Banks in Redwood County, Minnesota
13 active bank branches operated by 9 institutions, per FDIC records.
Active branches
13
Banks present
9
Deposits (2026)
$839M
Closings since 2020
0
0 openings
Largest banks by deposits in Redwood County (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Minnwest Bank | $307M | 36.6% | 3 |
| The Wanda State Bank | $165M | 19.6% | 1 |
| Old National Bank | $98M | 11.7% | 1 |
| Integrity Bank Plus | $82M | 9.7% | 2 |
| First Independent Bank | $69M | 8.2% | 2 |
| HomeTown Bank | $55M | 6.5% | 1 |
| Farmers and Merchants State Bank of Springfield | $34M | 4.1% | 1 |
| First Security Bank - Sleepy Eye | $15M | 1.8% | 1 |
| MidCountry Bank | $14M | 1.7% | 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.