Banks in Lyon County, Minnesota
12 active bank branches operated by 7 institutions, per FDIC records.
Active branches
12
Banks present
7
Deposits (2025)
$1.1B
Closings since 2020
4
1 openings
Largest banks by deposits in Lyon County (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Minnwest Bank | $314M | 28% | 2 |
| First Independent Bank | $274M | 24.4% | 4 |
| Old National Bank | $253M | 22.5% | 1 |
| Wells Fargo | $132M | 11.8% | 1 |
| BMO Bank | $74M | 6.6% | 2 |
| State Bank of Taunton | $39M | 3.5% | 1 |
| U.S. Bank | $37M | 3.3% | 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.