Minnesota's Top 9 Financial Institutions in 2023

Over 5% of the United States' population calls Minnesota home, making it the 12th largest state. Seventy-five million locals The sheer number of Minnesota's banking institutions can make picking the best one a challenge for locals.

Twin cities residents have access to more physical locations than those in any other part of the state of Minnesota. Financial institutions, however, cover the state extensively.

As a result of technological advancements in the banking industry, online banks have begun to compete with their brick-and-mortar counterparts on a national scale. There is a wide variety of banks to choose from in Minnesota, so prospective customers should do their research.

As We Will See Below

Top 9 Minnesota Financial Institutions

If you're looking to open a bank account in Minnesota, consider the following institutions.

Check Out the Top Minnesota Bank Bonuses & Deals

1. U S Bank

• Provides a variety of banking products and services, including checking, savings, student savings, money market accounts, credit cards, debit cards, trust services, certificates of deposit, loans, and mortgages.
• Monthly Savings Fees As Low As $4 00
• Monthly Checking Account Fees as Low as $4 95

U.S. Bank provides banking services to clients in the Western and Midwestern United States from its headquarters in Minneapolis. The U.S. Bank Stadium gives the bank a prominent local presence in Minneapolis. S The Bancorp Center is only the city's Thirteenth Tallest Building. It is one of the more popular banks with Minnesota locals

U S The parent company of U.S. S Bancorp is a financial services company that helps people and businesses with things like investing, banking, loaning, and making payments. Over 3,000 branches and nearly 5,000 automated teller machines (ATMs) are available to customers in a number of states.

Services and Goods

U S The bank provides a complete range of banking services. It is possible to get credit cards, debit cards, CDs, mortgages, and loans. Options for creating a bank account online If money is added to the checking account during the business day, the overdraft fee will not be assessed.

Bank of Wells Fargo

• Provides a variety of banking products and services, including standard and teen checking and savings accounts, credit and debit cards, certificates of deposit, loans, and mortgages.
• Monthly Savings Fees as Low as $5
• Monthly Fee for Checking Accounts Commencing at $5

Wells Fargo, with headquarters in San Francisco, California, serves over 70 million customers in the United States and 34 other countries with a wide range of financial products and services. Wells Fargo is a financial services company that offers banking options for individuals, medium-sized businesses, and large corporations. Over 8,000 physical locations and 12,000 automated teller machines are available to customers of the banking system.

Wells Fargo is an equal housing lender and is insured by the Federal Deposit Insurance Corporation, so your money is safe with them.

Solutions and Products

Customers of Wells Fargo have access to a number of convenient banking options, including online and mobile banking, Zelle, and bill pay. In addition to zero liability protection, all credit and debit cards also include 24/7 fraud monitoring. Customers of a global bank can feel secure knowing they have back-up while exploring the world.

Thirdly, Bank of America

• Provides a variety of banking products and services, including checking and savings accounts, credit cards, investment services, individual retirement accounts, certificates of deposit, and loans and mortgages.
• Savings Monthly Fee: Starting from (first six months free)
• Monthly Checking Account Fees as Low as $4 95

Bank of America, with its headquarters in Charlotte, North Carolina, is a multinational, full-service bank that is FDIC-insured. They provide banking services in all 50 states and have a large physical presence in Minnesota. More than 4,600 bank locations in the United States and nearly 16,000 automated teller machines (ATMs) are available to customers.

Services and Goods

Features such as a home equity calculator, bill pay, and mobile check deposits are available through their mobile banking app. Customers of Bank of America can use Zelle to make instant payments, manage bills, and access loan and home equity calculators. They provide six different credit cards to meet the needs of their customers.

Bremer Bank, No. 4

• Provides a variety of deposit accounts including checking, savings, money market, credit, debit, loans, mortgages, certificates of deposit (CDs), and services for small businesses.
• Cost-Savings Monthly Membership: $4 and Up
• The minimum monthly fee for a checking account is $3.

Bremer Bank, with headquarters in Saint Paul, Minnesota, is a locally focused, nationally chartered, and FDIC-insured institution. Bremer provides a wide range of financial services to clients in the three states of Minnesota, North Dakota, and Wisconsin.

There are 37,000 Moneypass network ATMs available, as well as personal, business, and agricultural banking services.

Services and Goods

Banking options for businesses, NGOs, and farmers are provided. If you meet the requirements, your checking account monthly fee will be removed. E-statements, bill payment, and balance checks are all available through the website.

Bank 5 Citizens of Minnesota

• Provides a variety of banking options, including checking, savings, credit/debit cards, and services for farmers and businesses.
• Fees per month for savings start at zero dollars.
• Monthly Fee for Checking Accounts, Free of Charge

New Ulm, Minnesota is home to Citizens Bank Minnesota, a local community bank. Customers have access to 7 local brick-and-mortar branches and online banking services

Products and Services of Particular Note

Citizens Bank Minnesota provides High School Scholarships and financial calculators in addition to the standard banking fare offered by most other institutions. Financing for agriculture and commercial enterprises

The Huntington Financial Services Group, Inc.

