 openings
Largest banks by deposits in Dakota County (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Wells Fargo | $2.5B | 25.2% | 10 |
| U.S. Bank | $1.6B | 16.1% | 7 |
| Old National Bank | $992M | 10% | 7 |
| Vermillion State Bank | $807M | 8.1% | 6 |
| Huntington Bank | $748M | 7.5% | 6 |
| Merchants Bank | $320M | 3.2% | 4 |
| Associated Bank | $271M | 2.7% | 3 |
| Castle Rock Bank | $250M | 2.5% | 3 |
| Gateway Bank | $243M | 2.5% | 1 |
| Choice Financial Group | $225M | 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.