Statistics
Minnesota banking statistics
How banks and credit unions headquartered in Minnesota compare on size, branches and assets — from federal data.
305
Institutions Data as of Q1 2026
224
Banks Data as of Q1 2026
81
Credit unions Data as of Q1 2026
1,589
Branches Data as of Q1 2026
$150.04B
Total assets Data as of Q1 2026
$128.9B
Total deposits Data as of Q1 2026
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026
Minnesota’s share of the nation
What percentage of all U.S. institutions, branches and bank assets sit in Minnesota.
Largest institutions in Minnesota
| # | Institution | Type | Location | Total assets | Deposits | Branches |
|---|---|---|---|---|---|---|
| 1 | Ameriprise Bank, FSB | Bank | Minneapolis, MN | $25.51B | $23.78B | 2 |
| 2 | Trustone Financial | Credit union | Plymouth, MN | $6.06B | $4.6B | 25 |
| 3 | Bridgewater Bank | Bank | Saint Louis Park, MN | $5.32B | $4.33B | 10 |
| 4 | Affinity Plus | Credit union | Saint Paul, MN | $5.05B | $4.3B | 35 |
| 5 | Blaze | Credit union | Falcon Heights, MN | $4.82B | $4.04B | 30 |
| 6 | Frandsen Bank & Trust | Bank | Lonsdale, MN | $3.69B | $3.14B | 41 |
| 7 | Stearns Bank National Association | Bank | Saint Cloud, MN | $3.3B | $2.52B | 7 |
| 8 | Minnwest Bank | Bank | Redwood Falls, MN | $2.97B | $2.6B | 36 |
| 9 | Merchants Bank, National Association | Bank | Winona, MN | $2.93B | $2.55B | 22 |
| 10 | Tradition Capital Bank | Bank | Wayzata, MN | $2.68B | $2.09B | 4 |
All Minnesota institutions National statistics
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026