• Provides a variety of banking products and services including checking, savings, teen checking, business banking, credit cards, debit cards, and treasury management.
• There is no minimum balance or minimum monthly fee for savings accounts.
• Monthly Fee for Checking Accounts, Free of Charge

The Huntington Bancshares, Inc. subsidiary Huntington Bank is a major regional financial institution. They have over a thousand locations across the Midwest, including eighty right here in Minnesota.

Offers of Goods and Services

Huntington Bank has a wide variety of digital banking options, including mobile access. Some examples include "Heads Up," which alerts users whenever a transaction doesn't make sense, and "Spend Setter," which helps users stick to their financial plans. A military bank account is also a possibility.

Seventh, BMO Harris Bank

• Provides a full range of banking products and services including personal and business checking and savings accounts, credit and debit cards, money market accounts, certificates of deposit, individual retirement accounts, mortgages, and revolving credit lines.
• Fees per month for savings start at zero dollars.
• Minimum Monthly Fee for Checking: FREE

The BMO Harris Bank is a major financial institution with its headquarters in Chicago. Approximately 600 brick-and-mortar locations and 1,300 automated teller machines serve customers.

Inventions and Conceptions

The traditional banking services provided by BMO Harris Bank are extensive. There are no monthly service charges or minimum balance requirements for some types of checking and savings accounts. Student loans, home equity loans, and mortgages are just some of the borrowing options presented.

Credit Union of Wings, No. 8

• Provides a variety of financial products and services including checking, savings, custodial accounts, credit cards, debit cards, a holiday club, individual retirement accounts, home mortgages and lines of credit, certificates of deposit, and money market accounts.
• Fees per month for savings start at zero dollars.
• Monthly Fee for Checking Accounts, Free of Charge

Federal credit union Wings Financial Credit Union serves more than 50 airlines' employees. The credit union has over 80,000 network ATMs and 33 physical locations throughout the United States.

Solutions and Products

The checking and savings accounts offered by Wings Financial Credit Union typically have no minimum balance requirements or monthly service charges. Aside from more conventional loans like mortgages and home improvement loans, they also provide options like student loans and loans for airplanes and RVs.

Banking: Associated 9th

• Offers a full suite of banking services, including personal and business checking and savings accounts, as well as IRAs, CDs, private banking, money markets, and health savings accounts.
• Fees per month for savings start at zero dollars.
• Monthly Fee for Checking Accounts: Free of Charge

Financial services are provided by Associated Banc-Corp, doing business as Associated Bank, throughout the states of Wisconsin, Minnesota, and Illinois. Associated Bank has over 200 full-service banking locations and loan production offices. The Green Bay, Wisconsin-based bank is well-known for its retail, commercial, real estate, and private banking services.

Services and Goods

For those who need individualized banking solutions, Associated Bank provides private banking services. Credit and debit cards now include a digital wallet feature, allowing customers to safely make purchases with services like Apple Pay and Google Wallet.

Choosing a Bank in Minnesota: What to Look For

• Details about interest rates and other bonuses on savings and checking accounts
• Minimum balance, overdraft fees, and regular service charges
• Banking services for individuals, as well as those catering to a variety of businesses, charities, and industries.
• Possibility of interacting with support staff either virtually or physically
• Services geared toward families, such as checking and savings accounts for minors.
• Improve your financial knowledge and employ our educational resources.
• Rewards for signing up and continuing to use the service
• Credit cards, loans for vehicles or houses, and other forms of credit access
• Financial planning and management of assets

Questions That We Get A Lot

Which bank do you think is Minnesota's most well-known?

Given the state of Minnesota's sizeable populace, pinpointing the state's most widely used financial institution is no easy task. Numerous major financial institutions, including the United States S Physically present banks include TD Bank, Bank of America, and Wells Fargo.

What is the largest Minnesota bank?

One metric for determining which banks are the largest is the number of branches they have within individual states.

According to the Wells Fargo branch locator, the bank currently has 135 locations throughout the state of Minnesota. Concurrently, U S Second-place bank, with 97 locations. Both financial institutions are well-known and are among the best in the country.

Which Minnesota banks have their main offices here?

Minnesota is home to more than 70 banking institutions. Minneapolis-Saint Paul is where the majority of their businesses are located. U S The state's most well-known financial institutions include:

When it comes to financial institutions, how many M N

Due to a lack of readily available official data, pinpointing the precise number of banking institutions in Minnesota can be challenging. However, numerous online resources claim that over 300 separate banks and credit unions can be found throughout the state. Prospective customers have a plethora of financial institutions from which to choose to satisfy their personal and commercial banking requirements.