Banks in Lyon County, Minnesota
12 active bank branches operated by 7 institutions, per FDIC records.
Active branches
12
Banks present
7
Deposits (2026)
$1.2B
Closings since 2020
4
1 openings
Largest banks by deposits in Lyon County (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Minnwest Bank | $374M | 31% | 2 |
| First Independent Bank | $307M | 25.4% | 4 |
| Old National Bank | $252M | 20.8% | 1 |
| Wells Fargo | $137M | 11.3% | 1 |
| BMO Bank | $61M | 5.1% | 2 |
| U.S. Bank | $40M | 3.3% | 1 |
| State Bank of Taunton | $37M | 3.1% | 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.