Banks in Pipestone County, Minnesota
5 active bank branches operated by 4 institutions, per FDIC records.
Active branches
5
Banks present
4
Deposits (2025)
$544M
Closings since 2020
0
0 openings
Largest banks by deposits in Pipestone County (2025)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| First Bank & Trust | $286M | 52.6% | 1 |
| First Farmers & Merchants National Bank | $118M | 21.6% | 1 |
| First State Bank Southwest | $114M | 20.9% | 2 |
| First Independent Bank | $27M | 4.9% | 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.