Banks in Olmsted County, Minnesota
45 active bank branches operated by 19 institutions, per FDIC records.
Active branches
45
Banks present
19
Deposits (2025)
$5.4B
Closings since 2020
10
4 openings
Largest banks by deposits in Olmsted County (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Think Mutual Bank | $1.5B | 28.1% | 6 |
| Wells Fargo | $982M | 18.2% | 4 |
| U.S. Bank | $524M | 9.7% | 3 |
| Alerus Financial | $325M | 6% | 3 |
| Old National Bank | $285M | 5.3% | 3 |
| Premier Bank Minnesota | $270M | 5% | 4 |
| West Bank | $223M | 4.1% | 1 |
| Associated Bank | $216M | 4% | 3 |
| Eagle Rock Bank | $213M | 4% | 2 |
| Sterling State Bank | $206M | 3.8% | 2 |
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.