Banks in Rice County, Minnesota
17 active bank branches operated by 10 institutions, per FDIC records.
Active branches
17
Banks present
10
Deposits (2026)
$1.8B
Closings since 2020
2
0 openings
Largest banks by deposits in Rice County (2026)
| Bank | Deposits | Share | Branches |
|---|---|---|---|
| Wells Fargo | $364M | 20.5% | 2 |
| Community Resource Bank | $339M | 19.2% | 2 |
| The State Bank of Faribault | $282M | 15.9% | 2 |
| Reliance Bank | $282M | 15.9% | 1 |
| Merchants Bank | $218M | 12.3% | 2 |
| Frandsen Bank & Trust | $169M | 9.6% | 2 |
| Premier Bank Minnesota | $45M | 2.5% | 2 |
| Heritage Bank Minnesota | $32M | 1.8% | 1 |
| Lake Country Community Bank | $28M | 1.6% | 2 |
| The First National Bank of Le Center | $12M | 0.7% | 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.