Banks in Norman County, Minnesota
7 active bank branches operated by 7 institutions, per FDIC records.
Active branches
7
Banks present
7
Deposits (2026)
$230M
Closings since 2020
0
0 openings
Largest banks by deposits in Norman County (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Frandsen Bank & Trust | $72M | 31.1% | 1 |
| Red River State Bank | $51M | 22% | 1 |
| American Federal Bank | $31M | 13.6% | 1 |
| United Valley Bank | $29M | 12.4% | 1 |
| BMO Bank | $18M | 8% | 1 |
| Ultima Bank Minnesota | $18M | 7.7% | 1 |
| Northwestern Bank | $12M | 5.2% | 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.